Kirib: Difference between revisions
Added physical currency
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=== Pan-Auroran era ===
The KMU's member states and their successors held a meeting in [[Sani Bursil]] in which the Bank of Staynes ceded control to the newly established [[Auroran Central Bank]] that would sit in that city. This body was an international organisation that controlled the kirib and represented all member states. To prevent the transition from causing turmoil, the ACB regulated the value of the new kirib. This era has lasted to the present day. This era saw many changes to the kirib. The [[Ethalria (Republic)|Republic of Ethalria]] and the [[Ethalria (Matriarchy)|Matriarchy of Ethalria]] joined the kirib in 1975 as the [[Grand Matriarchy of Ethalria]] was dissolved. When [[Salovia]] dissolved in 2005 following the [[Salovian Civil War]], [[Tuvaltastan]], [[Tivot]], [[Blueacia]], [[Kostromastan]], and [[Baykalia]] adopted the kirib. The Oan Isles joined in 2017 when it joined the [[United Nations of the Auroran Continent]] and abandoned its own currency, the Oan tara. Following fears that the Matriarchy of Ethalria would attack Sani Bursil during the [[Auroran-Pacific War]], the KMU agreed to move the Auroran Central Bank to [[Tivot]]. In light of the divisions sowed by the war and a desire to reunite the continent, Great Morstaybishlia renounced its right to the ACB and the KMU voted to keep it in Tivot where it moved to a specially built skyscraper. When the Ethalrian nations collapsed following the end of the APW, [[Faethalria]], [[Vothetria]], [[Thalria]], [[Kothalria]], [[Durentrus]] and [[Sarentria]] joined the kirib, while [[Asilica]] stayed out and used its own currency. When [[Kostoria-Obertonia]] was annexed by Faethalria that area used the kirib under Faethalria. When Kostromastan collapsed, [[Nolova]] joined the KMU while [[Volova]] continues to use the kirib unofficially. The part of Kostromastan that was absorbed by Tuvaltastan was represented by that nation. Following the unification of Vothetria and Kothalria in 2021, the [[North Ethalrian Confederacy]] adopted the kirib.
== Physical currency ==
=== Banknotes ===
All banknotes have one standard design and they are legal tender throughout the Kirib Monetary Union. The 500 kirib banknote has gained criticism for being too large, being both an inconvenience to small institutions as well as enabling money laundering. Some nations have banned the notes altogether and require travelers to convert them to smaller notes and coins or deposit them into their accounts before entering their territory. No commemorative banknotes may be issued but a valueless 0 kirib note may be issued for numismatic purposes and to allow member states to have commemorative banknote designs. Banknotes are produced by the Staynish Banknote Company, as follows:
{| class="wikitable"
|+List of banknotes of the kirib
!Denomination
!Dominant Color
!Obverse Image
!Obverse Design
!Reverse Image
!Reverse Design
!Security features
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|5 KRB
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|10 KRB
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|20 KRB
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|50 KRB
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|100 KRB
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|200 KRB
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|500 KRB
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=== Coins ===
Each country has its own reverse design although all coins, regardless of the country design on the back, are legal tender throughout the Kirib Monetary Union. Countries can also request limited edition commemorative designs. Coins are produced by the Royal Staynish Mint as follows:
{| class="wikitable"
|+List of coins of the kirib
!Denomination
!Metal color
!Obverse Image
!Obverse Design
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|2 KRB
|Silver and gold
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|1 KRB
|Silver
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|50 albon
|Gold
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|20 albon
|Gold
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|10 albon
|Gold
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|5 albon
|Bronze
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|2 albon
|Bronze
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|1 albon
|Bronze
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==Governance ==
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