Definition of markka in English:



  • (until the introduction of the euro in 2002) the basic monetary unit of Finland, equal to 100 penniä.

    • ‘The markka, or Finnmark, is the basic monetary unit.’
    • ‘Finnish bankers forecast that the outgoing markka will be overtaken by euro as the most used currency by the beginning of next week.’
    • ‘Finland granted its own currency, the markka, within the Russian Empire.’
    • ‘More than 10 percent of Finland's exports are shipped by air and the stoppage would mean additional losses to Finnish industry of around 70 million markka per day.’
    • ‘If you were a counterfeiter in Finland before the euro, and you wanted to counterfeit the markka, after about half an hour you would have produced enough to saturate the market.’