West Miersan grosz
| West Miersan grosz | |
|---|---|
| Grosz zachodniomierski | |
 1 000 groszy banknote | |
| ISO 4217 | |
| Code | MZG |
| Denominations | |
| Subunit | |
| 1/100 | kopyk |
| Plural | There are many ways to construct plurals in Miersan. See the notes below. |
| Symbol | gr |
| kopyk | к |
| Banknotes | |
| Freq. used | 500 gr, 1 000 gr, 2 000 gr, 5 000 gr, 10 000 gr |
| Rarely used | 20 000 gr, 50 000 gr |
| Coins | |
| Freq. used | 10 gr, 20 gr, 50 gr, 100 gr, 200 gr |
| Rarely used | 1 gr, 2 gr, 5 gr |
| Demographics | |
| Date of introduction | 1936 |
| User(s) |  West Miersa |
| Issuance | |
| Central bank | Bank of Miersa |
| Valuation | |
| Inflation | 4.47% |
The West Miersan grosz (Miersan: grosz zachodniomierski), officially known as the Miersan grosz (grosz mierski), is the currency of the Miersan Sotirian Republic. Officially adopted in 1936, it was initially divided into 100 kopyky, but due to rising inflation, the kopyky became obsolete.
It is today produced by the Bank of Miersa, which serves as the central bank for the Miersan Sotirian Republic, with coins and banknotes being produced in both Krada and West Żobrodź. As of 2020, the current exchange rate between the groszy and the euclo is 88.78 groszy for every euclo.
Etymology
The grosz comes from the old TBD groš, which was a type of currency that was the most prominent currency circulating in the Miersan Commonwealth. The name of the groš ultimately stems to the Solarian phrase [denarius] grossus, meaning thick penny.
History
Pre-modern history
The West Miersan grosz could be traced to the currencies of the Three Crowns (Firencja, Wybrzeże, and Zachódnia) in the present-day region of Miersa. Following the unification of the Three Crowns into the Miersan Commonwealth by Romuald the Bold, various currencies circulated across Miersa, with the most prominent being the TBD, which was incredibly prestigious, due to its value.
This led to King TBD creating a Miersan currency called the grosz, with each groszy divided into twelve deniers (denary) in 1367. The grosz would remain the currency of the Miersan Commonwealth, and into the Miersan Republic until the end of the Miersan War of Succession. With present-day West Miersa ending up under the rule of Soravian Empire, it adopted the korol to be the currency of the Miersan Governate, lasting until Eduard Olsov replaced the korol with the Soravian zolota.
Modern history
The Soravian zolota would remain in use in the Miersan Governate until the independence of the Miersan Sotirian Republic in 1936 from Soravia, as per the CN-backed Godfredson Plan. The exchange rate was set at par, with one grosz worth one zolota. Each groszy was divided into 100 kopyky. However, notes and coins only began being produced in 1937, with the release of the first series.
The first series of banknotes depicted Miersan heroes and landscapes, with the values of 1 grosz, 2 grosze, 5 groszy, 10 groszy, 20 groszy, 50 groszy, 100 groszy, and 200 groszy being released, while the first series of coins depicted the incumbent President on the obverse, and the coat of arms on the reverse, with values of 1 kopyk, 2 kopyke, 5 kopyky, 10 kopyky, 20 kopyky, and 50 kopyky.
However, due to growing inflation, by 1949, the 1 kopyk and 2 kopyke coins were withdrawn, while the 1 grosz and 2 grosze notes were abolished in favour of coins, with the reverse depicting the national heroes that used to appear on the obverse of their former notes.
In 1957, a second series of banknotes was introduced, with notes worth 5, 10, 20, 50, 100, 200, 500, 1 000, 2 000, and 5 000 groszy being produced, depicting national heroes on the obverse, but depicting cities, with higher value notes depicting cities in the western voivodeships of Miersa, while lower value notes depicted cities in the eastern voivodeships.
By 1964, the 5 and 10 groszy coins were introduced, with the reverse depicting the skyline of Dynsk, while their equivalent notes, and the 1 kopyk and 2 kopyke coins ceased being produced due to rising inflation. Three years later, the 10 groszy coin was introduced, depicting Romauld the Great on the reverse, while the 5, 10, and 20 kopyky coins were withdrawn from circulation.
In 1977, a third series of banknotes were introduced, with values of 50, 100, 200, 500, 1 000, 2 000, 5 000, and 10 000 groszy were introduced, while a 20 groszy coin was introduced. While the 20 groszy coin depicted the incumbent President on the obverse and the coat of arms on the reverse, the banknotes up to 1 000 groszy depicted all the Presidents of West Miersa, with the 5 000 groszy note depicting all eleven Minister-Presidents at the time on the obverse, and the 10 000 note depicting all the legislators in the National Assembly, while the reverse of all the banknotes depicted the natural geography of West Miersa.
However, the outbreak of the Miersan War led to rapid inflation, especially with the West Miersan government resorting to printing more money to pay its debts. By the end of the war in 1982, the 50 kopyky piece was worthless.
Thus, in 1983, an emergency series of banknotes was produced, with values of 500, 1 000, 2 000, 5 000, 10 000, 20 000, and 50 000 groszy. The obverses and reverses were the same as the third series of banknotes. That year, coins worth 1, 2, 5, 10, 20, 50, 100, and 200 groszy were released, with production of the 50 kopyky piece ceasing. All coins now depicted the incumbent President on the obverse, and the coat of arms on the reverse.
In 1997, the fourth series of banknotes was released, with the values remaining the same from the 1983 emergency series. However, the obverse of the banknotes depicted native fauna, while the obverse depicted native flora. It also substantially improved security features, particularly on the higher-value banknotes.
This series continued until 2017, when the fifth series were introduced. Unlike the preceding series, the banknotes of the fourth series were polymer, with the obverse of the banknotes depicting Presidents of the Miersan Sotirian Republic, while the reverse depicted events in Miersan history.
Banknotes
(TBC)
Coins
(TBC)
Name and plural forms
Officially, the West Miersan grosz is known as the Miersan grosz, as it claims sovereignty over the entirety of the Miersan basin. As the official language of the Miersan Sotirian Republic is Miersan, the plural forms of the West Miersan grosz are based on the Miersan language, with the correct usage demonstrated below:
- 1 grosz/kopyk
- 2...4; 22...24; 32...34 (...), 102...104, 122...124, 132...134, (...) grosze/kopyke
- 5...21; 25...31; 35...41 (...); 95...101; 105...121; 125...131; (...) groszy/kopyky