Lari

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Lari
ლარი
ISO 4217 code PIA
Central bank Bank of Varkana
User(s) Template:Country data Varkana
Subunit
 1/100 Tetri
Symbol
Nickname balle(s), thune(s), piasse(s)
Plural lari
Coins 5, 10 & 25 tetri, 1 & 2 lari
Banknotes 5, 10, 20, 50, 100 & 500 lari
Printer Bank of Varkana

The lari (Kartvelian: ლარი; sign: ლ; code: VAL) is the currency and legal tender of Varkana. The name lari is an old Kartvelian word denoting a hoard, property, while tetri is an old Kartvelian monetary term (meaning 'white') used in the 6th century BC.

History

Before the Varkan revolution

Modern history

Exchange rate

The exchange rate of the lari against other currencies in Adonia is dependent on the monetary policy pursued by Varkana. The lari is based on the energy standard, which is a monetary system where the standard economic unit of account is based on a fixed quantity of energy, whereas the lari is equivalent as of September 2014 to 120 million joules.

Coins

Lari coins
Image Value Technical parameters Description
Obverse Reverse Diameter Thickness Mass Composition Edge Obverse Reverse
5თ 18.03 mm 1.22 mm 1.75 g 92% steel
5.5% copper
2.5% nickel plating
Plain, formerly 12-sided Seal of Varkana Wolf
10თ 21.2 mm 1.76 mm 3.95 g 94.5% steel
3.5% copper
2% nickel plating
Milled. wikipedia:person
25თ 23.88 mm 1.58 mm 4.4 g 94% steel
3.8% copper
2.2% nickel plating
wikipedia:person
66px 66px 1ლ 26.5 mm
11 curved sides
1.75 mm 7 g 91.5% nickel
8.5% bronze plating
  (88% copper, 12% tin)
Plain, formely 11-sided Seal of Varkana wikipedia:person
align="center" Template:Coin-silver-color | align="center" Template:Coin-silver-color | Template:Coin-silver-color | 2ლ Template:Coin-silver-color | 28 mm 1.8 mm 7.3 g Ring: 99% nickel
Centre: 92% copper
               6% aluminium
               2% nickel
Intermittent milled/smooth/edge lettered wikipedia:person
These images are to scale at 2.5 pixels per millimetre. For table standards, see the coin specification table.

Banknotes

Banknotes of the piastre (2010-present issue)
Image Value Obverse Reverse Watermark Remark Date of issue
[1] 5 piastres wikipedia:person Borjgali person October 20, 2010
[2] 10 lari wikipedia:person thing person October 20, 2010
[3] 20 lari wikipedia:person thing person October 20, 2010
[4] 50 lari wikipedia:person thing person December 15, 2010
[5] 100 lari wikipedia:person; skyline of Klow Presidential palace person The skyline represents the capital in 1910, whereas many modern buildings are missing October 29, 2010
[6] 500 lari Dedamitism symbol Parliament building Seal of Varkana March 22, 2010