Exchange rates: markkaa (FMk) per US$1—5.12 (January 1999),
5.3441 (1998), 5.1914 (1997), 4.5936 (1996), 4.3667 (1995), 5.2235
(1994);
note: on 1 January 1999, the European Union introduced a common
currency that is now being used by financial institutions in some
member countries at the rate of 0.8597 euros per US$ and a fixed
rate of 5.93472 Markkaa per euro; the euro will replace the local
currency in consenting countries for all transactions in 2002
Fiscal year: calendar year
Communications
Telephones: 2.5 million (1995 est.)
Telephone system: modern system with excellent service
domestic: cable, microwave radio relay, and an extensive cellular
net care for domestic needs
international: 1 submarine cable; satellite earth stations—access to
Intelsat transmission service via a Swedish satellite earth station,
1 Inmarsat (Atlantic and Indian Ocean regions); note—Finland shares
the Inmarsat earth station with the other Nordic countries (Denmark,
Iceland, Norway, and Sweden)
Radio broadcast stations: AM 6, FM 105, shortwave 0
Radios: 4.98 million (1991 est.)
Television broadcast stations: 120 (in addition, there are 431 low-power repeaters) (1997)
Televisions: 1.92 million (1995 est.)
Transportation