Currency of the Augkarate

Part of Numismatics of Otheia
Currency is handled daily in the Augkarate of the Otheiae, by almost everyone. There are two main types of currency, “hard” currency, made from precious metals, and “soft” currency, made from wood or fabric. 
=== Hard Currency ===
Hard currency is used by travelers, diplomats, merchants, nobles, and others whose circumstances necessitate using something of universal value. Hard currency takes the form of coins, the most common variety are called Naudu. Typically naudu are made from a copper-lead alloy, silver, or electrum, though each Realm or even City will produce its own coinage from its own materials. 
The coins, by the ancient Naudu Treaty between the Battlemage Houses, all have the same basic weight; 4 grams, and have a hole punched in the middle, that they May be collected on a string for easier transport. A general rule of thumb is that a silver naudu is worth 6 copper-lead naudu, and an electrum naudu is worth 10 times as much as a silver naudu. The rare gold naudu, issued only rarely by a few realms, is worth about 10 times as much as an electrum naudu itself is worth.
=== Soft Currency ===
Soft currency, on the other hand, is made from thin wooden chips wrapped in dyed cloth, called Udum. These soft currencies are issued by cities and battlemage houses to be used within their walls and realms respectively, as a means to introduce more currency to the system without devaluing the power of the naudu, make money more convenient to carry, as well as to enable the cities and mages to hold onto more hard money than otherwise possible. Made from round wooden chips wrapped in fine foreign cloth, often silk, and dyed rich colors to portray its value, their color and cloth will dictate which value they are roughly equivalent to. 
Nearly every city has its own variety of Udum, and each realm issues its own as well. Often the Udum may be traded for naudu at a governemnt financier’s office, or by those willing to buy udum for hard money.
Category:Numismatics of Otheia