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A Guide to Gishaverse Monetary Systems

Summary:

The people of the Grishaverse need a way to buy, sell, and trade goods and services, and they say that money makes the world go round. This work fills in the gaps.

Monetary systems included for the following countries/regions:

  • Ravka
  • Fjerda
  • Shu Han
  • Kerch
  • The Wandering Isle
  • Novyi Zem

Notes:

This work is brought to you by PresidentHades via the Darklina Discord server.

Please see the end notes for disclaimers.

Page last updated: 23 June 2021

(See the end of the work for more notes.)

Work Text:

Ravka

Official Currency: ruble (singular) | rubles (plural)

  • Ravka's economy supports a mostly-coin monetary system where each coin is carefully measured according to a certain amount of gold, silver, and copper.
  • The coin system is slowly being replaced by a paper system but is not super effective outside of major cities.
  • The paper money in circulation has the tsar's face printed on it.
  • A ruble is valued less than a kruga.
  • The Lantsov royal family is definitely skimming off the state income from war tariffs and taxes; they are also one hundred percent ignoring the aforementioned tariffs and taxes when they buy foreign goods for their own personal use.

 

Fjerda

Official Currency: kryd (singular) | krydda (plural)

  • The Fjerdan kryd consists of the symbol of the god Djel printed on a thick, rough piece of material that is known for withstanding the country's harsher climates.
  • Since Fjerda is relatively insular from other nations, the exchange rate of the kryd in terms of other currencies fluctuates drastically; the notable influences on the going rate include fishing and whaling productivity and the current season.
  • The Hedjut people of the northern region in Fjerda are significantly remote; therefore, their local economy mostly relies on a traditional bartering system.

 

Shu Han

Official Currency: yuan (singular, plural)

  • The yuan of the Shu Han region is comprised of either copper, silver, or gold and is known for its distinctive hole in the center, designed to be conveniently strung together with other yuan into a neat stack.
  • Most daily transactions are completed using the copper yuan, but many noble families have their own personal stocks of silver yuan. Most of the country's gold sits in the Shu imperial vault.
  • Historically, travelers usually used a form of letters of credit or government-certified identity to receive funds when they were not in their hometowns; this system evolved into the first form of paper currency, but the average person will never need to use anything more than the standard copper yuan in their entire life.
  • Shu merchants who leave the country to establish business elsewhere have the option of applying for a government loan, but they are required to honor the aforementioned letters of credit or government-certified identification forms.

 

Kerch

Official Currency: kruga (singular) | kruge (plural)

  • Apparently, the going rate for a Sun Summoner is one million kruge.
  • Due to Kerch's government being an oligarchy, the country's economic system is the most sophisticated in the entire Grishaverse, and it includes the following elements:
    • Stock options for domestic and foreign businesses and industries
    • Corporations that count as legal entities with the right to vote
    • Complicated loan structures and interest rates
    • The Bank of Ketterdam (is owed millions of kruge by the Ravkan government)
    • Pricing that is based on inflation rates
    • Taxes on income and sales (easily circumvented but only by those that can afford it)
  • The kruga is probably the highest valued currency on the world market.
  • The Southern Colonies also utilize kruge.
  • There was a grain speculation bubble that exploded and destroyed the traditional Kerch agrarian economy, but it paved the way for the country's oligarchs to buy up shares of almost every economic body for pennies. This economic phenomenon led to the current Kerch oligarchy.

 

The Wandering Isle

Official Currency: none

  • Since the Wandering Isle's society is not centralized, they do not have a national currency.
  • Their economic bartering system relies on the relative value and availability of the various precious gems and metals found throughout the region.

 

Novyi Zem

Official Currency: zemi (singular) | zemis (plural)

  • A zemi, when officially printed, is a coin that is known for its bulletproof quality.
  • Urban port cities in Novyi Zem utilize the central currency, but frontier towns often have economies that are a mix of currency and bartering.
  • Novyi Zem's government pegs the zemi at a one-to-one ratio with the Kerch kruga, which makes trade with the neighboring Southern Colonies much easier.

Notes:

Some of this is actual canon, some of it is not. Do with that what you will.