Galet lira

Galet lira

Galeteran lira
ISO 4217
Unit
Unit	Lira
Plural	Lire
Symbol	₤‎
Nickname	Daner
Denominations
Subunit
​1⁄100	Centesim
Plural
Centesim	Centesimus
Symbol
Centesim	¢
Banknotes
Freq. used	₤5, ₤10, ₤20, ₤50, ₤100
Rarely used	₤200
Coins
Freq. used	¢5, ¢10, ¢50, ₤1
Rarely used	¢1
Demographics
Date of introduction	January 1, 1868 (1868-01-01)Banca dal Commembranza
User(s)	Galeteri
Issuance
Central bank	Banca dal Commembranza
Website	www.bancacommembranza.glt
Printer	Minta Federala
Website	www.mintafederala.glt
Mint	Minta Federala
Website	www.mintafederala.glt
Valuation
Inflation	2.4%
Source	Banca dal Commembranza

The lira is the official currency of Galeteri, introduced on 1 January 1868. Both the ISO code "GTL" and currency symbol "₤" are in common use. The currency is sometimes referred to as the Galet pound in Anterian Common, since lira literally means pound. Historically, lira coins have been minted in Galeteri since the 17th century.

The monetary policy of Galeteri is conducted by the Bank of the Commonwealth, the country's central bank. It is minted and printed by the Federal Mint, in Regenza.

History

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Nullam elementum consequat nisi. Mauris efficitur vitae odio vel sagittis. Praesent posuere gravida est. Phasellus fringilla lobortis sem in tincidunt. Cras a neque consectetur, hendrerit leo et, varius urna. Nulla libero odio, luctus vitae risus vel, vulputate vestibulum tellus. Maecenas commodo sem a egestas rhoncus. Nunc sit amet consequat nunc, at ullamcorper risus. Nullam felis nibh, sagittis sed luctus sed, commodo eget leo. Aliquam fringilla nisl in tristique elementum. Phasellus quis nulla magna. Nulla facilisi. Maecenas tincidunt vitae ante id efficitur.

Coins

The coins are issued in denominations of ₤1, ¢50, ¢10, ¢5, and ¢1. To avoid the use of the two smallest coins, some cash transactions are rounded to the nearest five cents. Coins are often nicknamed "pelletas" in Galet.

Coins of the Galet lira
Image	Value	Diameter	Weight	Material	Obverse	Reverse
	1 centesim	18.75 mm	3.06 g	Copper-covered steel	Alv prezius flower; text "LA COMMEMBRANZA"	"¢1"; Weighting scale
	5 centesim	21.25 mm	3.92 g	Copper-covered steel	Strawberry tree fruit; text "LA COMMEMBRANZA"	"¢5"; Cornucopia
	10 centesim	22.25 mm	5.74 g	Cupronickel	Armillary sphere; text "LA COMMEMBRANZA"	"¢10"; Black sea bass
	50 centesim	24.25 mm	7.8 g	Cupronickel	Spherical strolabe; text "LA COMMEMBRANZA"	"¢50"; Common raven
	1 lira	25.75 mm	8.5 g	Aluminium-bronze	Figure of a woman holding a shield with the Seal of the Commonwealth and a sword; text "LA COMMEMBRANZA"	"₤1"; Outline of the Galet map

Design

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Nullam elementum consequat nisi. Mauris efficitur vitae odio vel sagittis. Praesent posuere gravida est. Phasellus fringilla lobortis sem in tincidunt. Cras a neque consectetur, hendrerit leo et, varius urna. Nulla libero odio, luctus vitae risus vel, vulputate vestibulum tellus. Maecenas commodo sem a egestas rhoncus. Nunc sit amet consequat nunc, at ullamcorper risus. Nullam felis nibh, sagittis sed luctus sed, commodo eget leo. Aliquam fringilla nisl in tristique elementum. Phasellus quis nulla magna. Nulla facilisi. Maecenas tincidunt vitae ante id efficitur.