Rossan Argotto

The Rossan argotto (from the Rossan argento for "silver" and otto for "eight") is the official currency of La Rossa. In 654 TT, by decree of Dux Francesco Buonestrotti di Buglio, paper banknotes were introduced with a fixed exchange rate with silver, the dominant currency at the time. The value of a single argotto was standardized at ⅛ of a Rossan ounce, based on the popular practice of cutting one ounce coins into pieces of eight. La Rossan banknotes are issued by Banca Rossa, the central bank of the Republic of La Rossa.

After the pre-Calming Silver Crisis, which started in 1 PC after the exhaustion of silver from the mountains of Montesuvia, a wave of populist governments introduced a number of fiscal and monetary reforms, including the abolishment of the silver standard in the year 16 PC.