Kamanian Pound

Kamanian Pound
Lira (Ladino), Punts (Polish), Pfund (Dutch)
Banknotes of 5, 10 and 20 pounds.
ISO 4217
Code	KKL
Number	435
Exponent	2
Denominations
Subunit
1/100	Deno (Ladino), den (Polish & Dutch)
Plural	Lirae (Ladino), Punts (Polish), Pfund (Dutch)
Deno (Ladino), den (Polish & Dutch)	deni (Ladino), deny, denów (Polish), den (Dutch)
Nickname	Kudo: 1 pound, Kilo: 1000 pounds, De Oro (of gold): banknote of 10 pounds.
Banknotes
Freq. used	5, 10, 20, 50 pounds.
Rarely used	100, 200 pounds.
Coins
Freq. used	5, 10, 20, 50 deni, 1 pound
Rarely used	2 pounds
Demographics
User(s)	Kamany
Issuance
Central bank	Kambank
Website	www.kambank-gov.kk
Mint	Kambank
Website	www.kambank-gov.kk

The Kamanian Pound (Ladino: Lira; Polish: Punts; Dutch: Pfund) is the currency of Kamany. Kambank, the central bank of Kamany, issues banknotes and coins. It is divided into 100 deni. The official symbol, L. , is widely used by businesses and advertisers in all languages.

The Kamanian Pound was first issued in 1875 when it replaced the Kamanian Florin. After a period of hyperinflation in 1922-1923, a second version of the Pound was issued in March 1924. In 1955, a third version of the Pound was issued. It stayed in use until the 1st of July 2019 when the last version started to circulate.

Kamanian Florin

The Kamanian Florin was established in 1848 after the implementation of the first federal constitution. According to this plan the Federal Bank of Kamany (Banko Federal de Kamnia) is established in 1849 in Kama in order to oversee cash circulation in the country and produce the new national currency. In 1850 the first coins are minted in denominations of 1/10 (1 gram of silver), 5/10 and (5 grams of silver) and 1 Florin (10 grams of silver) but local coins continued to circulate for smaller denominations. In 1852 small bronze coins in value of 1 deno (1/200 of a florin), 5 deni (1/40 of a florin) and 10 deni (1/20 of a Florin), larger silver coins of 2 Florin (20 g of silver) and gold coins of 10 Florin (6.729g of gold) were issued to complete the coinage. Foreign and former local coins were withdrawn in 1859.

First Kamanian Pound

In 1872 Kamany joined the Latin Union and decimalised its currency. The new currency, the Kamanian Pound was fixed at 5 grams of silver and 0.31 gram of gold. A new coinage respecting standards of the Latin Union was then issued this year in bronze (1 and 2 deni), cupronickel (5, 10 and 25 deni), silver (1/2, 1, 2 and 5 pounds) and gold (10, 20, 50 and 100 pounds). Banknotes of 100, 500 and 1000 pounds were later issued by the central bank in 1879 to ease large cash transactions and from 1884 all private banknotes were demonetised. During the Second Great Persean war the Kamanian pound accused a severe inflation and silver coins were hoarded by the population. As a consequence of that gold coins were withdrawn and banknotes in denominations of 1, 2, 5, 10, 20 and 50 pounds were issued in 1915. Suffering from an even higher inflation after the war, banknotes in large denominations (up to 1,000,000 pounds) were issued until a redenomination of the currency in 1923. To cope with a shortage of coins and banknotes municipalities and provinces issued emergency banknotes.

Second Kamanian Pound

In 1923 the second Kamanian pound was issued at a rate of 1000 old ones. Inflation eroded the value of this second pound and by 1949 it already lost 99% of its value.

Third Kamanian Pound

In 1955, the new pound was introduced, worth 100 old pounds and 1/5 dollar. Aluminium 1, 5, 10 and 20 deni, stainless steel 50 deni and 1 pound, and silver 2 and 5 pounds were introduced. Old coins and banknotes continued to circulate along new ones. Inflation eroded the value of the pound and 1 deno coins were rapidely out of use.

During the 1960s silver coins were demonetised as they were hoarded and 5 pound-coins were replaces by stainless steel counterpart in 1967. At the same time new banknotes were issued in values of 5, 10, 50, 100 and 500 pounds. In 1973 a denomination of 20 pounds was issued.

After mid 1970s the currency started to rapidly lose its value and prices were multiplied by 100 between 1974 and 1987. To adapt to this situation the central bank issued a new series of coins. Half pound coins came in copper, 1 and 5 pounds in aluminium bronze, 10, 20 and 50 pound-coins in cupronickel and from 1985 thick aluminum bronze of 100 pounds. The set of banknotes was also extended and denominations of 1000, 5000 and 10,000 were issued in 1970s and 1980s.

At the end of 1980s the value of the pound stabilised. Although the heavily devalued currency necessited a cash reform and new coins and banknotes were again issued. From 1993 coins were issued in values of 1 and 5 in aluminium bronze, 10, 20, 50 and 100 in cupronickel and a bimetallic 500 pound-coin was issued. A new series of banknotes representing artists was issued between 1989 and 1992 and replaced at the end of 2000s. A coin of 1000 pounds was issued in 2004 but became heavily used only after 2010. By the end of 2010s the kamanian pound had a very low value (673 for a dollar) and redenomination was necessary.

Fouth Kamanian Pound

The 1st of July 2019 a new version of the Kamanian pound was issued, worth 1000 old pounds and 1.3 dollar.

Coins

The current kamanian coins were issued the 1st of July 2019 when the currency was redenominated.

See also: Coins of the Kamanian pound

2019 series
Image		Value	Metal	Diameter	Mass	Edge type
Obverse	Reverse
		5 deni	stainless steel	18.5mm	2.9 g	Smooth
		10 deni	stainless steel	20.5 mm	3.65 g	Smooth
		20 deni	stainless steel	22.5 mm	5 g	Reeded
		50 deni	stainless steel	24.5 mm	6.2g	Reeded
		1 Pound	Ring: Nordic gold, centre: stainless steel	26.3 mm	7g	Reeded with stars
		2 pounds	Centre: Nordic gold, ring: stainless steel	28.3 mm	11 g	Reeded with lettering "KAMNIA KAMNIJK KAMNIA"

Banknotes

The current kamanian banknotes were issued the 1st of July 2019 when the currency was redenominated.

See Also: Banknotes of the Kamanian Pound

Birds series
Image		Value	Main Colour	Description
Obverse	Reverse			Obverse	Reverse
		5 Pounds	Blue	Eurasian blue tit and coat of arms of Kamany	Abstract designs representing fields and plains of Kamany
		10 Pounds	Yellow	Great crested grebe and coat of arms of Kamany	Abstract designs representing wetlands of Kamany
		20 Pounds	Green	European green woodpecker and coat of arms of Kamany	Abstract designs representing hills and mountains of Kamany
		50 Pounds	Red	European robin and coat of arms of Kamany	Abstract designs representing cities of Kamany
		100 Pounds	Purple	Eurasian siskin and coat of arms of Kamany	Abstract designs representing winds and life in the sky of Kamany
		200 Pounds	Orange	White stork and coat of arms of Kamany	Abstract designs representing cultures and traditions of Kamany