Niueyjara Krone: Difference between revisions
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fandom>MrMuninn Created page with "== History == Shortly after the assent of Clan Kalifen to the throne the Third Emperor Bjarn Odthinson of Clan Kalifen decreed that all currency would be done with a circular wooden chip. The chips were to be called Krones and could only be produced by the royal family. The design has varied over the years but has almost always been a depiction of either the dragon or the dragon tree on one side and the depiction of the current Emperor on the other to showcase the two fo..." |
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|colspan = 2 style="text-align:center;font-size:140%;"| '''''Niueyjara Krone''''' |
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| colspan = 2 | [[File:Niueyjara Krone v2.png|240px]] |
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|'''Used in''' |
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| [[Niueyjar]] |
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The '''krone''' is the official currency of [[Niueyjar]]. |
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== History == |
== History == |
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The krone was introduced after Bjarn Odthinson of Clan Kalifen standardised Niueyjar's currency into a circular wooden coin. He named these coins ''krone'' and production was entirely overseen by the royal family. The design varies over time but there is usually a depiction of the Dragon or the Dragon Tree on the reverse and the current emperor on the face. These designs showcase the two forms the Dragon takes and acknowledge the use of trees in the production of these coins. |
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The krone is not backed by a commodity, which has led to multiple cases of hyperinflation throughout history. Most recently, a case of hyperinflation resulted in almost 40,000 trees cut down to fuel the mint. Since then, regulations have increased in the production of krones. |
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During Empress Heidr's reign, krones began being made from copper alloy, to preserve the wood supply on the island. Wooden coins are still in circulation and are legal tender. |
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The currency is a form of fiat currency and thus is backed by nothing leading to multiple cases of hyperinflation throughout history. The most recent stint of hyperinflation resulted in almost 40,000 trees being cut down to fuel the mint, since then the process of creating Krones has become more heavily regulated. They also have started using metal for the Krones following that period though many wooden variants are still in circulation |
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[[Category:Economy of Niueyjar]] |
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[[File:Niueyjara Krone.png|thumb|329x329px|A Niueyjara Krone minted under the reign of Empress Heidr Gullveigdaughter of Clan Kalifen ]] |
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[[Category:Currency]] |
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[[Category:Niueyjar pages]] |
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Latest revision as of 16:55, 15 July 2025
| Niueyjara Krone | |
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| Used in | Niueyjar |
The krone is the official currency of Niueyjar.
History
The krone was introduced after Bjarn Odthinson of Clan Kalifen standardised Niueyjar's currency into a circular wooden coin. He named these coins krone and production was entirely overseen by the royal family. The design varies over time but there is usually a depiction of the Dragon or the Dragon Tree on the reverse and the current emperor on the face. These designs showcase the two forms the Dragon takes and acknowledge the use of trees in the production of these coins.
The krone is not backed by a commodity, which has led to multiple cases of hyperinflation throughout history. Most recently, a case of hyperinflation resulted in almost 40,000 trees cut down to fuel the mint. Since then, regulations have increased in the production of krones.
During Empress Heidr's reign, krones began being made from copper alloy, to preserve the wood supply on the island. Wooden coins are still in circulation and are legal tender.