Orinese Phi: Difference between revisions
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| mint = Royal Orinese Mint | | mint = Royal Orinese Mint | ||
| mint_website = | | mint_website = | ||
| date_of_introduction = | | date_of_introduction = 1893 | ||
| date_of_introduction_source = | | date_of_introduction_source = | ||
| using_countries = {{flag|Orioni}} | | using_countries = {{flag|Orioni}} | ||
| unofficial_users = {{flag|Bainbridge Islands}}<br/>{{flag|Rohini}} | | unofficial_users = {{flag|Bainbridge Islands}}<br/>{{flag|Rohini}} | ||
| inflation_rate = | | inflation_rate = 1.2% (December 2020) | ||
| inflation_source_date = | | inflation_source_date = [[National Bank of Orioni]] | ||
| subunit_ratio_1 = 1/100 | | inflation_method = {{wp|Consumer price index|CPI}} | ||
| subunit_ratio_1 = <sup>1</sup>/<sub>100</sub> | |||
| subunit_name_1 = Phili | | subunit_name_1 = Phili | ||
| symbol = Φ | | symbol = Φ | ||
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| plural = The language(s) of this currency do(es) not have a morphological plural distinction. | | plural = The language(s) of this currency do(es) not have a morphological plural distinction. | ||
| plural_subunit_1 = | | plural_subunit_1 = | ||
| frequently_used_coins = | | frequently_used_coins = 𝞅5, 𝞅10, 𝞅50 Φ1, Φ5 | ||
| rarely_used_coins = | | rarely_used_coins = 𝞅1 | ||
| frequently_used_banknotes = Φ10, Φ50, Φ100, Φ500 | | frequently_used_banknotes = Φ10, Φ50, Φ100, Φ500 | ||
| rarely_used_banknotes = Φ1000 | | rarely_used_banknotes = Φ1000 | ||
}} | }} | ||
The '''Orinese Phi''', ([[Oharic]]: ''Fī Orīnīzi'') is the official currency of [[Orioni]] as well as accepted tender in several countries on [[Eurth]]. The [[National Bank of Orioni]] is responsible for issuing notes and coins in the nation's currency. The currency was adopted in 1893 and is subdivided into 100 Phili. The Phi is the world's fifth-largest reserve currency. | The '''Orinese Phi''', ([[Oharic]]: ''Fī Orīnīzi'') is the official currency of [[Orioni]] as well as accepted tender in several countries on [[Eurth]]. The [[National Bank of Orioni]] is responsible for issuing notes and coins in the nation's currency. The currency was adopted in 1893 and is subdivided into 100 Phili. The Phi is the world's fifth-largest reserve currency on [[Eurth]]. | ||
==Administration== | |||
The [[National Bank of Orioni]] dictates and oversees all monetary policy for the currency. The Royal Orinese Mint manages the minting of all [[#Coins|coins]]. The Royal Orinese Banknote Printing Corporation manages the printing of all [[#Banknotes|banknotes]]. This currency is the only acceptable legal tender for transactions within the country. | The [[National Bank of Orioni]] dictates and oversees all monetary policy for the currency. The Royal Orinese Mint manages the minting of all [[#Coins|coins]]. The Royal Orinese Banknote Printing Corporation manages the printing of all [[#Banknotes|banknotes]]. This currency is the only acceptable legal tender for transactions within the country. | ||
==Characteristics== | ==Characteristics== | ||
One Phi is subdivided into 100 | |||
One Phi is subdivided into 100 phili. Unlike other countries there are no denominations of 2, 20, 200, etc. The [[#Coins|1-phili coin]] is rarely used due to its low value and some stores may no longer accept it. The [[#Banknotes|Φ1000 bill]] is rarely used because it is often associated with crime and money laundering. Criminals who make a lot of money, especially drug dealers, prefer the large denomination: it is easier to transport Φ1000 notes compared to for example Φ50 or Φ100 notes. | |||
===Coins=== | ===Coins=== | ||
The Royal Orinese Mint manages the minting of all coins. In 2018, the following coins were introduced in connection with a redesign. | |||
{|class="wikitable" style="background:#fff;text-align:center" | {|class="wikitable" style="background:#fff;text-align:center" | ||
|- | |- | ||
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!Obverse!!Reverse | !Obverse!!Reverse | ||
|- | |- | ||
|align="center"|[[File:ORP Copper Phili obverse (2018 issue).jpg|100px]] [[File:ORP 1 Phili reverse (2018 issue).jpg|100px]] | | align="center"|[[File:ORP Copper Phili obverse (2018 issue).jpg|100px]] [[File:ORP 1 Phili reverse (2018 issue).jpg|100px]] | ||
|𝞅1 | | 𝞅1 | ||
|20 mm | | 20 mm | ||
|Profile of [[Monarchy of Orioni|Empress Joni I]] ||Denomination and year | | Profile of [[Monarchy of Orioni|Empress Joni I]] ||Denomination and year | ||
|- | |- | ||
|align="center"|[[File:ORP Copper Phili obverse (2018 issue).jpg|110px]] [[File:ORP 5 Phili reverse (2018 issue).jpg|110px]] | | align="center"|[[File:ORP Copper Phili obverse (2018 issue).jpg|110px]] [[File:ORP 5 Phili reverse (2018 issue).jpg|110px]] | ||
|𝞅5 | | 𝞅5 | ||
|22 mm | | 22 mm | ||
|Profile of Empress Joni I ||Denomination and year | | Profile of Empress Joni I ||Denomination and year | ||
|- | |- | ||
|align="center"|[[File:ORP Silver Phili obverse (2018 issue).jpg|120px]] [[File:ORP 10 Phili reverse (2018 issue).jpg|120px]] | | align="center"|[[File:ORP Silver Phili obverse (2018 issue).jpg|120px]] [[File:ORP 10 Phili reverse (2018 issue).jpg|120px]] | ||
|𝞅10 | | 𝞅10 | ||
|24 mm | | 24 mm | ||
|Profile of Empress Joni I ||Denomination and year | | Profile of Empress Joni I ||Denomination and year | ||
|- | |- | ||
|align="center"|[[File:ORP Silver Phili obverse (2018 issue).jpg|130px]] [[File:ORP 50 Phili reverse (2018 issue).jpg|130px]] | | align="center"|[[File:ORP Silver Phili obverse (2018 issue).jpg|130px]] [[File:ORP 50 Phili reverse (2018 issue).jpg|130px]] | ||
|𝞅50 | | 𝞅50 | ||
|26 mm | | 26 mm | ||
|Profile of Empress Joni I ||Denomination and year | | Profile of Empress Joni I ||Denomination and year | ||
|- | |- | ||
|align="center"|[[File:ORP 1 Phi obverse (2018 issue).jpg|140px]] [[File:ORP 1 Phi reverse (2018 issue).jpg|140px]] | | align="center"|[[File:ORP 1 Phi obverse (2018 issue).jpg|140px]] [[File:ORP 1 Phi reverse (2018 issue).jpg|140px]] | ||
|Φ1 | | Φ1 | ||
|28 mm | | 28 mm | ||
|Profile of Empress Joni I ||Denomination and year | | Profile of Empress Joni I ||Denomination and year | ||
|- | |- | ||
|align="center"|[[File:ORP 5 Phi obverse (2018 issue).jpg|150px]] [[File:ORP 5 Phi reverse (2018 issue).jpg|150px]] | | align="center"|[[File:ORP 5 Phi obverse (2018 issue).jpg|150px]] [[File:ORP 5 Phi reverse (2018 issue).jpg|150px]] | ||
|Φ5 | | Φ5 | ||
|28 mm | | 28 mm | ||
|Profile of Empress Joni I ||Denomination and year | | Profile of Empress Joni I ||Denomination and year | ||
|} | |} | ||
===Banknotes=== | ===Banknotes=== | ||
The Royal Orinese Banknote Printing Corporation manages the printing of all banknotes. In 2018, the following banknotes were introduced in connection with a redesign. | |||
{| class="wikitable" style="background:#fff;text-align:center" | {| class="wikitable" style="background:#fff;text-align:center" | ||
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Year !!rowspan="2"| Dimensions<br />(millimetres) !!rowspan="2" colspan="2"| Main colour | !colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Year !!rowspan="2"| Dimensions<br />(millimetres) !!rowspan="2" colspan="2"| Main colour | ||
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==History== | ==History== | ||
[[File:SARMATIA, Olbia. Circa 5th-4th Century BC.jpg|200px|thumb|Distinctive Orinese "Dolphin" coin, circa | |||
[[File:SARMATIA, Olbia. Circa 5th-4th Century BC.jpg|200px|thumb|Distinctive Orinese "Dolphin" coin, circa 1st century CE.]] | |||
The currency has only existed in its current form since 1893. The Orinese started using money in the 2nd century BCE. [[Meda]]nese perfumes have been discovered as far away as [[Aroman Empire|Aroma]], suggesting that the famous [[Pearl Road]] was already emerging. A currency was still a novel idea at the time. Previously it was shaped like dolphins, unique in shape, which seems inconvenient. It is interesting that the early Orinese adopted an {{wp|ingot}} casting method in the dolphin shape, rather than the traditional round or square coinage of their contemporaries. This shape may also have carried religious significance. | The currency has only existed in its current form since 1893. The Orinese started using money in the 2nd century BCE. [[Meda]]nese perfumes have been discovered as far away as [[Aroman Empire|Aroma]], suggesting that the famous [[Pearl Road]] was already emerging. A currency was still a novel idea at the time. Previously it was shaped like dolphins, unique in shape, which seems inconvenient. It is interesting that the early Orinese adopted an {{wp|ingot}} casting method in the dolphin shape, rather than the traditional round or square coinage of their contemporaries. This shape may also have carried religious significance. | ||
(WIP. First currencies. Pre-decimal. Evolution. Establishment of modern currency. Use in the Empire.) | (WIP. First currencies. Pre-decimal. Evolution. Establishment of modern currency. Use in the Empire.) | ||
{{orioni}} | {{orioni}} | ||
{{eurth}} | {{eurth}} | ||
[[Category:Circulating currencies]] | [[Category:Circulating currencies]] |
Revision as of 22:25, 22 February 2021
Orinese Phi | |
---|---|
Fī Orīnīzi (Oharic) | |
![]() 500 Phi banknote of the 2018 series | |
ISO 4217 | |
Code | ORP |
Exponent | 2 |
Denominations | |
Subunit | |
1/100 | Phili |
Plural | The language(s) of this currency do(es) not have a morphological plural distinction. |
Symbol | Φ |
Phili | 𝞅 |
Banknotes | |
Freq. used | Φ10, Φ50, Φ100, Φ500 |
Rarely used | Φ1000 |
Coins | |
Freq. used | 𝞅5, 𝞅10, 𝞅50 Φ1, Φ5 |
Rarely used | 𝞅1 |
Demographics | |
Date of introduction | 1893 |
Official user(s) | ![]() |
Unofficial user(s) | ![]() ![]() |
Issuance | |
Central bank | National Bank of Orioni |
Website | www.bank.gov.io |
Printer | Royal Orinese Banknote Printing Corporation |
Mint | Royal Orinese Mint |
Valuation | |
Inflation | 1.2% (December 2020) |
Source | National Bank of Orioni |
Method | CPI |
The Orinese Phi, (Oharic: Fī Orīnīzi) is the official currency of Orioni as well as accepted tender in several countries on Eurth. The National Bank of Orioni is responsible for issuing notes and coins in the nation's currency. The currency was adopted in 1893 and is subdivided into 100 Phili. The Phi is the world's fifth-largest reserve currency on Eurth.
Administration
The National Bank of Orioni dictates and oversees all monetary policy for the currency. The Royal Orinese Mint manages the minting of all coins. The Royal Orinese Banknote Printing Corporation manages the printing of all banknotes. This currency is the only acceptable legal tender for transactions within the country.
Characteristics
One Phi is subdivided into 100 phili. Unlike other countries there are no denominations of 2, 20, 200, etc. The 1-phili coin is rarely used due to its low value and some stores may no longer accept it. The Φ1000 bill is rarely used because it is often associated with crime and money laundering. Criminals who make a lot of money, especially drug dealers, prefer the large denomination: it is easier to transport Φ1000 notes compared to for example Φ50 or Φ100 notes.
Coins
The Royal Orinese Mint manages the minting of all coins. In 2018, the following coins were introduced in connection with a redesign.
Image | Value | ∅ | Description | |
---|---|---|---|---|
Obverse | Reverse | |||
![]() ![]() |
𝞅1 | 20 mm | Profile of Empress Joni I | Denomination and year |
![]() ![]() |
𝞅5 | 22 mm | Profile of Empress Joni I | Denomination and year |
![]() ![]() |
𝞅10 | 24 mm | Profile of Empress Joni I | Denomination and year |
![]() ![]() |
𝞅50 | 26 mm | Profile of Empress Joni I | Denomination and year |
![]() ![]() |
Φ1 | 28 mm | Profile of Empress Joni I | Denomination and year |
![]() ![]() |
Φ5 | 28 mm | Profile of Empress Joni I | Denomination and year |
Banknotes
The Royal Orinese Banknote Printing Corporation manages the printing of all banknotes. In 2018, the following banknotes were introduced in connection with a redesign.
History
The currency has only existed in its current form since 1893. The Orinese started using money in the 2nd century BCE. Medanese perfumes have been discovered as far away as Aroma, suggesting that the famous Pearl Road was already emerging. A currency was still a novel idea at the time. Previously it was shaped like dolphins, unique in shape, which seems inconvenient. It is interesting that the early Orinese adopted an ingot casting method in the dolphin shape, rather than the traditional round or square coinage of their contemporaries. This shape may also have carried religious significance.
(WIP. First currencies. Pre-decimal. Evolution. Establishment of modern currency. Use in the Empire.)