Lari
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Lari | |||
---|---|---|---|
ლარი | |||
| |||
ISO 4217 code | VAL | ||
Central bank | Bank of Varkana | ||
User(s) | ![]() | ||
Deflation | 0.53% (1714) | ||
Subunit | |||
1/100 | Tetri | ||
Symbol | ლ | ||
Plural | lari | ||
Coins | 5, 10 & 25 tetri, 1 & 2 lari | ||
Banknotes | 5, 10, 20, 50 & 100 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 was equivalent in September 2014 to 12.04 kWh of electricity, while in June 2015 it went up to 12.12 kWh, a 0.66% deflation in that period.
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 | |||
Template:Standard coin table notice |
Banknotes
Banknotes of the lari (2010-present issue) | |||||
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Image | Value | Obverse | Reverse | Remark | Date of issue |
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5 lari | Inga Korsantia; skyline of Klow | Borjgali | October 20, 2010 | |
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10 lari | Ana Kalanda; fjords | Borjgali | October 20, 2010 | |
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20 lari | Juls Dadiani; The Bathers by Lado Gudiashvili | Borjgali | October 20, 2010 | |
![]() |
50 lari | Giorgi Ramishvili; Varkan mountains | Borjgali | December 15, 2010 | |
![]() |
100 lari | Bessarion Makharadze; Several panduri | Borjgali | October 29, 2010 |