rahaühik

Rahaühik is the Estonian term for a monetary unit, a unit of account used to express value in an economy. It designates the amount of money used to price goods and services, to perform accounting, and to calculate taxes and other financial indicators. A rahaühik is not a specific currency itself; rather, it is the basic unit in which monetary values are measured. In Estonia, the current rahaühik is the euro, which has been the official currency since 2011; prior to that, the Estonian kroon served as the money unit.

The word is formed from raha (money) and ühik (unit) and appears in legal, economic, and accounting texts to define monetary amounts in a standardized way. In official statistics and financial reporting, values are often stated in the relevant rahaühik to maintain consistency across time and sectors.

Historically, many economies use the term rahaühik to describe the currency unit, regardless of its specific name (for example, euro rahaühik in treaty texts or kroon rahaühik in past documents). The concept of a monetary unit is foundational to price quotation, wage calculation, taxation, and accounting, making it a central element of monetary policy and economic measurement.