View source for Gylian þaler

{{Infobox currency
| currency_name_in_local = Þaler
| iso_code = GTH
| date_of_introduction = 1958
| using_countries = {{flag|Gylias}}
| inflation_rate = N/A
| subunit_ratio_1 = <!-- 1/100 -->
| subunit_name_1 =
| symbol = Ŧ
| symbol_subunit_1 =
| nickname =
| nickname_subunit_1 =
| plural =
| plural_subunit_1 =
| frequently_used_coins = Ŧ1, Ŧ5, Ŧ10, Ŧ50, Ŧ100, Ŧ500
| rarely_used_coins =
| frequently_used_banknotes = Ŧ1.000, Ŧ5.000, Ŧ10.000, Ŧ50.000, Ŧ100.000, Ŧ500.000, Ŧ1.000.000, Ŧ5.000.000, Ŧ10.000.000, Ŧ50.000.000
| rarely_used_banknotes =
| pegged_with = [[Common Sphere#Policies|Common Monetary System]]
| issuing_authority = [[National Bank of Gylias]]
}}

The '''þaler''' ({{wpl|currency symbol|symbol}}: '''Ŧ''', {{wpl|currency code|code}}: '''GTH''') is the federal currency of [[Gylias]]. It is issued by the [[National Bank of Gylias]]. 

It was introduced in 1958, as a successor of the ''zauþar'' {{wpl|scrip}} system of the late [[Free Territories (Gylias)|Free Territories]]. Its international value is low but stable, and it has never undergone {{wpl|redenomination}} or {{wpl|revaluation}}.

The þaler has distinctive traits among [[Tyran]]ian currencies. It coexists with numerous {{wpl|complementary currency|complementary currencies}}, which are pegged to it at a value of 1:1. {{wpl|Money creation}} is under public control and carried out by the [[National Bank of Gylias]], creating a {{wpl|full-reserve banking}} system.

It is part of [[Common Sphere#Policies|Common Monetary System]], and its value is {{wpl|fixed exchange-rate system|pegged}} within a {{wpl|currency band}} with other [[Common Sphere]] currencies.

==Etymology==
The currency's name is derived from the {{wpl|German language|German}} ''{{wpl|thaler}}''.

==History==
In the second phase of the [[Liberation War (Gylias)|Liberation War]], [[Aliska Géza]] took the initiative of creating the ''zauþar'' {{wpl|scrip}} system. This served as a common unit of reference for the existing monetary and non-monetary systems of the [[Free Territories (Gylias)|Free Territories]].

Following the end of the war, the ''zauþar'' became the þaler during the transition from the Free Territories to Gylias. After an initial burst of inflation during the trial-and-error phase of the [[National Prices Board]], its value stabilised. Gylias joined the [[Common Sphere]] soon after independence, and the þaler became part of the [[Common Sphere#Policies|Common Monetary System]].

The þaler remains one of Tyran's least valued currencies, with an exchange rate generally in the range of Ŧ200 to Ŧ300 for 1 NSD. No {{wpl|redenomination}} of the currency has ever been undertaken. Frequently cited factors for this include the disruption of the NPB's activity and records, and encouraging {{wpl|numeracy}} by accustoming the population to working with large numbers from an early age.

==Coins==
The coins of the þaler have a functional and austere design, lacking in decoration. They do not feature portraits in order to be representative of all Gylians.

{| class="wikitable" style="font-size: 90%"
! colspan="11" | Current þaler coin series
|-
! rowspan="2" | Image !! rowspan="2" | Value !! colspan="3" | Technical parameters !! colspan="3" | Description
|-
! Diameter !! Mass !! Composition !! Edge !! Obverse !! Reverse
|- 
|
| align=right | Ŧ1
| align=right | {{nowrap|20 mm}}
| align=right | {{nowrap|1 g}}
| {{wpl|Aluminium}}
| Smooth
| {{wpl|olive branch|Olive leaves}}, [[Seal of Gylias|seal]], year of minting
| Value
|- 
|
| align=right | Ŧ5
| align=right | {{nowrap|22 mm}}
| align=right | {{nowrap|2 g}}
| {{wpl|Copper}}-plated {{wpl|steel}}
| Smooth
| {{wpl|olive branch|Olive leaves}}, [[Seal of Gylias|seal]], year of minting
| Value
|- 
|
| align=right | Ŧ10
| align=right | {{nowrap|24 mm}}
| align=right | {{nowrap|3 g}}
| {{wpl|Copper}} and {{wpl|tin}}
| Smooth
| {{wpl|olive branch|Olive leaves}}, [[Seal of Gylias|seal]], year of minting
| Value
|-
|
| align=right | Ŧ50
| align=right | {{nowrap|26 mm}}
| align=right | {{nowrap|4 g}}
| {{wpl|Brass}}-plated {{wpl|steel}}
| Smooth
| {{wpl|olive branch|Olive leaves}}, [[Seal of Gylias|seal]], year of minting
| Value
|-
|
| align=right | Ŧ100
| align=right | {{nowrap|28 mm}}
| align=right | {{nowrap|5 g}}
| {{wpl|Cupronickel}}
| {{wpl|Reeding|Reeded}}
| {{wpl|olive branch|Olive leaves}}, [[Seal of Gylias|seal]], year of minting
| Value
|-
|
| align=right | Ŧ500
| align=right | {{nowrap|30 mm}}
| align=right | {{nowrap|6 g}}
| {{wpl|Nickel brass}}
| {{wpl|Reeding|Reeded}}
| {{wpl|olive branch|Olive leaves}}, [[Seal of Gylias|seal]], year of minting
| Value
|}

==Banknotes==
The banknotes of the þaler have a functional and austere design. They do not feature portraits in order to be representative of all Gylians.

{| class="wikitable"  style="font-size:90%;"
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions<br />(millimetres) !!rowspan="2" colspan="2"| Main colour !!colspan="2"| Description
|-
! Obverse !! Reverse !! Obverse !! Reverse
|-
|
|
|Ŧ1.000
|120 × 61 mm
|style="text-align:center; background:#CCCCCC;"|
|Grey
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, mountain landscape
|-
|
|
|Ŧ5.000
|125 × 64 mm
|style="text-align:center; background:#CCB0F4;"|
|Violet
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, field of flowers
|-
|
|
|Ŧ10.000
|130 × 67 mm
|style="text-align:center; background:#99CCFF;"|
|Blue
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, river, ''{{wpl|Morpho peleides}}''
|-
|
|
|Ŧ50.000
|135 × 70 mm
|style="text-align:center; background:#00FFFF;"|
|Cyan
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, sea landscape
|-
|
|
|Ŧ100.000
|140 × 73 mm
|style="text-align:center; background:#009F6B;"|
|Dark green
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, {{wpl|rainforest}}
|-
|
|
|Ŧ500.000
|145 × 76 mm
|style="text-align:center; background:#8CD653;"|
|Light green
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, violin outline, musical notes
|-
|
|
|Ŧ1.000.000
|150 × 80 mm
|style="text-align:center; background:#F4F4B0;"|
|Yellow
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, field with a {{wpl|windmill}}
|-
|
|
|Ŧ5.000.000
|155 × 82 mm
|style="text-align:center; background:#FFD700;"|
|Gold
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, pen in {{wpl|inkwell}} and paper
|-
|
|
|Ŧ10.000.000
|160 × 84 mm
|style="text-align:center; background:#FF9999;"|
|Red
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, ancient {{wpl|academy}} and {{wpl|orrery}}
|-
|
|
|Ŧ50.000.000
|165 × 85 mm
|style="text-align:center; background:#E5E4E2;"|
|Platinum
|Value, [[Seal of Gylias|seal]], map of Gylias
|Value, {{wpl|sailing ship}}s and {{wpl|astrolabe}}
|}

==Complementary currencies==
The þaler coexists with numerous [[Economy of Gylias#Currency|complementary currencies]]. These include:

* {{wpl|community currency|community currencies}}
* {{wpl|local currency|local currencies}}
* {{wpl|regional currency|regional currencies}}
* {{wpl|sectoral currency|sectoral currencies}}
* {{wpl|cryptocurrency|cryptocurrencies}}

Complementary currencies circulate at legal parity with the þaler. While the þaler is controlled by the National Bank, complementary currencies are controlled by communities, [[Local government in Gylias|local governments]], and others. They are traded through {{wpl|local exchange trading system}}s and online {{wpl|community exchange system}}s.

{{Gylias Navbox}}

[[Category:Economy of Gylias]]