Tag: Currency

Lycene RegionLeave a comment

Unusual Freedemian Freedin Denomination Proposal to be shot down

Imperial Press Agency

Quentinsburgh – A Freedemian Representative Nosh Quimby proposed a bill yesterday to shift the denominations of the Freedin banknotes from a system of 5s to a system of 4s with the goal of ensuring that every smaller bill could fit cleanly into any larger denomination. Currently, the Freedin is broken into banknotes of FƉ1, FƉ5, FƉ10, FƉ25, FƉ50, and FƉ100. The FƉ1 banknote is scheduled to be replaced with an FƉ1 coin with a transition starting in 2023. Quimby’s proposal would move this to FƉ1, FƉ4, FƉ12, FƉ24, FƉ48, and FƉ96, with each banknote retaining the basic design of the … Continue reading Unusual Freedemian Freedin Denomination Proposal to be shot down

Lycene RegionLeave a comment

Barzona’s 25 centimo coin to be pulled out of circulation, along with high-value banknotes

brunant

Carante – The Central Bank of Barzona announced today that the 25 centimo coin will no longer be legal tender after 29 August 2021. In its press statement, the Bank said the production costs of one coin are more than its value, and it decided it is “no longer viable” to continue producing the coins. The brass coin, about 18mm, is only worth 0.01 Unified Standard Dollars as of May 2021. First entering circulation in 1975, its use declined with inflation. In January 2012, there were plans to phase out the centimos entirely by the end of 2025 and issue … Continue reading Barzona’s 25 centimo coin to be pulled out of circulation, along with high-value banknotes