Red Krone: Difference between revisions

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(Created page with "{{Infobox currency | currency_name = Red Krone | currency_name_in_local = * Fraknic: Couronne Rouge <br/> | iso_code = RKR | iso_number = 392 | plural = Red Kroner | symbol = ¥ | nickname = Benders | frequently_used_banknotes = ¥1,000, ¥5,000, ¥10,000 | rarely_used_banknotes = ¥2,000 | frequently_used_coins = ¥1, ¥5, ¥10, ¥50, ¥100, ¥500 | rarely_used_coins = ¥2, ¥4, ¥6, ¥8 | date_of_introduction = * Federation of the Southern Coast 1920 <br/> * [Other...")
 
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| currency_name = Red Krone
| currency_name = Red Krone
| currency_name_in_local = * Fraknic: Couronne Rouge <br/>
| currency_name_in_local = * Fraknic: Couronne Rouge <br/>
* Norgsveltian: Red Krone <br/>
| iso_code = RKR
| iso_code = RKR
| iso_number = 392
| iso_number = 392

Revision as of 15:47, 19 February 2023

Red Krone
  • Fraknic: Couronne Rouge
  • Norgsveltian: Red Krone
ISO 4217
CodeRKR
Number392
Denominations
PluralRed Kroner
Symbol¥
NicknameBenders
Banknotes
 Freq. used¥1,000, ¥5,000, ¥10,000
 Rarely used¥2,000
Coins
 Freq. used¥1, ¥5, ¥10, ¥50, ¥100, ¥500
 Rarely used¥2, ¥4, ¥6, ¥8
Demographics
Date of introduction
User(s)Federation of the Southern Coast, Nystatiszna, Kuduk, Zemeprievadai, Auravas, Ny’Natrotomi and Ymirland
Issuance
Central bankInterUnion
Printersee § Banknote printing
Mintsee § Coin minting
Valuation
Value1 SHD = 100 KRK

The Red Krone (symbol: ¥; code: RKR) is the official currency of 7 out of the 7 member states of the Red Crown Economic Union (RCEU). The collection of states using the Red Krone known as the InterUnion zone or officially "Red Krone Zone of Use and Acceptance." The divided of a single Red Krone banknote is 100 øre.

The currency is also used officially by the institutions of the Red Crown Economic Union, according to the latest census by members of the RCEU there is currently over 179 million people using the Red Krone as it's primary currency.

The Red Krone originally was used exclusively by the Federation of the Southern Coast until the formation of the Red Crown Economic Union and the adaptation of member states to using the Red Krone. The Red Krone has been frequently used as a reserve by rural and undeveloped nations or nations, such as Helslandr primary through Federation and RCEU aid missions or projects. It has been a used a reserve currency in other more stable and wealthier nations such as Eyjaria.

History

Nickname

Red Krone was nicknamed "Benders" by original users of the currency the Federation of the Southern Coast, primary due to the early history of the currency's coins "bending" in your pocket due to the metal alloy used at the time to produce the coins. Nowadays, the coins are made with a strong metal alloy to prevent bending however the nickname of "Benders" or "Bendies" has historically stuck.