Brillian Florrin: Difference between revisions
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{{Infobox currency | {{Infobox currency | ||
| currency_name_in_local = Florrin ({{wp|Basque language|Brillian language}})<br>Florin ({{wp|Hungarian language|Iparinan language}}) | | currency_name_in_local = Florrin ({{wp|Basque language|Brillian language}})<br>Florin ({{wp|Hungarian language|Iparinan language}}) | ||
| Line 4: | Line 5: | ||
| image_title_1 = | | image_title_1 = | ||
| alt1 = | | alt1 = | ||
| iso_code = | | iso_code = EBF | ||
| issuing_authority = | | issuing_authority = Federal Monetary Authority of Brilliania | ||
| issuing_authority_website = | | issuing_authority_website = | ||
| date_of_introduction = 1983 | | date_of_introduction = 1983 | ||
| date_of_introduction_source = | | date_of_introduction_source = | ||
| using_countries = Brilliania | | using_countries = Brilliania | ||
| inflation_rate = | | inflation_rate = 1.8% | ||
| inflation_source_date = 2018 est. | | inflation_source_date = 2018 est. | ||
| subunit_ratio_1 = | | subunit_ratio_1 = 1/100 | ||
| subunit_name_1 = | | subunit_name_1 = Motxu | ||
| symbol = Fl | | symbol = Fl | ||
| symbol_subunit_1 = | | symbol_subunit_1 = | ||
| nickname = | | nickname = | ||
| nickname_subunit_1 = | | nickname_subunit_1 = | ||
| Line 21: | Line 22: | ||
| pegged_with = | | pegged_with = | ||
| plural_subunit_1 = | | plural_subunit_1 = | ||
| frequently_used_coins = 10 Fl, 20 Fl, 50 Fl, | | frequently_used_coins = 0,10 Fl, 0,20 Fl, 0,50 Fl, 1 Fl, 2 Fl, 5 Fl | ||
| rarely_used_coins = | | rarely_used_coins = 0,05 Fl<ref>The 5 Motxu coin has not been minted since 2017 due to production costs, but usage is legal and 5 Florrin coins are given as change in smaller shops. Currency deposit machines still accept 5 Motxu coins.</ref> | ||
| frequently_used_banknotes = | | frequently_used_banknotes = 10 Fl, 20 Fl, 50 Fl, 100 Fl, 200 Fl, 500 Fl | ||
| rarely_used_banknotes = | | rarely_used_banknotes = 5 Fl<ref>The 5Florrin banknote was replaced by a coin in 2009 due to a lack of usage. Currency deposit machines still accept 5 Florrin banknotes but payments using it are not allowed anymore. </ref> | ||
}} | }} | ||
The '''Brillian Florrin''' (sign: '''Fl''', code: ''' | The '''Brillian Florrin''' (sign: '''Fl''', code: '''EBF''') is the official currency used in Brilliania since 1983. It is subdivided into 100 motxu. The reintroduction of the Florrin in 1900 after hyperinflation caused by recovery from the [[Great War (Aeia)|Great War]] was a crucial step in revitalizing the Brillian economy. The transition from communism to democracy harmed the Florrin, but inflation was halted in 1983 by the Ivarrarte Plan. The Florrin is free-floating and not pegged by any foreign currency unit. | ||
==History== | ==History== | ||
- currency named after old Fiorentine coin unit "Florinum"<br> | - currency named after old Fiorentine coin unit "Florinum"<br> | ||
- not!pengő called Koroa<br> | - not!pengő called Koroa<br> | ||
The Florrin was reintroduced again in | The Florrin was reintroduced again in 1980, replacing the ASU currency<!-- ruble? -->, with the first banknotes consisting of emergency issues made from unused book paper. The transition from a communist planned economy to a free market economy and high levels of forgery harmed the currency at first, with inflation rates peaking at 40% in 1982. The successful issue of the 10-point Ivarrarte plan in 1981, which dismantled the communist economy, relaxed currency control, cancelled Tesana and Meonde foreign exchange certificates and provided necessary {{wp|Shock therapy (economics)|economic shock therapy}} managed to halt the inflation. | ||
==Currency restrictions== | ==Currency restrictions== | ||
It is illegal to export Brillian Florrin coins and banknotes. Tourists are mandated to exchange back to their own currency before leaving. There is a fine of | It is illegal to export Brillian Florrin coins and banknotes. Tourists are mandated to exchange back to their own currency before leaving. There is a fine of 3.000 Fl (in the tourist's local currency) if a tourist gets apprehended for trying to export Brillian currency. Special currency sets are available for numismatic purposes, which the MAF sells at limited amounts each year. | ||
Most establishments in large often accept foreign currencies, although exchange rates may be inflated when paying in foreign currency or a "foreign currency service charge" of around 10% may be added to the bill. | |||
==Coins and banknotes== | ==Coins and banknotes== | ||
The current series of banknotes were introduced in 2018 as part of a rebranding of governmental offices. All banknotes use low-poly designs and the Federale font which is the official font of the Government. The banknotes have around 10 to 16 features to prevent fraud and make them more accessible for visually impared people. | |||
{| class="wikitable" style="font-size: 90%" data-ve-attributes="{"style":"font-size: 90%"}" | {| class="wikitable" style="font-size: 90%" data-ve-attributes="{"style":"font-size: 90%"}" | ||
! colspan="6" |Current Series | ! colspan="6" |Current Series | ||
| Line 55: | Line 54: | ||
| | | | ||
| | | | ||
| | |10 Florrin | ||
| | |Red | ||
| | | | ||
| | | | ||
|- | |- | ||
| | | | ||
| | | | ||
| | |20 Florrin | ||
|Yellow | |Yellow | ||
| | | | ||
| | | | ||
|- | |- | ||
| | | | ||
| | | | ||
| | |50 Florrin | ||
| | |Light grey | ||
| | | | ||
| | | | ||
|- | |- | ||
| | | | ||
| | | | ||
| | |100 Florrin | ||
| | |Blue | ||
| | | | ||
| | | | ||
|- | |- | ||
| | | | ||
| | | | ||
| | |200 Florrin | ||
|Purple | |Purple | ||
| | | | ||
| | | | ||
|} | |} | ||
Revision as of 19:31, 22 August 2019
 | This article is incomplete because it is pending further input from participants, or it is a work-in-progress by one author. Please comment on this article's talk page to share your input, comments and questions. Note: To contribute to this article, you may need to seek help from the author(s) of this page. |
| Brillian Florrin | |
|---|---|
| Florrin (Brillian language) Florin (Iparinan language) | |
| ISO 4217 | |
| Code | EBF |
| Denominations | |
| Subunit | |
| 1/100 | Motxu |
| Symbol | Fl |
| Banknotes | |
| Freq. used | 10 Fl, 20 Fl, 50 Fl, 100 Fl, 200 Fl, 500 Fl |
| Rarely used | 5 Fl[1] |
| Coins | |
| Freq. used | 0,10 Fl, 0,20 Fl, 0,50 Fl, 1 Fl, 2 Fl, 5 Fl |
| Rarely used | 0,05 Fl[2] |
| Demographics | |
| Date of introduction | 1983 |
| User(s) | Brilliania |
| Issuance | |
| Central bank | Federal Monetary Authority of Brilliania |
| Valuation | |
| Inflation | 1.8% |
| Source | 2018 est. |
The Brillian Florrin (sign: Fl, code: EBF) is the official currency used in Brilliania since 1983. It is subdivided into 100 motxu. The reintroduction of the Florrin in 1900 after hyperinflation caused by recovery from the Great War was a crucial step in revitalizing the Brillian economy. The transition from communism to democracy harmed the Florrin, but inflation was halted in 1983 by the Ivarrarte Plan. The Florrin is free-floating and not pegged by any foreign currency unit.
History
- currency named after old Fiorentine coin unit "Florinum"
- not!pengő called Koroa
The Florrin was reintroduced again in 1980, replacing the ASU currency, with the first banknotes consisting of emergency issues made from unused book paper. The transition from a communist planned economy to a free market economy and high levels of forgery harmed the currency at first, with inflation rates peaking at 40% in 1982. The successful issue of the 10-point Ivarrarte plan in 1981, which dismantled the communist economy, relaxed currency control, cancelled Tesana and Meonde foreign exchange certificates and provided necessary economic shock therapy managed to halt the inflation.
Currency restrictions
It is illegal to export Brillian Florrin coins and banknotes. Tourists are mandated to exchange back to their own currency before leaving. There is a fine of 3.000 Fl (in the tourist's local currency) if a tourist gets apprehended for trying to export Brillian currency. Special currency sets are available for numismatic purposes, which the MAF sells at limited amounts each year.
Most establishments in large often accept foreign currencies, although exchange rates may be inflated when paying in foreign currency or a "foreign currency service charge" of around 10% may be added to the bill.
Coins and banknotes
The current series of banknotes were introduced in 2018 as part of a rebranding of governmental offices. All banknotes use low-poly designs and the Federale font which is the official font of the Government. The banknotes have around 10 to 16 features to prevent fraud and make them more accessible for visually impared people.
| Current Series | |||||
|---|---|---|---|---|---|
| Image | Value | Main Colour | Description | ||
| Obverse | Reverse | Obverse | Reverse | ||
| 10 Florrin | Red | ||||
| 20 Florrin | Yellow | ||||
| 50 Florrin | Light grey | ||||
| 100 Florrin | Blue | ||||
| 200 Florrin | Purple | ||||
- ↑ The 5Florrin banknote was replaced by a coin in 2009 due to a lack of usage. Currency deposit machines still accept 5 Florrin banknotes but payments using it are not allowed anymore.
- ↑ The 5 Motxu coin has not been minted since 2017 due to production costs, but usage is legal and 5 Florrin coins are given as change in smaller shops. Currency deposit machines still accept 5 Motxu coins.