Byzantine Kration: Difference between revisions

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(Created page with "{{Infobox currency | name = Kration | local_name = Κρατίων | image_1 = | image_width_1 = | image_title_1 = | image_2 = | image_width_2 = | image_title_2 = | iso_code = KRA | subunit_name_1 = Nomisma | unit = Kration | plural = Kratioi | symbol = Ķ | symbol_subunit_1 = ņ | nickname = | frequently_used_banknotes = Ķ5, Ķ10, Ķ20, Ķ50, Ķ100, Ķ200 | rarely_used_banknotes = Ķ500 | frequently_used_coins = 1ņ, 2ņ, 5ņ, 10ņ, 20...")
 
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===Coins===
===Coins===
The Kration is divided into 100 [[wikipdia:cent (currency)|Nomismata]] (also referred to as ''cents'').
The Kration is divided into 100 Nomismata (also referred to as ''cents'').


All circulating coins have a ''Fixed Side'' showing the denomination or value, and the State symbol in the background. Due to the linguistic plurality in the Empire, the Greek alphabet is used alongside Arabic numerals. The coins also have a ''Imperial Side'' showing the profile image of the Emperor reigning at the time of minting.
All circulating coins have a ''Fixed Side'' showing the denomination or value, and the State symbol in the background. Due to the linguistic plurality in the Empire, the Greek alphabet is used alongside Arabic numerals. The coins also have a ''Imperial Side'' showing the profile image of the Emperor reigning at the time of minting.

Latest revision as of 18:14, 30 June 2024

Kration
Κρατίων
ISO 4217
Unit
UnitKration
PluralKratioi
SymbolĶ
Denominations
Subunit
 ​1100Nomisma
Symbol
 Nomismaņ
Banknotes
 Freq. usedĶ5, Ķ10, Ķ20, Ķ50, Ķ100, Ķ200
 Rarely usedĶ500
Coins
 Freq. used1ņ, 2ņ, 5ņ, 10ņ, 20ņ, 50ņ, Ķ1, Ķ2
Demographics
Date of introduction1 January 1898; 126 years ago (1898-01-01)
ReplacedVarious
User(s)Byzantine Empire
Issuance
Central bankState Central Treasury
MintImperial Central Mint
Valuation
Inflation2.4% (April 2024)
 MethodHICP


The Kration (symbol: Ķ; currency code: KRA) is the official currency of the Byzantine Empire. The euro is divided into 100 Nomismata.

The name Kration was officially adopted on 16 December 1897. The Kration was introduced on 1 January 1898, making it the day-to-day operating currency of the Byzantine Empire, and by March 1900 had completely replaced the former currencies.

The Kration is managed and administered by the State Central Treasury. The ECB has authority to set monetary policy.


Coins and banknotes

Coins

The Kration is divided into 100 Nomismata (also referred to as cents).

All circulating coins have a Fixed Side showing the denomination or value, and the State symbol in the background. Due to the linguistic plurality in the Empire, the Greek alphabet is used alongside Arabic numerals. The coins also have a Imperial Side showing the profile image of the Emperor reigning at the time of minting.

The coins are issued in denominations of Ķ2, Ķ1, 50ņ, 20ņ, 10ņ, 5ņ, 2ņ, and 1ņ.

Banknotes

Notes are issued in Ķ500, Ķ200, Ķ100, Ķ50, Ķ20, Ķ10, and Ķ5. Each banknote has its own colour.