Lasetian Mark

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Lasetian Mark
Lasetische Mark
5.000 mark note, the highest in circulation.
IMSO 2
CodeLSM
Denominations
Subunit
 ​1100Cent
PluralMarks
SymbolLM
 Centc
NicknameMekke
Banknotes
 Freq. used10 Mark, 20 Mark, 50 Mark, 100 Mark, 500 Mark
 Rarely used1 Mark, 5.Mark, 1.000 Mark, 2.000 Mark, 5.000 Mark
Demographics
Date of introduction31 July 2023
User(s)State of Lasetia
Issuance
Central bankNationalbank Lasetien
PrinterLasetian Printer Agency
Valuation
Inflation0% (6% Euro)
Pegged withEuro at 100 LM=1€

The Lasetian Mark (sign: LM; code: LSM) is the official currency of Lasetia. It is currently issued and printed by the Nationalbank Lasetia. Its current value is about 1:100 to the Euro meaning that 1 Mark is worth 1 Cent.

History

The Lasetian Mark was established on 31 July 2023 by the Lasetian President as part of measures aimed at distancing Lasetia from the German Economy. It is pegged to the Euro at the rate of 1 EUR = 100 LSM. The current design was first printed on 1 August 2023 and entered circulation on 1 September 2023.

Banknotes

Obverse Value In Circulation Description
Regular
10 LM 20
20 LM 0
50 LM 30
100 LM 10
200 LM 4
500 LM 4
1.000 LM 1
2.000 LM 1
CIN Special Banknotes
10 LM 1 Depicting Svetka
20 LM 1 Depicting Sanctimonia
50 LM 1 Depicting Enclave Empire
100 LM 1 Depicting Lasetia
200 LM 1 Depicting New Tejas
500 LM 1 Depicting Ostivia
Special Print
5.000 LM 0 Depicting the Presidental Standart

See also