Arqvilliit paun

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Paun
ᐸᐅᓐ
Denominations
Subunit
 ​110Shilling
 ​1100Penny
 ​1200Sou
PluralPaunuk
 ShillingShillings
 PennyPence
 SouSous
Symbol£ (or A£)
 ShillingS. or /-
 Penny𝓭
 Souſ
Banknotes
 Freq. used5/-, £1, £2, £5, £10, £20
 Rarely used£50, £100, 500ſ (commemorative)
Coins
 Freq. used5𝓭, 1/-, 2/-, 5/-, £1
 Rarely used1ſ, 1𝓭, 2𝓭
Demographics
User(s) Arqvilliit Archipelago Domain
Valuation
Pegged withMarquetten dukesmark £1=ℳ1/2/5п

The paun (Symbol £ or ) sometimes erroneously referred to as the pound is the official colonial currency of the Arqvilliit Archipelago Domain.

Etymology

The word Paun comes from the Inuktitut word "ᐸᐅᓐ" meaning Pound.

History

The paun was created in 2021 primarily to serve as a test for other colonial banknote issues. it was originally pegged at 6 (ℳ1/10/~)

Devaluation

with the 2023 re denomination of the dukesmark, the paun was devalued to ℳ1/2/5п (about 4.483)

Coins

Paunuk Coins
Denomonation Design Diameter Thickness composition edge
Obverse Reverse interior extirior
1ſ Nada I Lilly flower Aluminium Smooth
1𝓭 Trident Head copper
2𝓭 inukshuk
5𝓭 Seal Milled
1/- Arms of Arqvilliit nickel
2/- Fishermen on a umiak Spanish Flower
5/- Bowhead whale Nordic gold nickel Milled
£1 Arms of house Reynolds-Romanov Nordic gold Milled dodecagon

Banknotes

2022 series notes
Image value Dimensions (in) Main Colour Description Date of
Obverse Reverse Obverse Reverse Printing Issue
5/- Dark Blue Nada I of Reynolds-Romanova Arms of Arqvilliit Mar 9 2022 Mar 12 2022
£1 inukshuk Mar 9 2022 Mar 12 2022
£2 Astronomical Symbol of Sedna Mar 9 2022 Mar 12 2022
£5 Inupiat woman Mar 9 2022 Mar 12 2022
£10 Lighthouse Mar 9 2022 Mar 12 2022
£20 Port Scene N/A N/A
£50 Longship Mar 9 2022 Mar 12 2022
£100 Geometry Mar 9 2022 Mar 12 2022
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

Missing 20 Paunuk note

The 20 Paunuk note was designed along with all the other notes, however the design went missing before printing thus the £20 note was not included in that or any subsequent issues. The £20 note design resurfaced on April third 2023 over a year after fist going missing. The Marquetten Government has stated plans to Print the £20 note with the next issue.

100 Paunuk note debate

Some members of the Marquetten government have proposed dropping manufacture of the £100 note, worth ℳ112 more than the already scarce ℳ100 note. The £100 note would not be demonized however it would not be issued in future batches. This is considered low priority by the Marquetten Colonial Office and will not have any definitive answer until the next set of notes are issued.

Exchange Rate

Year w:United States USD w:United Kingdom GBP w:European Union EUR w:Japan JPY w:Canada CAD w:Taiwan TWD w:Russia RUB w:India INR
2024 $1.72 £1.31 €1.57 ¥198.04 CA$2.19 NT$48.54 ₽213.88 ₹131.83
Year Marquette MQD Badis BDD Socorro SCR AA£ EIŦ YPD SR/≈
2024 ℳ1.12 Đ1.6 ☆0.7 £1 Ŧ4.48 Y$7.19 22.4/≈