User:Wulffmark/Sandbox

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FM

The Honourable
Wulffmark/Sandbox
First Minister of Wulffmark
Assumed office
2015
Preceded byn
Personal details
Born (1965-01-30) 30 January 1965 (age 59)
Brunemouth, Wulffmark
NationalityWulffren
Political partyUnion
Alma materBrunemouth University


Wulffren brøsen

Wulffren brøsen
File:50brbanknote.png
Obverse of a 2014 series 50Br note
ISO 4217
CodeWKB
Denominations
Subunit
 ​1100øre
Pluralbrøsor
SymbolBr
 øreø
Nicknamebrøky
Banknotes50Br, 100Br, 200Br
 Rarely used500Br
Coins50ø, 1Br, 2Br, 5Br, 10Br, 20Br
Demographics
Date of introduction1922
User(s)Template:Country data Wulffmark
Issuance
Central bankWulffmarks Sturbank
 Websitesturbank.wk
Valuation
Inflation1.89% (2018)
Pegged withAininian louré (ANL)
Ł1 = 7.23Br

The brøsen (symbol Br, plural brøsor) is the national currency of Wulffmark. Introduced in 1922 to replace the former Wulffren krone, it is formally divided into 100 øre, although only 50ø coins are currently issued. It has been pegged to the Aininian louré at a central rate of 7.23Br since 1988.

Name

Originating from the word brøns (bronze), the name was historically colloquial for the lowest denominated bronze specie of the medieval Wulffren krone and its subunits. Although higher denominations were made from silver, gold and rarely platinum, only the bronze coins were typically seen by commoners making it the most publicly-recognised coin. Use of bronze spiece had ended by the late 17th century when the coins had been heavily debased with copper and other metals, although the phrase remained in common use for low denomination coins, which had retained the brown colouring. In the 18th century, the name was revived for small value deposit certificates.

The official name øre is derived from aurum, the latin for gold, although only early øre coins were minted from that.

History

Economics

Due to the impossible trinity, the Sturbank's targeting of exchange rates prevents it from targeting interest rates. Although capital controls have historically been imposed (as recently as XXXX), the Sturbank has never adopted interest rate targeting. Economists have noted that because of this Wulffren interbank rates have never deviated more than 179bp from Ainian benchmark rates.

Current issue

Coins

Value Front Back
50ø
Value Coat of Arms of Wulffmark
1Br
One chestnut leaf
2Br
Five chestnut leaves
5Br
Chestnut tree
10Br
Reindeer calf
20Br
Reindeer

Notes

Value Front Back Circulation
50Br
Puffins near Brunsshavn Coat of Arms of Wulffmark, Horgaby Castle Wide
100Br
Bear in the Flenswald Coat of Arms of Wulffmark, Carl Hegen Bridge Wide
200Br
Toad in the Skønsmarsk Coat of Arms of Wulffmark, Abüenraa City Hall Wide
500Br
Salmon in the Häfeflod Coat of Arms of Wulffmark, Royal Castle Limited
Republic of Wulffmark
Republikken Wulffmark
Coat of arms
Motto: "Mit Svärd Og Mit Skjild"
"My Sword and My Shield"
Anthem: "Song of Wulffmark"
Capital
and
Brunemouth
Official languagesWulffren
Recognised national languagesWulffren
Recognised regional languagesFrisian
Ethnic groups
(2013)
83.9% Wulffs
7.4% Tynic
8.7% Others
Religion
Church of Wulffmark
Demonym(s)Wulffren
GovernmentUnitary parliamentary republic
• President
Jens Jaalainen
Natascha Løffebrück
LegislatureAssembly of Wulffmark
Population
• 2019 estimate
5,572,791
• 2012 census
5,410,037
GDP (PPP)2018 estimate
• Total
$258bn
• Per capita
$47,689
GDP (nominal)2018 estimate
• Total
$243bn
• Per capita
$44,916
Gini (2018)Positive decrease 29.9
low
HDI (2018)Steady 0.919
very high
CurrencyWulffren brøsen (Br) (WKB)
Driving sideright
Internet TLD.wk