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Riamese hull

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Riamese hull
Hưll 'gi ruŋȧ (Freician)
Coins of the Riamese hull.png
Ɱ2 coin obverse
ISO 4217
CodeRMH
Number229
Exponent2
Denominations
Subunit
 1/100cent
SymbolⱮ, M
 centTBD
Banknotes
 Freq. usedⱮ5, Ɱ10, Ɱ20
 Rarely usedⱮ50
Coins
 Freq. used5, 10, 20, 50, and Ɱ1
 Rarely usedⱮ2
Demographics
User(s)Riamo flag 2.png Riamo
Flag of Freice.png Freice[Note 1]
Issuance
Central bankFederal Monetary Authority of Riamo
 Websitema.fed.govt.rm
PrinterFederal Printing Services
 Websiteprint.govt.rm
MintCentral Mint of the Riamese Federation
 Websitemint.govt.rm
Valuation
Inflation1.5%

The Riamese hull (Freician: Hưll 'gi ruŋȧ) 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

HISTORY

Coins

History

HISTORY

Current circulating coins

Coins are issued in denominations of 5, 10, 20, and 50 cents, as well as 1 hull.

2021 Series
Image Value Technical parameters Description
Obverse Reverse Diameter Mass Composition Edge Obverse Reverse
Riamese 5c coin (obverse).png Riamese 5c coin (reverse).png 5 cents 19.75mm 4.1g Bronze Smooth Two fishes facing opposite and two crowns, with the date (2021). The denomination "5 cents" with the legend "Central Mint of the Riamese Federation" and the motto "Strength in Unity".
Riamese 10c coin (obverse).png Riamese 10c coin (reverse).png 10 cents 21.25mm 3.92g Bronze Smooth A bundle of Riamese wild flowers, with the date (2021). The denomination "10 cents" with the legend "Central Mint of the Riamese Federation" and the motto "Strength in Unity".
Riamese 20c coin (obverse).png Riamese 20c coin (reverse).png 20 cents 23.25mm 7.5g Bronze Smooth Two crossed feather quill pens, with the date (2021). The denomination "20 cents" with the legend "Central Mint of the Riamese Federation" and the motto "Strength in Unity".
Riamese 50c coin (obverse).png Riamese 50c coin (reverse).png 20 cents 25.75mm 8.5g Bronze Smooth The St. Edmund's Cathedral, with the date (2021). The denomination "50 cents" with the legend "Central Mint of the Riamese Federation" and the motto "Strength in Unity".
Riamese M1 coin (obverse).png Riamese M1 coin (reverse).png 20 cents 24.25mm 7.8g Bronze Smooth A portrait of James Roberts, with the quote "Standing in need is the mark of the godly", and his name and lifespan, with the date (2021). The denomination "1 hull" with the legend "Central Mint of the Riamese Federation" and the motto "Strength in Unity".


Banknotes

History

HISTORY

Current circulating banknotes

See also

Notes

  1. Freice is a Republic in Free External Association and is a subject of Riamo. As such, it uses the hull as does all other parts of Riamese territory. However, because of its geographical distance from Riamo proper, the hull in Freice is issued by the Currency Issuing Institute of the Freician government. Although not a separate currency, the responsibility for certain financial matters rests with the Currency Issuing Institute rather than national institutions.

References

External links