Sabioveronese groxi

Sabioveronese groxi
Sabioveronese groxi
ISO 4217
Code	SVG
Denominations
Plural	Groxa
Symbol
Banknotes	1, 5, 10, 20, 50, 100
Demographics
User(s)	Sabia and Verona
Issuance
Central bank	National Bank of Sabia and Verona
Printer	National Bank of Sabia and Verona
Valuation
Pegged with	Káridos jousitrinas (KJi)

The groxi (Sabian pronunciation: [ˈɡɾoʒi]; plural groxa) (sign: ) is the currency of the Kingdom of Sabia and Verona since 1 January 2016. It does not count with any sort of subunit, and it's based entirely on banknotes. Sabia and Verona is a member state of the Federal Union of Juclandian Lands, and so it is in a monetary union with the Kingdom of Juclandia.

The groxi is officially pegged 1:1 to lollipops using the "lollipop standard" (káridos jousitrinas, KJi).^[1] Since its successful entrance to the Sabioveronese market, it has become the first fully functional currency of Sabia and Verona.^[2]

History

Attempts at establishing a Sabioveronese currency have been made as early as 2013, when the government of Napoléon Bleuberrie announced it was planning on entering the lyre to the Sabioveronese market by early 2014. The project taken over by Ann Stefanović and her administration after the interim government of Rubén Hernández under the banner of the apira,^[3] which counted with improved designs and lower denominations (the lowest lyre denomination was 1000, while the apira's was 1).^[3] However conflict in neighbouring Venezuela and the poor infrastructure in the hands of the Sabioveronese government at the time meant there weren't enough resources to fully adopt the currency as expected. By the end of the year, the project had been completely abandoned.

In November 2015, Prime Minister Shounn Virny announced alongside the creation of the National Bank of Sabia and Verona a project for a new Sabioveronese currency, which would be used mainly in the new claims of Alios and the Gonn Region, with the possibility of its use in the Northern Territories being considered. Shortly after that the designs and semantics of the currency were unveiled by the Prime Minister, who stated the adoption of the groxi, as the new currency would be known, was "a big step towards economic sovereignty in Sabia and Verona".^[1]

Banknotes

2016 series

The first series of the groxi banknote is titled "Icons and Biodiversity"; the banknotes were designed by the Sabioveronese design firm RA&V Artworks.^[1]

"Icons and Biodiversity" Series
Image		Value	Dimensions (centimiters)	Main Colour		Design
Obverse	Reverse	Value	Dimensions (centimiters)	Main Colour		Observe	Reverse
		1	8 x 4		Blue	Frida Kahlo	Ipomoea indica; constitution.
		5	8 x 4		Green	Rubén Darío	Araucaria pinecone, constitution.
		10	8 x 4		Amaranth	Teresa Carreño	Callistemon sp., constitution.
		20	8 x 4		Violet	Queen Isadora	Jacaranda mimosifolia, constitution.
		50	8 x 4		Sky blue / gold	Marie Antoinette	Bidens aurea, constitution.
		100	8 x 4		Brown / gold	King Tarik	Tyto alba, constitution.