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Ronan
Ronano
Ngultrum
Fifty ronan banknote

Country

Kaevi

Origin

1885 CE

Controlling Agency

Fisko de Kevio

Inflation

0.99 %

ISO 4217

ROA

The ronan (Esperanto: ronano) is the currency of most of the Democratic Republic of Kaevi. The symbol that represents the ronan is "". The currency was created by royal decree of the Astoka Fiefdom monarch in 1885, and was put under a managed float regime in 1959 after being fixed to the value of gold beforehand.

The currency is divided into seven banknotes (in 5, 10, 25, 50, 100, 250, and 500 denominations) and five coins (in 0.05, 0.10, 0.25, 0.50, and 1.00 values). However, the Fisko de Kevio is known to make much higher denominations (at times ranging from 1,000-10,000) for holidays and historic events.

When making purchases, the final cost is rounded to the nearest 0.05.

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