Laiatanese funt
| Laiatanese funt Лаиатанский фунт (Laiatanese) | |
|---|---|
| Introduced | 1577 |
| ISO 4217 | FNT |
| Symbol | Ժ |
| Central Bank | Bank of Laiatan |
| Users | Laiatanese Federation North Dveria |
| Inflation | 2.66% (April 2017) |
| Source | Bank of Laiatan |
| Method | CPI |
| Subunits | |
| 1/100 | Kusok (к) |
| Coins | |
| Freq. used | 1к, 5к, 10к, 25к, Ժ1, Ժ2 |
| Infreq. used | 50к |
| Notes | |
| Freq. used | Ժ5, Ժ10, Ժ20, Ժ50 |
| Infreq. used | Ժ100, Ժ200 |
| Printer | State Bank Note Company |
| Website | http://gbpk.lai |
| Mint | Laiatanese Federal Mint |
| Website | http://lfm.lai |
The Laiatanese funt (Laiatanese: фунт funt, plural: фунта funta; sign: Ժ; code: FNT) is the official currency of the Laiatanese Federation and North Dveria. It is divided into 100 smaller kuski (Laiatanese: кусок kusok, plural: куски kuski) units. The circulating paper money consists of Federal Bank Notes that are denominated in Laiatanese funta.
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.
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.
History
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, one silver funt (0.99 oz) became equal to 100 copper kuski. Higher denominations of funta were minted in gold.
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.
Imperial funt
Coins
Banknotes
Federal funt
Coins
Banknotes
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Laiatanese Federation |
|
|---|---|---|
| Main article: Laiatan | ||
| Important Topics: Culture ♦ Lupine ♦ Laiatanese language ♦ Mahitou ♦ Laiatanese korona ♦ Defense Forces | ||
| Government: Cabinet ♦ Federation Assembly ♦ Federal Council ♦ People's Council ♦ President ♦ Supreme Federal Court ♦ Political Parties | ||
| History: Pre-Mahigan Laiatan ♦ Kingdom of Laiatan ♦ Laiatanese Empire ♦ Laiatanese Junta ♦ Laiatanese Federation | ||
| Important Figures (Past and Present): Yuliya Surkova ♦ Zakhar Kreskov ♦ Aleksey Zukov ♦ Yuri IV ♦ Katerina I ♦ Nika Alkaev ♦ Yura Lainov | ||
