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The '''Einsenland Mark''' (abbreviation: '''EM'''; sign: '''Ɛ'''; ISO code: '''EIM''') is the official currency of the [[Einsenland|Einsenland Republik]]. It is issued and regulated by the '''Einsenland National Bank''' (Einsen: ''Einsenland Nationalbank'', ENB), headquartered in [[Eisenstadt]].

== Overview ==

{| class="wikitable" style="float:right; margin-left:16px; width:280px;"
|-
! colspan="2" style="background:#2a2825; color:#e8ddb5; text-align:center; padding:10px;" | Einsenland Mark
|-
| '''ISO code''' || EIM
|-
| '''Abbreviation''' || EM
|-
| '''Symbol''' || Ɛ
|-
| '''Subunit''' || Pfennig (1 EM = 100 Pf.)
|-
| '''Central bank''' || Einsenland Nationalbank (ENB)
|-
| '''Exchange rate''' || ~1.13 EM = 1 USD (2025)
|-
| '''Inflation target''' || 2.0%
|}

The Einsenland Mark was introduced in '''1848''' following the unification of the Einsen territories, replacing the various currencies of the former principalities. The name ''Mark'' follows the Germanic tradition of weight-based currency naming, referring to a historical unit of weight used in the region.

== History ==

=== First Mark (1848–1923) ===

The original Einsenland Mark was established by the '''Currency Unification Act''' of 1848. Initially backed by silver (and later gold), it served as the national currency through the First Republic era. Post-World War I inflation severely devalued the First Mark.

=== Second Mark (1923–present) ===

The '''Currency Reform of 1923''', concurrent with the adoption of the [[Constitution of Einsenland|Grundordnung]], introduced the Second Mark at a rate of 1,000,000 old marks to 1 new mark. The Second Mark has remained remarkably stable, surviving World War II through the government-in-exile's careful financial management and post-war reconstruction policies.

== Banknotes ==

Current banknotes in circulation (2018 series):

{| class="wikitable"
|-
! Denomination !! Color !! Portrait !! Theme
|-
| Ɛ5 || Green-grey || Clara Eisenberg (educator) || Education and Enlightenment
|-
| Ɛ10 || Blue || Johann Schwarzenberg (engineer) || Industrial Innovation
|-
| Ɛ20 || Gold-brown || Anna von Stahlberg (freedom fighter) || Independence and Liberty
|-
| Ɛ50 || Orange-red || Wilhelm Hartmann (composer) || Arts and Culture
|-
| Ɛ100 || Purple || Friedrich I (first president) || Republican Democracy
|-
| Ɛ200 || Dark gold || Collective portrait || Unity of the Seven States
|-
| Ɛ500 || Grey-blue || Eisen River panorama || The Nation's Landscape
|}

All banknotes feature the national coat of arms watermark and advanced security features including holographic strips, microprinting, and color-shifting ink.

== Coins ==

{| class="wikitable"
|-
! Denomination !! Material !! Obverse !! Reverse
|-
| 1 Pf. || Copper-plated steel || National emblem || Denomination
|-
| 5 Pf. || Copper-plated steel || National emblem || Oak leaf
|-
| 10 Pf. || Brass || National emblem || Eisen River bridge
|-
| 50 Pf. || Brass || National emblem || Industrial gear motif
|-
| Ɛ1 || Nickel-brass (bimetallic) || National coat of arms || Denomination with state emblems
|-
| Ɛ2 || Nickel-brass (bimetallic) || National coat of arms || Bundeshaus dome
|}

== Monetary policy ==

The '''Einsenland Nationalbank''' operates independently of the government, with its primary mandate being price stability. The ENB:

* Sets the base interest rate (currently 3.25%, 2025)
* Manages foreign currency reserves
* Supervises the banking sector
* Issues currency and manages payment systems
* Targets an annual inflation rate of approximately 2.0%

== See also ==
* [[Economy of Einsenland]]
* [[Einsenland]]

{{Navbox Einsenland}}

[[Category:Economy of Einsenland]]
[[Category:Currency]]
[[Category:Einsenland]]