Difference between revisions of "Laiatanese funt"

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(Imperial funt)
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{{Infobox currency
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#REDIRECT [[Laiatanese korona]]
|name=Laiatanese funt
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|native_name= Лаиатанский фунт <small>([[Laiatanese language|Laiatanese]])</small>
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|image=Banknotes
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|image_alt=
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|imagesize=
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|image_caption=
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|introduced= 1577
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|iso_4217= FNT
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|symbol= Ժ
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|bank=[[Bank of the Laiatanese Federation|Bank of Laiatan]]
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|users=[[Laiatanese Federation]] <br> [[North Dveria]]
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|inflation=1.89% (April 2017)
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|inflation_src= [[Bank of the Laiatanese Federation|Bank of Laiatan]]
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|inflation_method= {{wp|Consumer price index|CPI}}
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|pegged_by=
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|pegged_to=
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|backed_by=
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|backed_at=
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|nsd_rate=
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|sub_value=1/100
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|sub_name=Kusok (к)
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|coins= 1к, 5к, 10к, 25к, Ժ1, Ժ2
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|uncommon_coins= 50к
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|notes= Ժ5, Ժ10, Ժ20, Ժ50
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|uncommon_notes= Ժ100, Ժ200
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|nicknames=
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|printer= [[Laiatanese State Bank Note Company|State Bank Note Company]]
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|printer_web= http://gbpk.lai
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|mint= [[Laiatanese Federal Mint]]
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|mint_web= http://lfm.lai
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}}
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The '''Laiatanese funt''' ([[Laiatanese language|Laiatanese]]: фунт ''funt'', plural: фунта ''funta''; sign: Ժ; code: FNT) is the official {{wp|currency}} of the [[Laiatanese Federation]] and [[North Dveria]]. It is divided into 100 smaller ''kuski'' ([[Laiatanese language|Laiatanese]]: кусок ''kusok'', plural: куски ''kuski'') units. The circulating paper money consists of Federal Bank Notes that are denominated in Laiatanese funta.
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The funt was introduced in 1577 after the rise of the [[Laiatanese Empire]], replacing the old currencies that were circulating among the smaller kingdoms of western Itur. It was decimalized in 1615 when the funt become legally equal to 100 kuski.
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After the establishment of the [[Laiatanese Federation]], the funt remained the national currency and imperial notes were legal tender until the end of the exchange period in 1895. The Federal funt completely replaced the Imperial funt on January 8, 1895, the currencies exchanged 1:1. The major change between the federal and imperial currencies were the removal of imperial iconography from coinage and bills.
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==History==
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Introduced in 1577 with the establishment of the Laiatanese Empire, the funt was used to reform the financial systems of the smaller kingdoms that were integrated into the Empire. Meaning 'pound' in [[Laiatanese language|Laiatanese]], one silver funt (0.99 oz) became equal to 100 copper kuski. Higher denominations of funta were minted in gold.
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The Imperial funt remained the currency of the Laiatanese Empire until its dismantling in 1888 after a brief period of military rule, at which point it became legal tender within the newly formed Laiatanese Federation. It was accepted across the country until the Federal funt officially replaced it on January 8, 1895.
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==Imperial funt==
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The Imperial funt was first issued by the Imperial Laiatanese Bank by decree of [[Katherine I of Laiatan|Empress Katherine I]] in 1577. The purpose was to create a single currency for the Empire and its newly conquered territories to use. The predecessor nation of the Kingdom of Laiatan relied on currency printed by the individual provinces that made up the kingdom, maintaining exchange rates for each currency. Katherine I's decree streamlined and overhauled the Laiatanese monetary system, with printing of the new bills and coins starting later that year.
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===Coins===
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===Banknotes===
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==Federal funt==
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===Coins===
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===Banknotes===
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{{Laiatansearch}}
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[[Category:Laiatan]]
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Latest revision as of 19:39, 23 March 2018