Taler and Talerzone: Difference between pages

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{{Infobox currency
The '''Talerzone''', officially called the '''Taler Area''', is a monetary union of the fifteen [[Levantine Union]] (LU) member states which have adopted the [[Taler]] (₮) as their common currency and sole legal tender. The monetary authority of the Talerzone is the Levantine Union Market and Currency Authority. The Talerzone additionally extends to non-Levantine Union members, including those members of the [[Nysdra Sea Treaty Association]].
| currency_name_in_local = Dollarium ({{wp|Ecclesiastical Latin|Latin}})<br />Thaler ({{wp|English|Aenglish}})<br />Noler ({{wp|Gallic|Fhasen}})
 
| image_1 =
[[File:Talerzone.png|800px|thumb|right|A map of countries that use the Taler as legal tender. The darker blue in Levantia is contiguous with the [[Levantine Union]]. For clarity, Urcean colonies in [[Crona]] are colored the same as the metropole, though they are associated with the Nysdra Currency Area. Other nations in dull blue allow the use of the Taler in conjunction with local currency or have their currency's value tied to that of the Taler.]]
| image_title_1 =
| alt1 =
| iso_code = LUT
| issuing_authority =
| issuing_authority_website =
| date_of_introduction = April 1st, 1343
| date_of_introduction_source =
| using_countries =
| inflation_rate =
| inflation_source_date = ''[https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook]'', 2010 est.
| subunit_ratio_1 = 1/100
| subunit_name_1 = Cent
| symbol = ₮
| symbol_subunit_1 = ¢
| nickname = Dollar
| nickname_subunit_1 =
| plural = Talers
| plural_subunit_1 = Cents
| frequently_used_coins =
| rarely_used_coins =
| frequently_used_banknotes =
| rarely_used_banknotes =
}}
The '''Taler''' (symbol: '''₮'''; ISO code: '''LUT''' for Levantine Union Taler), sometimes known as the '''dollar''', the '''thaler''', and officially as the '''Levantine Taler''', is the official currency of the [[Levantine Union]]. It is subdivided into 100 ''pence'' (singular: ''penny''). At various times, the taler was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The taler is one the world's oldest currency still in use and which has been in continuous use since its inception. It is in use throughout the [[Talerzone|talerzone]].
==History==
==History==
The taler began its history as one of many types of coins issued in the medieval [[Holy Levantine Empire]]. The medieval Empire did not use a standardized system of currency, and instead relied on the issuance of precious metal weight-based coins as a unit of exchange, like many other premodern societies. The vassal rulers of the Empire retained the right to mint their own coins, leading to a confusing system of currency within the Empire by the mid-14th century, especially as the vassals had a tendency to debase their own currency. The taler was introduced by the Emperor [[List_of_Emperors_of_the_Levantines#XXX_Dynasty_3|Uc II]] in [[1343]] as part of a reform effort. The taler was a large silver coin, a rather innovative development in the history of Levantine currency. The new Imperial coin became extremely popular due to its reliable value and due to the number of silver mines within the Empire, becoming the main instrument of trade in the Empire by the 15th century. It was standardized in [[1505]] following the issuance of the Imperial Minting Ordinance, which limited the ability of the vassals to mint their own coins and required all coinage minted in the Empire to be a division of the taler or equal to a number of talers. The Ordinance had the practical effect of making the taler the base currency throughout the Empire, and by 1600 it was understood to be the main currency of the Empire, although it was never officially designated as such.
Some background history of the talerzone, when was it agreed to, who were the original signatories, economic conditions that made it attractive or necessary, negotiations process, obstacles to implementation and expansion, where are the headquarters of the monetary union, is there a chief banker guy
 
==Talerzone Member Roster==
Several banks were responsible for the issuance and minting of talers by 1800, including the [[Royal Bank of Urcea]], which gradually became the most prominent institution associated with the Taler. The first Taler banknotes were issued in [[1811]]. With the dissolution of the Empire in [[1935]], most users of the currency adopted national currency laws designating it, or an equivalent, as their national currency. These provisions were superseded with the establishment of the [[Levantine Union]], which designated the Taler its official currency. In [[1954]], the Market and Currency Authority of the Levantine Union was established to govern the Taler.
{| class="wikitable"
 
|+
==Market and Currency Authority of the Levantine Union==
!Nation Name
==Bills==
! Region
 
!Talerzone Status
The Taler bills, issued in denominations of 1, 5, 10, 20, 50, and 100, each display elements related to different members of the [[Levantine Union]]. Typically, the obverse shows an iconic structure associated with the nation being represented while the reverse depicts a founding figure of the nation. [[Burgundie]]'s represented bill - the 20 Taler note - breaks convention by showing ships on the open sea (an homage to its thalassocratic posture) on the obverse and a national romantic personification on the reverse. Although the specific artwork and design is chosen by the Levantine Union Currency Authority, the specific items to be depicted are established by official acts of the member governments of the Union.
|-
 
|[[Urcea]]
{| class="wikitable" style="text-align:center; width:60%"
|Levantine Currency Area
! width="20%" |Obverse!! width="60px" |Reverse!! |Country or Place Represented!! |Symbols and Figures
|Full Member
|-
|[[Fiannria]]
|Levantine Currency Area
| Full Member
|-
|[[Burgundie]]
|Levantine Currency Area
|Full Member
|-
|[[Yonderre]]
|Levantine Currency Area
|Full Member
|-
|[[Vorenia]]
|Levantine Currency Area
|Full Member
|-
|[[Loreseia]]
|Levantine Currency Area
|Full Member
|-
|[[Allaria]]
|Levantine Currency Area
|Full Member
|-
|[[Verecundia]]
|Levantine Currency Area
|Full Member
|-
|[[Kronenia]]
|Levantine Currency Area
|Full Member
|-
|[[Orclenia]]
|Levantine Currency Area
|Full Member
|-
|[[Hollona and Diorisia]]
|Levantine Currency Area
|Full Member
|-
|[[Corcra]]
|Levantine Currency Area
|Full Member
|-
|-
|[[File:1obv.png|350px]]||[[File:1rev.png|350px]]||[[Fiannria]]||[[Old Brídhavn Tyn Hall]] <small>(Obverse)</small><br/>[[St. Bridget the Martyr]] <small>(Reverse)</small>
|[[Anglei]]
|Levantine Currency Area
|Full Member
|-
|-
|[[File:5 obverse.png|350px]]||[[File:5 reverse.png|350px]]||[[Yonderre]]||[[Collinebourg Palace]] <small>(Obverse)</small><br/>[[Joanus de Martigueux]] <small>(Reverse)</small>
|[[Vinesia]]
|Levantine Currency Area
|Full Member
|-
|-
|[[File:10obv.png|350px]]||[[File:10rev.png|350px]]||[[Rhotia]] and [[Lapody]]||Imperial Palace <small>(Obverse)</small><br/>[[Conchobar I, Emperor of the Levantines]] <small>(Reverse)</small>
|[[New Harren]]
|Nysdra Currency Area
|Full Member
|-
|-
|[[File:20obv.png|350px]]||[[File:20rev.png|350px]]||[[Burgundie]]||16th and 17th century [[Burgundie|Southern Deric]] trade ships <small>(Obverse)</small><br/>Marin-Estelle, personification of Burgundie <small>(Reverse)</small>
|Quetzenkel
|Nysdra Currency Area
|Full Member
|-
|-
|[[File:50obver.png|350px]]||[[File:50_reverse.png|350px]]||[[Urcea]]||[[Castle Welute]] <small>(Obverse)</small><br/>[[Gaius Julius Cicurinus|Saint Julius of the Caeline]]<small> (Reverse)</small>
|Unnuaq Mission State
|Nysdra Currency Area
|Full Member
|-
|-
|[[File:100obv.png|350px]]||[[File:100 reverse.png|350px]]||[[Anglei]]||[[Anglasweorc]] <small>(Obverse)</small><br/>[[Anglei#Marcher_period|Margrave Edmund I]]<small>(Reverse)</small>
|Housatonic
|}
|Nysdra Currency Area
==Pegged currencies==
|Full Member
Currently, there are several currencies {{wpl|Fixed currency|pegged}} to the taler, some with fluctuation bands around a central rate and others with no fluctuations allowed around the central rate. This can be seen as a safety measure, especially for currencies of areas with weak economies. The taler is seen as a stable currency, i.e., there are no dramatic appreciations or depreciations of its value that might suddenly damage the economy or harm trade. Thus it provides security to traders and people holding that currency.
 
{| class="wikitable sortable"  style="text-align:center; font-size:90%"
|-
|-
! class="unsortable"| State
|[[Pachaug]]
! Pop. !! Area (km<sup>2</sup>) !! Code !! National currency !! Central rate
|Nysdra Currency Area
! Pegged since !! Fluctua&shy;tion band !! Formerly pegged to
|Full Member
|-
|-
| {{flag|Kandara}}<br>{{flag|Peshabiwar}}<br>{{flag|Tapakdore}}<br>{{flag|Pukhgundi}}
|[[Copake]]
| style="text-align:right"| TBD
|Nysdra Currency Area
| style="text-align:right"| TBD
|Full Member
| CMS ƒ || Common Middle Sea Florin
| 655.957 || <span style="display:none">1943</span>1 January [[1943]]
| 0.00% || Colonial Florin of the Duchy of Bourgondi<br> Burgoignesc Taler ([[1935]]-[[1942]])
|-
|-
| {{flag|Pursat}}
|[[Faneria]]
| style="text-align:right"| TBD
|Levantine Currency Area
| style="text-align:right"| TBD
|Taler as Alternative Currency
| P₮|| Pursatni Taler
| 84.73 || <span style="display:none">1943</span>1 January [[1976]]
| 7.74% || Colonial Martillien Ducat <br> Burgoignesc Taler ([[1935]]-[[1975]])
|}
|}
[[Category: Levantia]]
==Territory==
[[Category: Urcea]]
===Levantine Currency Area===
The Levantine Currency Area incorporates all LU member states except for _________. In addition, several Levantine states allow partial use or co-use of the Taler in transactions.
===Nysdra Currency Area===
The NCA is congruent with the aforementioned [[Nysdra Sea Treaty Association|NSTA]].
===Abroad===
==Levantine Union Market and Currency Authority==
==See Also==
[[Category: Levantine Union]]
[[Category: Levantine Union]]
[[Category: Burgundie]]
[[Category: Currency]]
[[Category:Yonderre]]
[[Category: IXWB]]
[[Category:Currency]]
[[Category:IXWB]]
[[Category: Canonical Article]]
[[Category:Economy of Burgundie]]
[[Category:Rhotia]]
[[Category:Lapody]]

Latest revision as of 12:02, 21 September 2023

The Talerzone, officially called the Taler Area, is a monetary union of the fifteen Levantine Union (LU) member states which have adopted the Taler (₮) as their common currency and sole legal tender. The monetary authority of the Talerzone is the Levantine Union Market and Currency Authority. The Talerzone additionally extends to non-Levantine Union members, including those members of the Nysdra Sea Treaty Association.

A map of countries that use the Taler as legal tender. The darker blue in Levantia is contiguous with the Levantine Union. For clarity, Urcean colonies in Crona are colored the same as the metropole, though they are associated with the Nysdra Currency Area. Other nations in dull blue allow the use of the Taler in conjunction with local currency or have their currency's value tied to that of the Taler.

History

Some background history of the talerzone, when was it agreed to, who were the original signatories, economic conditions that made it attractive or necessary, negotiations process, obstacles to implementation and expansion, where are the headquarters of the monetary union, is there a chief banker guy

Talerzone Member Roster

Nation Name Region Talerzone Status
Urcea Levantine Currency Area Full Member
Fiannria Levantine Currency Area Full Member
Burgundie Levantine Currency Area Full Member
Yonderre Levantine Currency Area Full Member
Vorenia Levantine Currency Area Full Member
Loreseia Levantine Currency Area Full Member
Allaria Levantine Currency Area Full Member
Verecundia Levantine Currency Area Full Member
Kronenia Levantine Currency Area Full Member
Orclenia Levantine Currency Area Full Member
Hollona and Diorisia Levantine Currency Area Full Member
Corcra Levantine Currency Area Full Member
Anglei Levantine Currency Area Full Member
Vinesia Levantine Currency Area Full Member
New Harren Nysdra Currency Area Full Member
Quetzenkel Nysdra Currency Area Full Member
Unnuaq Mission State Nysdra Currency Area Full Member
Housatonic Nysdra Currency Area Full Member
Pachaug Nysdra Currency Area Full Member
Copake Nysdra Currency Area Full Member
Faneria Levantine Currency Area Taler as Alternative Currency

Territory

Levantine Currency Area

The Levantine Currency Area incorporates all LU member states except for _________. In addition, several Levantine states allow partial use or co-use of the Taler in transactions.

Nysdra Currency Area

The NCA is congruent with the aforementioned NSTA.

Abroad

Levantine Union Market and Currency Authority

See Also