Riamese hull

Riamese hull
Coins of the Riamese hull
ISO 4217
Code	RMH
Denominations
Subunit
​1⁄100	cent
Plural	no plural
cent	cents
Symbol	Ƕ
Banknotes
Freq. used	5Ƕ, 10Ƕ, 20Ƕ, 50Ƕ
Rarely used	100Ƕ
Coins	5c, 10c, 20c, 50c, 1Ƕ
Demographics
Date of introduction	1837 (1837)
Replaced	Riamese pent
User(s)	Riamo
Issuance
Central bank	Federal Monetary Authority
Website	ma.fed.govt.rm
Printer	Federal Government Printing Service
Website	print.govt.rm
Mint	Central Mint of the Riamese Federation
Website	mint.govt.rm
Valuation
Inflation	4.1% (April 2022)

The hull ([hʊl], abbreviation: hl (rarley used); code: RMH), plural hull, is the currency of the Riamese Federation (including its overseas territories and countries). It is divided into 100 cents.

The hull was introduced as part of sweeping currency reforms in the eighteenth century. Due to rapid inflation, the Riamese pent was abolished and replaced with the new hull at a rate of 1 hull to 5 pent. The pent had suffered significant inflation from the 1820s as part of a broader economic and financial crisis.

The hull is also known as the Riamese Federal Hull to distinguish it from the local issue of hull in Freice and Pohnpenesia, which are known as Riamese Hull (Overseas). The Federal Currency Area is the overall name for all countries and territories officially using the hull.

History

The hull was introduced in 1837, replacing the previous currency, the pent, at a rate of 5 hulls = 1 pent. The pent (derived from the five crowns featured on the first coins) was in use since 1449 but suffered significant inflation since the 1820s that significantly reduced the value of the currency.

Coins

2019 Series (Riamo)

Value	Technical parameters			Description
	Diameter	Mass	Composition	Edge	Obverse	Reverse
5 cents	19.75mm	4.1g	Aluminium	Plain	Two fishes facing opposite and two crowns, with year of issue	Value, "Central Mint of the Riamese Federation", "Strength in Unity"
10 cents	21.25mm	3.92g			A bundle of Riamese wild flowers, with year of issue
20 cents	23.25mm	7.5g			Two crossed feather quill pens, with year of issue
50 cents	25.75mm	8.5g	Cupronickel		St. Edmund's Cathedral, with year of issue
1 hull	24.25mm	7.8g	Bronze	Ribbed	Depiction of James Roberts, with quote and lifespan	Value, "Central Mint of the Riamese Federation", "Strength in Unity"

Banknotes

Banknotes of the Riamese hull are produced by the Federal Printing Services on behalf of the Federal Monetary Authority of Riamo. They are issued in the denominations of Ƕ5, Ƕ10, Ƕ20, and Ƕ50. Banknotes were first issued in Riamo in the late eighteenth century by private banks as a form of credit, with production by the government for general circulation beginning in the late nineteenth century. Initially, banknotes were produced in 50c, Ƕ1, and Ƕ5, with denominations changing with the changing value of the currency.

Although Freice uses different coins to the rest of Riamo, banknotes are uniform through Riamese territory.

The most recent series of banknotes were introduced in 2018, and which celebrate Riamo's rich natural and environmental heritage. Each note features depictions of features of the Riamese landscape, along with a number of security features that also utilise this imagery. Watermarks, in particular, follow the theme of "human navigation" in relation to the main designs.

Banknotes of the Riamese hull
Image	Value	Obverse	Reverse	Watermark
[1]	Ƕ5	Queen Diana I	The Queen Diana National Park and Gardens	Gate
[2]	Ƕ10	Queen Diana I	The River Leight	Cuthbert Bridge
[3]	Ƕ20	Queen Diana I	Slate Lake	Old Way
[4]	Ƕ50	Queen Diana I	Sudden Island	Ship