Ducat

The Ducat is the standard unit of currency for the Empire of Avalon and it's peripheries. The Ducat first appeared under the rule of Owain I of the Duchy of Kordowyn, based on the old Acrenian currency and replacing the modrwy ('ring') currency used by the Kordynian Clans. 
Until the Kordynian Wars of Conquest, the Ducat was on the same tier as the Drachma (Order of Hybretia), Dubrellions (Varreny), and other currencies. The use of the Ducat spread to the various states as they became subject states before eventually becoming the premiere, and by 233, only currency in circulation in the New World. The Ducat remained stable until 257, when Emperor Llywelyn I was shot, and the economy collapsed. The Value of the Ducat began to fall before reaching a crisis point in mid 258, after with the Gold & Silver Standard Act was issued.