Barra: Difference between revisions
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====Creation==== | ====Creation==== | ||
====1873 Currency Reformation==== | ====1873 Currency Reformation==== | ||
Under Rih _________, the Barra was transitioned to a decimal currency system. Numerous local currencies used in combination with the Barra, mostly left over from the Corinn system, were rendered unusable for tax purposes five year after the Reforms, with a set of 'parts of a Bar' created. Originally, these denominations came in .05, .1, .25, .5, and .75; additionally, coins for 1, 2, 3 and 5 Barrann were minted. | |||
====1911 Republican Reforms==== | ====1911 Republican Reforms==== | ||
After the [[Fhainnin Civil War]], one of the earliest Republican reforms was the reformation of the currency. The previous decimal system had proven slightly complex, so the number of denominations was decreased; .1, .5, 1, and 5-Barrann coins were kept minus their previous royalist filigree. Banknotes were kept in the same arrangement as previous due to the difficulty of switching over. | |||
==Denominations== | ==Denominations== | ||
====Coins==== | ====Coins==== | ||
Revision as of 14:57, 7 August 2022
The Barra (symbol: ฿; code: BAR; plural: Barrann) is the primary legal currency of Faneria. It was established in 1832 after the first Fhainnin Constitution as a replacement for Corinn (Crowns) and as a method of centralizing banking and minting under the monarchy's control. It remained the legal currency throughout the Civil War and to the present day with several modifications, including the addition of a decimal system in 1873 and the alteration of legal denominations in 1911 to alter the denominations printed.
| Barra | |
|---|---|
| Denominations | |
| Subunit | |
| 1⁄10 | Pàirtbarra |
| Plural | Barrann |
| Symbol | ฿ |
| Banknotes | |
| Freq. used | ฿1, ฿5, ฿15, ฿30, ฿60, ฿120 |
| Rarely used | ฿360 |
| Coins | |
| Freq. used | ฿.1; ฿.5; ฿1; ฿5 |
| Rarely used | ฿.05; ฿.25; ฿.75; ฿15 |
| Demographics | |
| Date of introduction | 1832 |
| Official user(s) |  Faneria |
| Unofficial user(s) | Parts of Fiannria Parts of Caergwynn (until 2012) |
| Issuance | |
| Central bank | National Mint Bureau (Office of the Treasury) |
History
Creation
1873 Currency Reformation
Under Rih _________, the Barra was transitioned to a decimal currency system. Numerous local currencies used in combination with the Barra, mostly left over from the Corinn system, were rendered unusable for tax purposes five year after the Reforms, with a set of 'parts of a Bar' created. Originally, these denominations came in .05, .1, .25, .5, and .75; additionally, coins for 1, 2, 3 and 5 Barrann were minted.
1911 Republican Reforms
After the Fhainnin Civil War, one of the earliest Republican reforms was the reformation of the currency. The previous decimal system had proven slightly complex, so the number of denominations was decreased; .1, .5, 1, and 5-Barrann coins were kept minus their previous royalist filigree. Banknotes were kept in the same arrangement as previous due to the difficulty of switching over.
Denominations
Coins
post-1873: .05, .1, .25, .5, .75, 1, 2, 3, 5
post 1911: .1, .5, 1, 5
Coins are available in one Pàirtbarra (1/10th Barra/.10 Barra), five Pàirtbarra (half-Barra), one Barra, and five Barra versions; the Thaler's nickel-equivalent (.05, or half-Pàirtbarra), quarters (two-and-half-Pàirtbarrann), and others (฿.75 and ฿15) were historically made but currently are only collector's items. 5-Barra coins are also increasingly less common. Unusual coins are still legal tender, but people are encouraged to turn them into collectors' items or exchange them for other, newer legal tender.
Notes
1, 2, 3, 5, 6, 10, 12, 15, 20, 25, 30, 50, 60, 90, 120, 150 historically
post 1873: 1, 5, 15, 30, 60, 120
See Also
Office of the Treasury Economy of Faneria
