Riamese hull

Riamese hull
Hull oe Faio (Freician)
Coins of the Riamese hull.
ISO 4217
Code	RMH
Number	229
Exponent	2
Denominations
Subunit
1/100	cent
Symbol	Ƕ, Ħ, H
cent	c
Banknotes
Freq. used	Ƕ5, Ƕ10, Ƕ20
Rarely used	Ƕ50
Coins
Freq. used	5c, 10c, 20c, 50c, and Ƕ1
Rarely used	Ƕ2
Demographics
User(s)	Riamo Freice
Issuance
Central bank	Federal Monetary Authority of Riamo
Website	ma.fed.govt.rm
Printer	Federal Printing Services
Website	print.govt.rm
Mint	Central Mint of the Riamese Federation
Website	mint.govt.rm
Valuation
Inflation	1.5%

The Riamese hull (Freician: Hull oe Faio) is the official currency of the Riamese Federation (including Freice), issued by the Federal Monetary Authority of Riamo in Riamo proper and the Currency Issuing Institute in Freice. The hull is divided into 100 cents. The name comes from the word 'hol', the historic variant of the Common term 'whole', with 'hull' today therefore literally meaning 'the total [of one hundred cents].'

The history of the hull can be traced back to the establishment of the Kingdom of Riamo in 1251, with the currency established as a way for the king to pay loyal knights and barons. Variations of the currency have been introduced at different points, including a domestic hull for use in Freice (introduced in 1972), with the current hull being formally introduced in 1876, following the abolition of the 'old hull' with decimalisation.

Today, the hull is one of the most traded currencies and has a significant presence within the global economy. The Federal Monetary Authority of Riamo, as the central bank for the hull, therefore plays an important role in the global financial system. Responsibility for issuing the hull is divided between the Federal Monetary Authority (for banknotes) and the Central Mint of the Riamese Federation (for coinage), with the Currency Issuing Institute issuing currency on behalf of these two bodies.

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