Benacian sovereign

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Benacian sovereign
Benacian sovereign Symbol.png
Denominations
Subunit
112 Marks
1240 Chits
Symbol £
Nickname Gilt Script
Banknotes 12 marks, 60 marks, 240 marks, 500 marks, 1,000 marks
1 chit, 5 chits, 20 chits, 60 chits, 160 chits, 240 chits
Coins £1
Demographics
User(s) Unified Governorates Unified Governorates
Pegged with £1 = 1kgr

The Benacian sovereign is a paper-based occupation currency, circulated in the Unified Governorates of Benacia which is comprised of marks and chits in various denominations, whose sole coin - the eponymous Sovereign is an overstrike of those Kalgarrands received in yearly tribute from Kalgachia following the Treaty of Gloomburg which terminated the Inner Benacian Conflict.

While the paper promissory notes are in general circulation and the Sovereign (12 marks or 240 chits) is given as unit of exchange in everyday transactions, the coin itself is strictly reserved to the Command Executive to the extent that the only occasion that a citizen of the UGB can reasonably expect to be in receipt of a gold Benacian sovereign is on the occasion of his commissioning into the Black Legions.