Metzettan Won
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
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
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.