> The peg usually is in the period just before the switch to the euro > if the period is longer then invariably That totally incorrect for most currencies in

> The peg usually is in the period just before the switch to the euro > if the period is longer then invariably That totally incorrect for most currencies in the countries which joined the EU in 2004 or later. The Croatian Kuna was never free floating and pegged to the Euro/DM since it was introduced 1994.