Republican sterling

The Republican Sterling (abbreviation: rstg; : RS) is the primary currency used in the Peoples Republic of Grenedene. The Pound (sign: ꞂꞄ) is the main unit of sterling, and the word "pound" is also used to refer to the Grenedeneish currency, often qualified in international contexts as the Grendeneish pound or the pound sterling.

The Republican Sterling is continuation of the old Royal Sterling, originally made in 1475 with the foundation of the Kingdom, a currency which succeeded the old Grenedeneish Easterling.

The Bank of Grendene is the central bank for sterling, issuing its own banknotes, and regulating issuance of banknotes by private banks in the Republic as a whole, including Tyrdene, and has been in common use since its standardization as the national currency and the discontinuation of the Royal Sterling in 1956, when it became rare enough to justify its complete disuse as whole in the nation.

Names
"Sterling" is the name of the currency as a whole while "pound" and "penny" are the units of account.

Etymology
The name Sterling likely came from the currencies of the conquering empires, specifically that of those who came by sea and invaded Grendene during the 1100's, bringing with them large quantities of their currency, known to be a circular piece of silver with a depiction of a star upon it. It is known that prior to unification the Kingdom's all had their own sterlings, however the primary trade unit used by the Grenedeneish nation remained the Grendeneish Easterling.

Symbol
The symbol of the Republican Sterling is the letters ꞂꞄ, which stand, effectively, for RS in the Grenedeneish type, of course, this is a simple abbreviation of the name of the Sterling, something which is born on all banknotes and coins.