Oressian kosht: Difference between revisions
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== Etymology == | == Etymology == | ||
The word "kosht" comes directly from the Ukrainian word "кошти" (koshty, "money"). | The word "kosht" comes directly from the Ukrainian word "кошти" (koshty, "money"). The word "pivkosht" comes directly from Ukrainian "півкошт" (literally half-kosht), and the word "shah" comes from the Ukrainian word "шаг", a predecessor to the modern Ukrainian kopiyka (subdivision of the hryvnia) and proposed successor, however this change has not been implemented yet. | ||
Latest revision as of 12:11, 23 June 2025
The Oressian kosht (Ukrainian: кошт; abbreviation: ksht, кшт; code: ORK) is the official currency of Oressia, which was adopted on June 20th, 2025. It currently isn't in circulation.
Subdivisions and value
The kosht is valued at a constant value of 10 pieces of raw iron or 0.625 slablets per kosht. It also has two subdivisions:
- The pivkosht (literally "half-kosht"), which is equal to 1/2 of a kosht, 5 pieces of raw iron or exactly 0.3125 slablets per pivkosht.
- The shah, which is equal to 1/10 of a kosht, 1 piece of raw iron or exactly 0.0625 slablets per shah.
The kosht also comes in 1-kosht banknotes, 5-kosht banknotes and 10-kosht banknotes.
Governing bodies
The Ministry of Finances of Oressia manages the kosht, the amount of its backing resource in stock and its circulation from their base in Todoian's Oressian National Bank.
Etymology
The word "kosht" comes directly from the Ukrainian word "кошти" (koshty, "money"). The word "pivkosht" comes directly from Ukrainian "півкошт" (literally half-kosht), and the word "shah" comes from the Ukrainian word "шаг", a predecessor to the modern Ukrainian kopiyka (subdivision of the hryvnia) and proposed successor, however this change has not been implemented yet.