Metzettan Won

From IxWiki
Jump to navigation Jump to search

The Metzettan Won (symbol: ₩, code: MZW) is the official currency of The Empire of Metzetta. The monetary subunit of the Won is the Jeon; each Won is divided into 100 Jeon, however the Jeon is never used for everyday transactions, normally only appearing in foreign exchange rates and fuel prices. The currency is issued by The Bank of Metzetta, based in Hanzeong, the country's capital city. The word won means "round," describing the shape of the coin. Coin collecting was once a popular hobby in Metzetta. Special coins are often minted for commemorative purposes.

History

Old Metzettan Won

The original Metzettan currency consisted of round coins with square holes in the centre, issued in denominations of 1, 2, 5, 10, 20, 50, 100, 200, 500 and 1000 Won.

Metzettan Hwan

New Metzettan Won

In 1855, under the orders of Emperor Daeku, the currency of Metzetta underwent a complete overhaul, returning to the name of Won and featuring entirely new designs.

Coins

Current Coins (Series 10)
Image Value Description
Obverse Reverse Diameter Edge Obverse Reverse Year Issued
₩1 17.2mm Plain 2023
₩5 18.0mm Plain 2023
₩10 20.4mm Plain 2023
₩50 22.6mm Reeded 2023
₩100 24.0mm Reeded 2022
₩500 26.5mm Reeded 2022

Banknotes

Current Banknotes (Series 10)
Image Value Description
Obverse Reverse Dimensions Colour Obverse Reverse Year Issued
₩1000 Pink 2023
₩5000 Blue 2022
₩10,000 Purple 2023
₩50,000 Orange 2022
₩100,000 Yellow 2022

Non-Circulating Denominations

Billion-Won notes are produced for internal use by the Bank of Metzetta and for use by foreign banks and governments wishing to hold Metzettan Won as a reserve currency. They are not legal for use in normal transactions such as grocery shopping. The obverse features the value in both digits and Hangul, the Bank of Metzetta's symbol, and a portrait of the current Emperor; the reverse features a portrait of Emperor Daeku, who instituted sweeping currency reforms and a Magnolia branch with blossoms, with the value in digits only. These notes have been green since their introduction.

Currency Production

Only the Bank of Metzetta has the right to mint coins and banknotes in denominations of Won. The notes are printed and the coins struck at The Imperial Mint in Hanzeong, which also produces medals for the Metzettan Honours System. After production, coins and banknotes are shipped to the Bank of Metzetta's headquarters to be stored in their master vault, ready to be delivered to commercial banks when requested.