Ruthenian Mark

The Ruthenian Mark was the currency unit of the Karno-Ruthenian Empire, being originally created by the Kingdom of Ruthenia and the Duchy of Libertia. The currency was created by the first Minister of Finances and Household of Ruthenia, Yuri, Count de Faria. The plural form is Marks and one Mark is subdivided into 100 cents. Banknotes and coins were designed by the first Chancellor of Ruthenia and Duke of Libertia, D. Guilherme da Lomellina e Berenguer. All bank notes showed significant people and symbols for and from the Kingdom. The existing bank notes at the moment are for 1, 2, 5, 10, 20, 50 and 100 Marks. It was succeeded by the Vereinsmark as the official currency of Karnia-Ruthenia.

Background
The Kingdom of Ruthenia used the Brazilian Real while the Duchy of Libertia used the Euro. When the formation of the government of His Majesty after the promulgation of the Constitution, in February 2015, the Minister of Finances Yuri, Count de Faria, wished implement and develop the national financial system, and the first step would be the development of the Ruthenian currency. After the unanimous adoption of the bill presented by the Minister, implementing the Ruthenian Mark, it was necessary to create the design of the coin. The task fell to the Duke of Libertia. Skilled artist, the king instructed to use Ruthenian and Lomellinian symbols, to integrate the culture of the kingdom and of the duchy in the currency that would split from then on. After the signature of the Karno-Ruthenian Compromise of 2016, the Ruthenian Mark became the official currency of the state members of the Empire. On 20 February 2017, after the Principality of Nossia became a protectorate of the Empire, it became the first foreign micronation to use the Ruthenian Mark. The first banknotes printed were from the second series, on April 2018 and are now archived in the Imperial Collection. With the expansion of the Empire, a common currency was adopted by all state members, but always persisted the idea of note just a common currency, but a commonly representative currency. By the end of 2021, when the Grand Republic of Delvera and the North American Confederation joined Karnia-Ruthenia, their sucessfull currencies, the Delveran Curo and the Occidian Amero influenced the discussions on the subject and soon a new project for a common currency was in march. The result was the introdution of Vereinsmark by 2022.