Eldmarkian Krona: Difference between revisions

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{{Template:Region icon Kylaris}}
{{Template:Region icon Kylaris}}
{{Infobox currency
{{Infobox currency
| currency_name_in_local = <small>''Eldmarks Kronor'' (Ostisk)
| currency_name_in_local = <small>''Eldmarks Kronor'' (Blostlandic)
| image_1 = EKR_1KronaOBV.png
| image_1 = EKR_1KronaOBV.png
| image_title_1 = A currently issued 1 Krona Bill
| image_title_1 = A currently issued 1 Krona Bill
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== History ==
== History ==
The The name “Krona” is Ostisk for "crown.” From the time of Ordennian colonial rule, the Krona was used as a currency, in silver form, using the {{wp|silver standard}} of valuation. When Eldmark declared independence from the Ordennian government, the currency lost a significant amount of value and, for a brief time, the Eldmarsk provisional governments issued the Papperkrona, a currency not backed by silver or gold, only on the credibility of the government, to finance the war. Shortly after the Krona was reintroduced to the silver standard. After the [[Great War(Kylaris)|Great War]], the currency was switched to a {{wp|fiat currency}} with a {{wp|floating exchange rate}}.  
The The name “Krona” is Blostlandic for "crown.” From the time of Blostlandic colonial rule, the Krona was used as a currency, in silver form, using the {{wp|silver standard}} of valuation. When Eldmark declared independence from the Blostlandic government, the currency lost a significant amount of value and, for a brief time, the Eldmarsk provisional governments issued the Papperkrona, a currency not backed by silver or gold, only on the credibility of the government, to finance the war. Shortly after the Krona was reintroduced to the silver standard. After the [[Great War(Kylaris)|Great War]], the currency was switched to a {{wp|fiat currency}} with a {{wp|floating exchange rate}}.  




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|1 Krona
|1 Krona
|Blue
|Blue
|Meeting of General Adolf Lundquist and Chief Byshwae, Battle of Platenburg, Erik I
|Charge of the Light Cavalry at Kvällholm, Eldmarsk Secessionists praying before a battle, Erik I
|Desert Hummingbird and Cactus Flower, Platefält, Ödemark
|Desert Hummingbird and Cactus Flower, Platefält, Ödemark
|-
|-
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|5 Kronor
|5 Kronor
|Olive
|Olive
|Diagram of the ''ESS Adelström'', Battle of the Horn, Stefan I
|Diagram of ''Fortress Ästeria'', Mariranan and Eldmarsk ships battling in the Arucian, Harald I
|Hyacinth Macaw on a limb, Hamvarsund Rainforest, Hornmark
|Hyacinth Macaw on a limb, Hamvarsund Rainforest, Hornmark
|-
|-
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|Purple
|Purple
|White poppy flower, Mural of the Unity of Man, Frederick II
|White poppy flower, Mural of the Unity of Man, Frederick II
|Raven on the Kungliga Hillebard, Kaktusfält, Tömmastad
|Secretarybird attacking a rinkhal, Kaktusfält, Tömmastad
|}
|}


Latest revision as of 16:59, 16 March 2023

Template:Region icon Kylaris

Eldmarkian Krona
Eldmarks Kronor (Blostlandic)
File:EKR 1KronaOBV.png
A currently issued 1 Krona Bill
ISO 4217
Unit
PluralKronor
SymbolK‎
Denominations
Subunit
 1:100öre
Plural
 öreöre
Symbol
 öreö
Banknotes
 Freq. usedK1, K5, K10, K20, K100
 Rarely usedK50
Demographics
User(s)File:Eldmark.png Eldmark
Issuance
Central bankRiksbank Eldmark
 Websiteriksbank.el
Valuation
Value1 K = 0.23 EUC

The Eldmarkian Krona is the official currency of Eldmark, issued by the Riksbank Eldmark.

History

The The name “Krona” is Blostlandic for "crown.” From the time of Blostlandic colonial rule, the Krona was used as a currency, in silver form, using the silver standard of valuation. When Eldmark declared independence from the Blostlandic government, the currency lost a significant amount of value and, for a brief time, the Eldmarsk provisional governments issued the Papperkrona, a currency not backed by silver or gold, only on the credibility of the government, to finance the war. Shortly after the Krona was reintroduced to the silver standard. After the Great War, the currency was switched to a fiat currency with a floating exchange rate.


Exchange rate

The Riksbank Eldmark, Eldmark's central bank, manages the exchange rate of the krona in times of economic issue, therefore giving the currency in that time period a managed float exchange rate.

The advantages that Eldmark reaps from having a floating/managed float exchange rate is primarily the ability for it to absorb immediate economic shock or currency crisises, while allowing for the Riksbank to intervene if needed.

Banknotes

Current Series
Image Value Main Colour Description
Obverse Reverse Obverse Reverse
File:EKR 1KronaOBV.png File:EKR 1KronaREV.png 1 Krona Blue Charge of the Light Cavalry at Kvällholm, Eldmarsk Secessionists praying before a battle, Erik I Desert Hummingbird and Cactus Flower, Platefält, Ödemark
File:EKR 5KronaOBV.png File:EKR 5KronaREV.png 5 Kronor Olive Diagram of Fortress Ästeria, Mariranan and Eldmarsk ships battling in the Arucian, Harald I Hyacinth Macaw on a limb, Hamvarsund Rainforest, Hornmark
File:EKR 10KronaOBV.png EKR 10KronaREV.png 10 Kronor Red Railway Cannon "Big Karl", Battle of Vaxholmen, Karl I Cormorant on a rock, Storabryggan National Park, Väno
File:EKR 20KronaOBV.png File:EKR 20KronaREV.png 20 Kronor Green Diagram of a M234 Hammarkannon, the ESS Adelström on the hunt for submarines in the Vehemens, Frederick I Lesser Rhea, Gröntbergen, Nåstad
File:EKR 50KronaOBV.png File:EKR 50KronaREV.png 50 Kronor Orange Quill and ink used to sign the Författningen, First session of the Riksdag, Elianora I Golden eagle on a branch, Himdal National Park, Alestad
File:EKR 100KronaOBV.png File:EKR 100KronaREV.png 100 Kronor Purple White poppy flower, Mural of the Unity of Man, Frederick II Secretarybird attacking a rinkhal, Kaktusfält, Tömmastad

Coins

Current Series
Image Value Metal Description
Obverse Reverse Obverse Reverse
File:1ore.png File:1orettails.png 1 öre Zinc, Copper Erik I and cypher, country name, denomination Year, troops holding the line during the Asterian War for Independence, denomination, "Freedom and Prosperity"
File:5ore.png File:5oretails.png 5 öre Nickel, Copper Edvard I and cypher, country name, denomination Year, Farmer with horse and plow, factory, denomination, "Agriculture and Industry"
File:10ore.png File:10oretails.png 10 öre Nickel, Copper Harald I and cypher, country name, denomination Year, Sailing of the steamship Sovereign towards Astoria, denomination, "Commerce and Invention"
File:25ore.png File:25oretails.png 25 öre Zinc, Copper Erik II and cypher, country name, denomination Year, Schoolhouse founded as a result of the Mannenheim Education Movement, denomination, "Order and Progress"
File:50ore.png File:50oreconcepttails.png 50 öre Ryggrad Gold, Nickel Karl I and cypher, country name, denomination, oak and olive wreath Year, Angel of Peace carrying a banner reading "Peace and Victory, 1934," denomination, oak and olive wreath
File:1kronacoin.png File:1kronacointails.png 1 Krona Ryggrad Gold, Nickel Thyri I and cypher, country name, denomination, oak and olive wreath Year, National symbol of Eldmark, denomination, "Queen and Country," oak and olive wreath
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