Einsenland Mark

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

Overview

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 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):

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

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