Hautean Loteng

Template:CurrencyThe Hautean Loteng (sign: ൽ; code: LHE) is the official currency and legal tender of all nations across eee. Within eee, it is almost always abbreviated to its symbol (ൽ). The ൽ symbol precedes the amount. It is subdivided into 100 Teng (ᱭ).

The Hautean Loteng was introduced as Hautite civilisation grew to require a currency. After the plateauing of eee in 748 TT, the Hautean currency system was adopted throughout the whole of eee, and replaced the note-based Siôese Qetirin.

History

The Hautean Loteng was introduced in 1398 TT in dZumiya, to provide a more efficient form of transaction than bartering. Both parties involved in a transaction would present the details to a banker, who would track each party's account balance using small, round rocks.

As the need for a more organised currency system grew, transaction details could be

Usage

Unlike other Attu currencies, the Hautean Loteng has no physical form and is entirely credit-based. Almost all transactions are performed via electronic payment. In areas where electronic payment may not be viable, paper cheques are used as a replacement.