Græcian Stater

Stater
Στατήρ (Hellenic) STATĒR (Neoclassical Latin) Статирь (South Ruthenian) 𐌓𐌄𐌕𐌀𐌕𐌔 (Græcian)
Stater symbol
Denominations
Superunit
2/1, 5/1	2, 5 staters (coins)
10/1, 20/1, 50/1	10, 20, 50 staters (banknotes)
100/1, 200/1, 500/1	100, 200, 500 staters (banknotes)
1.000/1	1.000 staters (banknote)
Subunit
1/2	50 ovoli (coin)
1/5	20 ovoli (coin)
1/10	10 ovoli (coin)
Plural	Staters (Hellenic: Στατῆρες) (N. Latin: STATERĒS) (South Ruthenian: Статирі) (Græcian: 𐌉𐌓𐌄𐌕𐌀𐌕𐌔)
50 ovoli	50 ovoli (Hellenic: ν΄ ὀβολοί) (N. Latin: L OBOLĪ) (South Ruthenian: 50 оволі) (Græcian: 𐌉𐌋𐌏𐌁𐌏 𐌣)
20 ovoli	20 ovoli (Hellenic: κ΄ ὀβολοί) (N. Latin: XX OBOLĪ) (South Ruthenian: 20 оволі) (Græcian: 𐌉𐌋𐌏𐌁𐌏 𐌢𐌢)
10 ovoli	10 ovoli (Hellenic: ι΄ ὀβολοί) (N. Latin: X OBOLĪ) (South Ruthenian: 10 оволі) (Græcian: 𐌉𐌋𐌏𐌁𐌏 𐌢)
Symbol	Ғϛ, also ϛ, st., ст.
50 ovoli	ὀ 50
20 ovoli	ὀ 20
10 ovoli	ὀ 10
Nickname	Græcocurrency (Hellenic: Γραικονόμισμα) (N. Latin: GRÆCOPECV̄NIA) (South Ruthenian: Грѣкъпарѣ) (Græcian: 𐌊𐌄𐌓𐌇 𐌅𐌀𐌌𐌖𐌍)
50 ovoli	Alcaeus (Hellenic: Ἀλκαῖος)
20 ovoli	Phoenix (Hellenic: Φοῖνιξ)
10 ovoli	Macedon (Hellenic: Μακεδών)
Banknotes	Ғϛ 10, 20, 50, 100, 200, 500, 1.000
Freq. used	Ғϛ 10, 20, 50, 100, 200
Rarely used	Ғϛ 500, 1.000
Coins	ὀ 10, 20, 50; Ғϛ 1, 2, 5
Freq. used	ὀ 50; Ғϛ 1, 2, 5
Rarely used	ὀ 10, 20
Demographics
Date of introduction	5 June 2022
User(s)	Græcia Arkaland
Issuance
Central bank	Bank of Græcia
Printer	Bank of Græcia
Mint	Græcian mint
Valuation
Inflation	0% (April 2024)
Pegged with	Drachma (₯) = Ғϛ 2
ERM
Since	3 May 2023
€ =	Ғϛ 60

The Græcian Stater is the currency of Græcia. It is subdivided into 10 ovoli (Hellenic: ὀβολοί; Neoclassical Latin: OBOLĪ; South Ruthenian: оволі; Græcian: 𐌉𐌋𐌏𐌁𐌏). The ISO 4217 currency code for the Græcian Stater is GRS.

History

The stater was an ancient coin used in various regions of Hellas. The term is also used for similar coins, imitating Hellenic staters, minted elsewhere in ancient Europe. It literally means "weight" in Ancient Hellenic.

On 6 May 2023 AD it was officially adopted by the Kingdom of Arkaland, following an agreement between the Governorate of Græcia and the fellow Hellenistic micronation.

Exchange rate

Exchange rate
Currencies				Quantity
Euro			1,00
Drachma			340,75
Stater			681,50
5 June 2022–3 May 2023

Exchange rate
Currencies				Quantity
Dollar			1,00
Euro			1,00
Drachma			30
Stater			60
3 May 2023–

Coins

There are coins in denominations of 10, 20, and 50 ὀβολῶν (10, 20 and 50 ovoli), 1 στατήρ, 2 στατῆρε, and 5 στατῆρες (1 stater, 2 and 5 staters).

First Series
Image		Value	Equivalent in		Technical parameters				Description			Date of
Obverse	Reverse		drachmas (₯)	Euros (€)	Diameter	Thickness	Mass	Composition	Edge	Obverse	Reverse	first minting	issue
		10 ὀβολοί (10 ovoli)	₯ 0,05	0,0016 €	16,25 (mm)	1,67 (mm)	2,3 (g)	98% copper 2% nickel	Plain	Value, state title, year of minting	Vergina Sun, "ΕΣΤΙΝ ΟΥΝ ΕΛΛΑΣ ΚΑΙ Η ΜΑΚΕΔΟΝΙΑ"	5 June 2022	5 June 2022
		20 ὀβολοί (20 ovoli)	₯ 0,1	0,0032 €	18,00 (mm)	1,67 (mm)	2,50 (g)				Phoenix, "ᾳωκα΄"	5 June 2022
		50 ὀβολοί (50 ovoli)	₯ 0,25	0,008 €	21,25 (mm)	1,67;(mm)	3,92 (g)	98% aluminium 2% magnesium	Plain	Value, state title, year of minting	Heracles, "ΗΕΡΑΚΛΕΣ"	5 June 2022	5 June 2022
		1 stater (1 στατήρ)	₯ 0,5	0,016 €	22,25 (mm)	2,14 (mm)	5,74 (g)	Nickel silver 60% copper 20% nickel 20% zinc	Milled	Value, state title, year of minting	Justinian I, "ΙΟΥΣΤΙΝΙΑΝΟΣ Α΄ Ο ΜΕΓΑΣ"	5 June 2022	5 June 2022
		2 στατῆρε (2 staters)	₯ 1	0,032 €	23,25 (mm)	2,33 (mm)	7,5 (g)				Constantine the Great, "FLAVIVS VALERIVS CONSTANTINVS ΜΕΓΑΣ ΚΩΝΣΤΑΝΤΙΝΟΣ"	5 June 2022
		5 στατῆρες (5 staters)	₯ 2,5	0,08 €	25,75 (mm)	2,2 (mm)	8,5 (g)				Alexander the Great, "ΑΛΕΞΑΝΔΡΟΣ Γ΄ Ο ΜΑΚΕΔΩΝ"	5 June 2022

Banknotes

There are banknotes in denominations of 10, 20, 50, 100, 200, 500 and 1.000 στατῆρες (10, 20, 50, 100, 200, 500 and 1.000 staters).

First Series
Image		Value	Equivalent in		Dimensions	Main Colour		Description		Date of
Obverse	Reverse		drachmas (₯)	Euros (€)				Obverse	Reverse	first printing	issue
		10 staters	₯ 5	0,16 €	130 x 60 mm		Blue	Georgios Karaiskakis (1782–1827)	Erechtheion	5 June 2022	5 June 2022
		20 staters	₯ 10	0,32 €	135 x 65 mm		Yellow	Theodoros Kolokotronis (1770–1843)	Parthenon
		50 staters	₯ 25	0,8 €	140 x 65 mm		Orange	Pavlos Melas (1870–1904)	White Tower of Thessaloniki
		100 staters	₯ 50	1,6 €	145 x 70 mm		Cyan	Georgios Papadopoulos, Hellenic dictator (1919–1999)	Old Royal Palace, Athens
File:200 staters obverse 2023.png		200 staters	₯ 100	3,2 €	150 x 70 mm		Red	King Constantine II of Hellas (1940–2023)	New Royal Palace, Athens
		500 staters	₯ 250	8 €	150 x 70 mm		Green	Ioannis Metaxas, Hellenic PM (1871–1941)	Academy of Athens
		1.000 staters	₯ 500	16 €	155 x 75 mm		Grey	Emperor Constantine XI Palaiologos (1405–1453)	Hagia Sophia

Withdrawn

Here is a list of withdrawn banknotes:

First Series
Image		Value	Equivalent in		Dimensions	Main Colour		Description		Date of			Reason
Obverse	Reverse		drachmas (₯)	Euros (€)				Obverse	Reverse	first printing	issue	withdrawal
		200 staters	₯ 100	3,2 €	150 x 70 mm		Red	King Constantine II of Hellas	New Royal Palace, Athens	5 June 2022	5 June 2022	6 June 2023	Death of Constantine II on 10 January 2023 AD.

See also

• List of micronations by official currency