Mascyllary Karning
Karning (Hesurian) | |
---|---|
ISO 4217 | |
Unit | |
Plural | Karninger |
Symbol | Ӄ, MKӃ, MӃ |
Nickname | Bluestripes, Mascyllary crowns |
Denominations | |
Subunit | |
1⁄100 | Gehlt |
Plural | |
Gehlt | Gehlter |
Symbol | |
Gehlt | ԍ |
Banknotes | |
Freq. used | 5Ӄ, 10Ӄ, 20Ӄ, 50Ӄ |
Rarely used | 100Ӄ, 500Ӄ, 1000Ӄ, 10000Ӄ |
Coins | |
Freq. used | 10ԍ, 20ԍ, 50ԍ, 1Ӄ, 2Ӄ |
Rarely used | 1ԍ, 2ԍ, 5ԍ |
Demographics | |
User(s) | Mascylla |
Karning (Hesurian) | |
---|---|
ISO 4217 | |
Unit | |
Symbol | Ӄ, MKӃ, MӃ |
Nickname | Bluestripes, Mascyllary crowns |
Denominations | |
Subunit | |
1⁄100 | Gehlt |
Symbol | |
Gehlt | ԍ |
Banknotes | |
Freq. used | 5Ӄ, 10Ӄ, 20Ӄ, 50Ӄ |
Rarely used | 100Ӄ, 500Ӄ, 1000Ӄ, 10000Ӄ |
Coins | |
Freq. used | 10ԍ, 20ԍ, 50ԍ, 1Ӄ, 2Ӄ |
Rarely used | 1ԍ, 2ԍ, 5ԍ |
Demographics | |
Official user(s) | Mascylla |
Unofficial user(s) | Lilienburg[3] Temaria[4] |
Issuance | |
Central bank | Great Bank of Mascylla |
Printer | Printing Service of Mascylla |
Mint | Great Mint of Mascylla |
Valuation | |
Inflation | 1.8% |
The Mascyllary karning (Hesurian: /kɑːrnɪnɡ/ k-AR-n-ee-n-g; plural: Karninger, symbol: Ӄ; ISO code: KN; also abbreviated as MKӃ) is the official currency of Mascylla. Both the ISO code "KN" and currency symbol "Ӄ" are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In other languages, the currency is sometimes referred to as the Mascyllary crown, as karning is a colloquial word meaning "king" in Low Hesurian. One karning is subdivided into 100 Gehlter (singular: Gehlt, symbol: ԍ), the name possibly deriving from Low Hesurianic Gelld meaning "money" in on itself. Altogether, there are eleven denominations of the Karning, with the smallest being the 10 Gehlt coin, which is valued at one tenth of a Karning. Other coins include the 20 and 50 Gehlt and the 1 and 2 Karning coins. The Mascyllary currency is sometimes referred to as bluestripes (Hesurian: Blaustreifen) by foreign exchange traders and financial press abroad due to their appearance.
The Mascyllary karning was the third most traded currency in the foreign exchange market in April 2017. It is also widely used as a reserve currency internationally, and was the single most reserved currency in global reserves, replacing the Lavish lirio after the Great War. The Great Bank of Mascylla is the central bank of the karning, issuing its own banknotes, minting its coins, and generally regulating issuance of banknotes by private banks nationally. Furthermore, the karning is also the de facto official currency in multiple other countries, most notably in Temaria and Lilienburg as being member states of the Telmerian Single Market (TSM).
Banknotes
MascyllaNeo banknote series (2019)
In form of a nationwide public competition in early 2019, the Mascyllary government asked for a possible redesign of the banknote series to fit a more modern aesthetic. After three months and various contributions, graphic designer Alexander Kluft's proposal was declared the winner. Recent debate has been raised on the possible introduction of the new designs as official banknotes, however there has been no significant political motion to implement it thus far.
Image | Value | Dimensions | Main colour | Obverse |
---|---|---|---|---|
5 Karning | 165 mm × 80 mm | Blue and turquoise | Wolfgang Stenreck and Kronenrat building | |
20 Karning | 165 mm × 80 mm | Purple to red | Ernest Rähner and Lukas Brennzer during the X mission |
- ↑ Widely accepted in Lilienburg City, alongside Lilienburger mark.
- ↑ Widely accepted, Telmerian karning interchangable with Mascyllary karning in cantons Nordgassern, Südgassern and Befestesghär.
- ↑ Widely accepted in Lilienburg City, alongside Lilienburger mark.
- ↑ Widely accepted, Telmerian karning interchangable with Mascyllary karning in cantons Nordgassern, Südgassern and Befestesghär.