Difference between revisions of "Taraskovyan Frank"
(Thanks to whoever f***ed up the Image Template.) |
|||
(5 intermediate revisions by 3 users not shown) | |||
Line 3: | Line 3: | ||
==History of the Frank== | ==History of the Frank== | ||
− | {{Image|http://img.photobucket.com/albums/v77/Namellar/GDT/TFcopy.png |left|Graphic symbol|The graphic symbol of the Frank | + | {{Image|http://img.photobucket.com/albums/v77/Namellar/GDT/TFcopy.png|left|Graphic symbol|The graphic symbol of the<br> |
+ | Frank is a stylised cyrillic F.}} | ||
+ | The Grand Duchy did not always have a single monetary unit that would be valid on the entirety of its territory. By the reign of Grand Duke Alexey, the Grand Duchy finally settled with a single currency for the High Duchies, which was the kithekh. The Duchies, however, each retained their own currencies, making trade between the core of the Grand Duchy and its autonomous dependencies quite problematic. | ||
Everything changed when Alexey’s wife, Grand Duchess Anastasya Orlova-Shakhovskaya, invited a number of Helvetian bankers to the Grand Duchy in order to conduct a monetary reform and create a single currency. After long negotiations and minor military skirmishes, the Duchies, favourable to the Grand Duchess, and the High Duchies, favourable to the Tal-Nash house, agreed on a single currency. The name was chosen in order to strike a compromise between the Orlovs and the Tal-Nash, and the Frank was born. | Everything changed when Alexey’s wife, Grand Duchess Anastasya Orlova-Shakhovskaya, invited a number of Helvetian bankers to the Grand Duchy in order to conduct a monetary reform and create a single currency. After long negotiations and minor military skirmishes, the Duchies, favourable to the Grand Duchess, and the High Duchies, favourable to the Tal-Nash house, agreed on a single currency. The name was chosen in order to strike a compromise between the Orlovs and the Tal-Nash, and the Frank was born. | ||
Line 9: | Line 11: | ||
==Frank Exchange Rate== | ==Frank Exchange Rate== | ||
− | The '''Taraskovyan Frank''' is free float | + | The '''Taraskovyan Frank''' is free float, even if sometimes the Taraskovyan National Bank tries to influence the rates by changing interest rates, this to best serve the interests of the Taraskovyan economy. As of now, 1TFR is exchanged for approximately 1,5USD. |
[[Category:Tarasovka]] | [[Category:Tarasovka]] | ||
− | + | {{currencies}} |
Latest revision as of 13:15, 2 December 2006
The Taraskovyan Frank ( TFR ) is the currency of the Grand Duchy of Tarasovka, as well as of the various territories under its jurisdiction. It is renowned for being a stable currency that managed to retain its value during the Plague and the Time of Troubles.
History of the Frank
</div>The Grand Duchy did not always have a single monetary unit that would be valid on the entirety of its territory. By the reign of Grand Duke Alexey, the Grand Duchy finally settled with a single currency for the High Duchies, which was the kithekh. The Duchies, however, each retained their own currencies, making trade between the core of the Grand Duchy and its autonomous dependencies quite problematic.
Everything changed when Alexey’s wife, Grand Duchess Anastasya Orlova-Shakhovskaya, invited a number of Helvetian bankers to the Grand Duchy in order to conduct a monetary reform and create a single currency. After long negotiations and minor military skirmishes, the Duchies, favourable to the Grand Duchess, and the High Duchies, favourable to the Tal-Nash house, agreed on a single currency. The name was chosen in order to strike a compromise between the Orlovs and the Tal-Nash, and the Frank was born.
Frank Exchange Rate
The Taraskovyan Frank is free float, even if sometimes the Taraskovyan National Bank tries to influence the rates by changing interest rates, this to best serve the interests of the Taraskovyan economy. As of now, 1TFR is exchanged for approximately 1,5USD.