Araa

The araa (symbol: Ѧ; code: ARA) is the official currency of 14 of 23 total countries in the Iarta System. The araa is the largest reserve and traded currency in the Iarta System with the Galactic Credit being the second.

Characteristics

Administration

Araa coins and banknotes are administered and managed by the Tazville-based Scionia National Bank (SNB) and the AraaCirca (a composition of central banks in countries that use the araa). The SNB's sole priority is to set monetary policy. AraaCirca is responsible for the printing, minting and distribution of notes and coins.

Coins

Araa is divided into 100 cents with coins having a front and back side. Coins were issued in denominations of Ѧ1000, Ѧ100, Ѧ5, Ѧ2, Ѧ1, 50c, 20c, 10c, 5c, 2c and 1c. All coins issued had a common side showcasing the denomination and the etched words "Araa Cent" with the back side showing a map, national monument or scenery of the issuing country. The rarest out of all coin values would be the Ѧ1000, followed closely by the Ѧ100. These two coins are rarely issued in favor of the banknotes but can still be acquired. Due to the differing languages of every country that use the araa, text on the coins are etched in the issuing country's primary language. For example, countries such as United Scionia and Republic of North Damalay have Araa Cent etched in Galactic Basic while countries such as Vaasiland had the text etched in their home language, Vaasish.
Commemorative coins with the Ѧ5 and Ѧ2 values are often issued to memorialize events that happen throughout the years such as treaties, national sports events or national heroes. Despite these coins being intended as primarily collector coins, they are a legal tender throughout AraaCirca; however they aren't meant for general circulation.

Banknotes

Araa banknotes share a common design with araa coins. The front side shows the value of the banknote along with a graphical depiction of 14 flags to symbolize unity between all the countries that use the currency. The back side of banknotes also show denomination but with a national monument or scenery. Banknotes are issued in denominations of Ѧ1000, Ѧ500, Ѧ100, Ѧ50, Ѧ20, Ѧ10, Ѧ5. Each individual banknote also has it's own color depending on the denomination.

Exchange Rate

In the Iarta system, araa can be exchanged for galactic credits and vice versa. However, the ability to exchange these two currencies is only available to operatives within the Iarta System Armed Alliance who are assigned active missions outside of the system. On the contrary, if a civilian does happen to acquire galactic credits, they can do so at any local bank since credits are the second largest currency in the Iarta system.

Currency Specification Tables

Coins

Value	Primary color	Secondary color	Diameter (mm)	Thickness (mm)	Mass (g)	Composition
1c	Bronze		16.25	1.70	2.5	Copper
2c	Bronze	Carbonite	18.80	1.70	3.10	Outer part: copper Inner part: Treated smooth carbonite
5c	Bronze	Carbonite	21.40	1.70	4	Outer part: copper Inner part: Treated smooth carbonite
10c	Carbonite		20	2	4.5	Treated smooth carbonite
20c	Carbonite		23	2.15	5.60	Treated smooth carbonite
50c	Carbonite		25	2.50	8	Treated smooth carbonite
Ѧ1	Bronze	Silver	23	2.33	7.5	Outer part: copper Inner part: Scionian silver
Ѧ2	Silver	Bronze	25	2.50	8.5	Outer part: Scionian silver Inner part: copper
Ѧ5	Silver		25	2.50	8.5	Scionian silver
Ѧ100	Gold		30	2.75	10	Damalayian gold
Ѧ1000	Silver-gray		30.50	2.75	10.5	Platinum

Banknotes

3rd Series Issue (5357-present)

Value	Issued Year	Dimensions (mm)	Color	Front Design	Rear Design
Ѧ5	5357	120 x 62	Green	14 country flags	Sunny day over a wheat field in Stussia
Ѧ10	5357	127 x 67	Grey	14 country flags	Mountain range of Rosnae
Ѧ20	5357	135 x 75	Blue	14 country flags	Night sky over the swamps of south-west Scionia
Ѧ50	5357	140 x 77	Orange	14 country flags	Damalayian National Law Enforcement Museum
Ѧ100	5358	140 x 77	Orange	14 country flags	Depiction of the Iarta Unanimous Treaty
Ѧ500	5358	155 x 77	Red	14 country flags	Unity Tower in Zepabia
Ѧ1000	5359	155 x 77	White	14 country flags	Symbolic graphic of the Iarta system

General Information

Code
ARA
Nicknames

United currency

Big As (United Scionia slang)

Quams (Damalayian slang)

Denominations

Subunit
1/100 Cent
Symbol
Ѧ
Cent
c
Banknotes
Freq. used: Ѧ5, Ѧ10, Ѧ20, Ѧ50, Ѧ100
Rarely used: Ѧ500, Ѧ1000
Coins
Freq. used: 1c, 2c, 5c, 10c, 20c, 50c, Ѧ1, Ѧ2
Rarely used: Ѧ5, Ѧ100, Ѧ1000

Issuance

Central Bank
Iarta National Bank

Valuation

Exchange Rates

Araa - Galactic Credit
1 ARA - 0.58 GC
Galactic Credit - Araa
1 GC - 1.86 ARA