Pelinese Hana (Pacifica): Difference between revisions

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The '''Pelinese Hana''' ([[Wikipedia:Currency symbol|symbol]]: ◎; [[Wikipedia: ISO 4217|code]]: '''HNA''') is the national [[Wikipedia:Currency|currency]] of the [[Pelinai (Pacifica)|Kingdom of Pelinai]].
The '''Pelinese Hana''' ([[Wikipedia:Currency symbol|symbol]]: ◎; [[Wikipedia: ISO 4217|code]]: '''HNA''') is the national [[Wikipedia:Currency|currency]] of the [[Pelinai (Pacifica)|Kingdom of Pelinai]].


Approximately ◎140,000,000, or int$450 billion, are in circulation or other usage in Pelinai and elsewhere.
Approximately ◎140,000,000, or int$450 billion, exists as physical currency in circulation or other usage in Pelinai and elsewhere; the total currency supply, including electronically recorded currency, is approximately ~◎1.3 trillion.


==Overview==
==Overview==

Revision as of 01:59, 13 July 2023

Pelinese Hana
はな
Currency Code
CodeHNA
Denominations
Subunit
1/100Hanabira
PluralHana
Symbol
Hanabira
Banknotes◎1, ◎2, ◎5, ◎10, ◎20, ◎50, ◎100
Rarely used◎500, ◎1000
Coins1♭, 5♭, 10♭, 25♭, 50♭, ◎1
Rarely used◎25, ◎50, ◎100
Demographics
ReplacedBelogoran Dinar
User(s) Pelinai
Issuance
Central bankReserve Bank of Pelinai
PrinterDirectorate of Printing (under Ministry of the Treasury)
MintPelinese National Mint (under Ministry of the Treasury)
Valuation
Inflation1.3%
Value~INT$3.27 (2022 avg)

The Pelinese Hana (symbol: ◎; code: HNA) is the national currency of the Kingdom of Pelinai.

Approximately ◎140,000,000, or int$450 billion, exists as physical currency in circulation or other usage in Pelinai and elsewhere; the total currency supply, including electronically recorded currency, is approximately ~◎1.3 trillion.

Overview

Etymology

History

Background

Initial instatement

Metallic standard

Switch to fiat

Coins

Coins denominated in the current Pelinese hana have been minted since 1983. Pelinese coinage is normally made primarily of cupronickel and/or aluminium bronze, and comprises approximately 2% of hana-cenominated physical currency.

Pelinese coinage
Face value Mass Diameter Thickness Composition
1 hanabira 3g 90% Cu
10% Al
5 hanabira 5g 90% Cu
10% Ni
10 hanabira 7.5g 90% Cu
10% Ni
25 hanabira 5g 90% Cu
10% Ni
50 hanabira 7.5g 90% Cu
10% Ni
1 hana 15g 90% Cu
10% Al

Collector coins

The Pelinese government mints multiple kinds of commemorative and bullion coins, the latter of which are mostly continuations of coin designs used when its currency was backed by a metallic standard. These include:

  • Pelinese Sakura
    • Silver: ◎1 (15g), ◎5 (75g), ◎10 (150g), ◎20 (300g) silver bullion coins, minted 1984 - present
    • Gold: ◎10 (3g), ◎20 (6g), ◎100 (30g), ◎500 (150g) gold bullion coins, minted 1987 - present
    • Palladium: ◎50 (15g), ◎100 (30g), ◎200 (75g) palladium bullion coins, minted 1987 - 1989, 1994 - present
    • Platinum: ◎20 (3g), ◎50 (7.5g), ◎100 (15g), ◎200 (30g) platinum bullion coins, minted 1987 - present
    • Rhodium: ◎250 (3g), ◎500 (7.5g), ◎2000 (30g) rhodium bullion coins, minted 2011 - present
  • Pelinese commemorative coins
    • Silver 50♭, ◎1 coins minted annually for Victory Day 1984 - present

Proof coinage of standard denominations and containing 40% silver by mass is also produced and sold to coin collectors regularly.

Banknotes

Banknotes are the most commonly used form of physical currency in Pelinai, comprising approximately 98% of the Pelinese physical currency supply. Currently printed denominations of Pelinese banknotes include ◎1, ◎5, ◎10, ◎20, ◎50, ◎100, ◎500, and ◎1000; denominations greater than ◎100 are rare and largely reserved for use by the Pelinese government and financial institutions.

Commodity certificates

In order to provide a practical tool to settle international payments and other transactions without the usage of a common reserve currency, the Pelinese hana possesses a limited supply of commodity-backed certificates. These are normally backed by gold bullion, but silver-denominated certificates also exist.

Monetary policy