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Westlandic Mark
Markvästlandik
Westlandic1000Mark
1000 Mark note from 1997
User(s) FlagofPenda Westland
Inflation 5.2%
Symbol Mk
Nickname Marki
Banknotes
Freq. used 10, 50, 100, 500, 1000, 5000
Rarely used 20
Printer Fölksbank

The Westlandic Mark', (plural; MarksWestlandic: Markvästlandik, Mk) is the currency of Westland. 1 Mark is divided into 100 Pennings, however Pennings are no longer in use due to inflation. Since the 1980's, Marks have only been issued in notes form.

The word Mark, comes from a measure of the weight of gold and silver. The name has been used by other Europeans currencies, however Westland is the only country that still uses a currency known as the mark. The name 'Penning', comes from Old English, Pening, and is related to the German Pfenig. The Mark itself has been in use since the 20th century, when it replaced the Krona. Westlandic Marks are now solely printed in bank notes, after Pennings were abolished due to inflation. Currently, the exchange rate of the Westlandic Mark with the Euro is 1 Euro = 157.99Mk. 

Economic Role 

While the Westlandic Mark formerly had little economic role during the early 20th century, as goods were distributed through quotas and reports, with food stamps and Kupons being major forms of payment for specific goods. Additional items were however bought with Marks. However following reforms during the 1970's, 80's and 90's, the Mark had much more of a role in the economy. Alongside quotas of food stamps and kupons, people are payed in Marks, which are now used for payment for the wide array of goods available through the growing service industry. The Marks have much more purchasing power. Since the early 2000's, with the advent of chip and pin, debit cards have been used far more frequently for larger purchases. Fölksbank debit cards are issued upon request. 

Notes

  • 10Mk
  • 50Mk
  • 100Mk
  • 500Mk
  • 1000Mk
  • 5000Mk 

Exchange Rates

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