Gwladcoed ceiniog

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Ceiniog
Denominations
PluralCeiniogau[a]
Symbol
Banknotes1, 2, 5, 10, 20, 50, 100 ceiniog
Coins12, 1, 2, 5, 10, 20, 25, and 50 copr, 1 ceiniog
Demographics
User(s) Gwladcoeden
Issuance
Central bankCentral Bank of Gwladcoeden
PrinterCentral Bank of Gwladcoeden
MintN/A

The Ceiniog (officially: GwladCoin; plural: ceiniogau; sign: ₡) is the currency of Gwladcoeden. It is subdivided into 100 copr. The currency is printed by the Central Bank of Gwladcoeden, but its coins are not currently minted.

Names

The name ceiniog is used officially and informally without reference to Gwladcoeden, despite GwladCoin being the official name. When referencing the historical ceiniog, the term ‘Welsh ceiniog’ has been used informally.

Definition

The term ceiniog means ‘pence’ in the Welsh language, the term was proposed by Aelod o’r Senedd Grace Welsh as the main rather than punt (English: Pound) on the basis of the unit of the historical ceiniog not having an equivalent to the punt. The term copr (English: Copper) is instead used as a subunit, it is borrowed from the English.

Etymology

The term ceiniog is inherited from Middle Welsh kenyawc and keinhauc, meaning ‘pence’, the term copr (literally meaning ‘copper’) is directly borrowed from English.

Symbol

The ceiniog borrows the symbol of the colón. The symbol is capital letter ‘C’ crossed by two diagonal strokes. The copr uses the lowercase letter ‘c’ without any strokes; Aelod o’r Senedd Grace Welsh proposed the symbol of the cent (¢) to be used, the proposal was declined on the basis that ‘the slash would make it too confusing’, according to Pendraig Ned Fram.

History

On 11 August 2021, in a Senedd session, Harvey MichaelsBILL TO ESTABLISH A CENTRAL BANK, A CURRENCY, PUBLIC SECTOR INCOME, PRICING AND BUDGETS[1] was submitted, it would pass on 17 August 2021. The bill was responsible for creating the Central Bank of Gwladcoeden and the currency of Gwladcoeden, the GwladCoin. Although the de jure name is GwladCoin, as there was no amendment for the name of the coin when the bill passed, the government referred to it as the ceiniog instead on its September Budget.

Banknotes

The current, first series of ceiniog banknotes were issued on 15 September 2021; the designs introduced include 2, 5, 10, 20, and 50 ceiniog banknotes, as well as three non-circulating 10,000, 100,000, and 1,000,000 ceiniog banknotes made for backing the currency. The 100 ceiniog was issued the following day. The designs of the banknotes were created by Pendraig Ned Fram, who was inspired by older banknotes from the United Kingdom and its former colonies. Each banknote (excluding non-circulating banknotes) features a historical Welsh figure; two exceptions include the 20 and 100 ceiniog banknote (featuring Englishmen Alan Turing and Tony Benn)

First series of Gwladcoeden banknotes
Image Value Dimensions Designer Main colour People (Reverse) Location (Reverse) Date of issue Remarks
Observe Reverse
1 ceiniog 132 x 75 Ned Fram Lime Robert Peel Port Talbot Steelworks 2 October 2021
2 ceiniog Green Dic Penderyn Brecon Beacons 15 September 2021
5 ceiniog Blue Jack Williams Menai Suspension Bridge
10 ceiniog Gold Aneurin Bevan Caerphilly Castle
20 ceiniog Purple Alan Turing Blaenavon Industrial Landscape The first banknote to feature a non-Welsh citizen.
50 ceiniog Red Gwynfor Evans Millennium Stadium
100 ceiniog Magenta Tony Benn First Severn Bridge 16 September 2021 The second banknote to feature a non-Welsh citizen.

Notes

  1. The plural “ceiniog” isn’t used for quantifying the currency, in accordance to Welsh grammar rules.

Citations