# Croatia joins the Eurozone

Last updated on: **5 December 2022**
On 1 January 2023, Croatia will join the Eurozone. This means the Croatian Kuna (HRK) will be deprecated in favor of the euro (EUR).
Balance and bank accounts: On 28 December 2022, we’ll convert your HRK balance to EUR using the official fixed rate of 7.53450 HRK to 1 EUR.
Your bank account number (IBAN) will remain the same; however, it will now be denominated in euros. After the transition, we’ll continue using the bank account we previously used to send HRK payouts. If you have questions about how the transition affects your bank account(s), please contact your bank.
Payouts: Effective 28 December 2022, we will no longer process payouts in HRK. You can still create HRK payouts manually in the Dashboard until 28 December 2022. Due to the transition, payouts initiated after 28 December 2022 will be exceptionally delayed until 9 January 2023.
We’ll use the same bank account we previously used to send HRK payouts. If you currently have both EUR and HRK bank accounts, we’ll deactivate your HRK bank account and begin payouts to your existing EUR bank account on 28 December 2022.
