Currency

In Verseinia the base unit of currency is called a mark, which similarly to a US dollar is split into 100 cents.

History
The mark was established in 2043, shortly after the founding of the nation, as a replacement to the Sisli Gratar and Vosonovan Ruble which were both commonly used. When first introduced, the mark was purchasable from the Verseinian treasury at a rate of 1 mark to 1 ruble. Originally, there were 8 denominations of banknotes, coming in 1, 2, 5, 10, 20, 50, 100, and 1,000 mark notes, however the 2 and 50 mark notes have since stopped being printed due to lack of use, though they are still in circulation. In 2102 the 1/2 mark note was introduced by petition of the people.

There have been several coins as well, coming in 1, 5, 10, 20, 50 cent, and 1 mark denominations. Though originally made of a zinc/nickel alloy, in 2102 coinage was switched to steel due to concerns about the sustainability of these metals.

Banknotes
All Verseinian banknotes are made of a synthetic plastic to help fight counterfeiting, and increase durability. On the 100 and 1,000 mark notes there are additional ferromagnetic strips woven into the plastic which are serialized to help identify the bills and decrease the feasibility of counterfeiting. The only foreigner depicted on a Verseinian banknote is Sislian President Alina Kerry, on the 10 mark note, as she was the president who offered aid to Verseinia during the war for independence. The other notes depict Sovereign Asiron Mastana on the 1 mark note, Queen Elizabeth Ashton on the 5 mark note, Prince of Life Victor Galloway and Princess of Death Samantha Galloway on the 20 and 50 mark notes respectively, Sovereign Seren I on the 100 mark note, and Peter Semenov on the 1,000 mark note.

A photo of Peter Semenov was the winning entrance to a nation-wide contest to have one's likeness put on the 1,000 mark note. The contest was launched when officials of the treasury couldn't decide who to put on the note, and thus decided to have Verseinians enter self portraits to a national contest. The goal was to have the face of Verseinia be represented by the people on the largest banknote of the nation. Over 10 million photos were uploaded to the contests website, where citizens could vote a total of 100 times on which portrait they'd like to be on the note, barring self votes. The portrait of Peter Semenov was entered by his daughter, Ella Semenov, in honor of her late father who was killed during the Verseinian War for Independence. The final depiction that made it onto the note was of Mr. Semenov in his uniform proudly standing in front of a Verseinian flag waving over an occupied St. Petrov's Basilica.

Coins
Coins in the Verseinian Sovereignty are minted primarily on steel, however originally it was a zinc/nickel alloy. Instead of important people, coins depict the national motto, date of minting, and the value of the coin on the face, and a national landmark on the reverse.