The Karolian Korona is the currency of the state of Karolia, divided into 100 kuld. 20 Koroned are called one Loore. It was introduced in modern form in 1928 and banknotes and coins are issued by both the federal bank Kärolias Valamunid Bänk/Banca Federala di Karolia (KVB/BFK) and three state banks. The currency is also used in Meridonia.
The currency symbol is Kr and code KKO, with loore being abbreviated to Lr and kuld as Ku. As of summer 2014, the Korona's exchange rates were stable at approximately 1Kr = UK £0.18; E0.23; US$0.31.
The Korona is the only legal tender currency in Karolia and Meridonia. Different issues are produced by the Karolian Federal Bank, the Kantonas Staatsbaank (Kanton State Bank), Karolias Kiirteribaank (Chartered Bank of Karolia) and the Liidubaank Kyori (State Bank of Kyor). All are accepted for cash payments anywhere in the country.
The Loore is less often used due to being in comparatively high-denomination units, but there are no plans to withdraw the unit and new notes are minted annually. Loored notes are larger in size, have different designs and also indicate their value in Koroned to avoid confusion. KVB and LK are currently the only banks to issue this unit in notes.
The term Korona (crown) is first found in print in a royal edict by the Protector of Paliiso in 1304, who refers to imported goods as being valued "in monies Kooroned" ie the royal coinage. The term seems to have been gradually adopted by other states for their own currencies, although it was not until the sixteenth century that a single currency was used by every Karolian state. The main medieval currency was the Fontjana Loore. Darcodian currency was in use in some eastern states as late as the early nineteenth century, as was the Maria Taler.
The modern Korona divided into 100 kuld was first introduced in 1895, along with the Loore. It was pegged to the gold standard until 1939. Banknotes were introduced in 1912.
- 50 Loored (KVB and LK only)
- 25 Loored (KVB and LK only)
- 10 Loored (KVB and LK only)
- 100 Korone
- 50 Korone
- 25 Korone (KVB only)
- 20 Korone
- 10 Korone
- 5 Korone
- 2 Korone (state banks only)
- 1 Korone (state banks only)
- 5 Korone (LK only)
- 2,5 Korone (KVB only)
- 2 Korone (KVB only)
- 1 Korona (KVB only)
- 50 kuld (KVB, LK and KS only)
- 25 kuld (KVB, LK and KS only)
- 20 kuld (KVB, LK and KS only)
- 10 kuld (KVB, LK and KS only)
- 5 kuld (KVB, LK and KS only)
1 and 2 kuld coins were discontinued in 1998 as they were worth more than the amounts they represented, but any in circulation are still legal tender in perpetuity. Prices today are rounded to the nearest 5 kuld ('Swedish rounding').
The designs of the earliest Korone coins have been the basis for subsequent mintings. Banknotes feature either famous figures from Karolian history, culture and sport, or national landmarks and scenes. In general the banks have agreed to feature different subject matter and use different styling cues whilst keeping to a similar set of colours in order to reduce confusion over the different issues.
KVB issues all denominations higher then 2Kr in banknotes. These notes all bear distinctive fractal designs as backgrounds and feature historical Karolians on korone and natural .
|Denomination||Issued||Obverse image||Reverse image||Figure|
|5Kr||2004||Jän Maasriiäs, historical president|
|10Kr||2006||Toomas Pastoreii, composer|
|20Kr||2011||Lidija Raasmila, poet and mathematician|
|25Kr||2010||Aleksi, eighteenth-century general|
|50Kr||2001||Kalvo II, historical monarch|
|100Kr||2012||Jäna Sipvoo-Liatara, social reformer|
|10Le/200Kr||2008||Silver Moon butterfly|
The design of regular coins features the national coat of arms on the obverse and the amount in numerals and text on the reverse. Special coins have been minted by the KVB to commemorate anniversaries, national events and other points of national interest. Around Kr2 million worth of coins are replaced every year with new mintings.
|25Ku||bronze and silver alloys|
|2,5Kr||gold and silver alloys|
Kantonas Staatsbaank issue
The KSB does not issue coins and therefore not denominations of kuld. 1Kr and 2Kr are minted as banknotes.
Karolias Kiiteribaank issue
The privately-owned KK issue banknotes only and ceased to mint coins in 1984.
|1Kr||Castle of Säntjana|
|5Kr||Old Town of Paliiso|
|20Kr||Rispoo Palace, Osmila|
|50Kr||Fontjäna Old Town|
|100Kr||Monastery of St.Poltan|
Liidubaank Kyori issue
LK was founded before the incorporation of the modern republic and in keeping with the semi-independent nature of the state of Kyor, use somewhat different designs to other banks, including printing the denomination in Kyori as well as Karolian. They are the only bank to issue a 5Kr coin, in addition to the same value as a note.
|20Kr||Valley Sundrop flower|
|10Le/200Kr||Abstract traditional pattern|
|25Le/500Kr||Abstract traditional pattern|
|50Le/1000Kr||Abstract traditional pattern|
Banca va Meridonia only issue coins
|5Ku||nickel-plated copper||Prince Gomassori|
|10Ku||nickel-plated copper||Prince Gomassori|
|20Ku||silver alloy||Prince Gomassori|
|25Ku||bronze and silver alloys||Prince Gomassori|
|50Ku||silver alloy||Prince Gomassori|
|1Kr||bronze alloy||Castle of Masbar|
|2Kr||gold alloy||Alta va'Meridonia mountain|
|Unified Standard Dollar ()||0.34 USD||-0.002 USD||6.71 USD||0.003 USD|
|Gobrassian Dara ()||0.32 GDA||-0.009 GDA||6.38 GDA||0 GDA|
|Commonian Buc ()||3672 BUC||+93 BUC||73433 BUC||37 BUC|
|West Commonian Buc ()||0.27 WCB||-0.007 WCB||5.36 WCB||0 WCB|
|Mecynian Vus ()||1.99 MEV||-0.01 MEV||39.74 MEV||0.02 MEV|
|Rhododactylian Mark ()||0.53 RDM||-0.063 RDM||10.52 RDM||0.01 RDM|
|Khaiwoonese pound ()||0.48 KHP||+0.382 KHP||9.5 KHP||0 KHP|
|Aorangëan Shilling ()||0.2 AOS||-0.039 AOP||3.98 AOS||0.0239 AOP|
|Ardispherian Peso ()||497 PFA||-8.17 PFA||9946 PFA||4.97 PFA|
|Balonese Diamond ()||39.79 BDI||-0.6534 BDI||795.71 BDI||0.398 BDI|
|Arataran Lec ()||16.12 ALL||-0.204 ALL||322.4 ALL||0.16 ALL|