Krejt

The Krejt (Sign: ₭; Code: KRT) is the official currency of the Divine Republic of Kresimiria. It is subdivided into 100 Delins (Sign: ᵭ).

Issued by the Central Bank of Kresimiria, the Bank of Zvonomir in Sinj, the currency is a powerful symbol of national sovereignty. Since 2015, the physical currency has been increasingly supplanted by the Digital Krejt, a state-monitored cryptocurrency integrated into the mandatory KresiX operating system. The Krejt operates on a managed float exchange rate, heavily regulated by the Council for Growth to protect the competitiveness of Kresimirian steel and grain exports.

History

Origins and Introduction (1921)

Prior to independence, the region used the Vosti Imperial Mark. Following the Unification War, the Revolutionary People’s Council sought to establish immediate economic independence.

On June 1, 1921, Divine Founder Filip Novak proclaimed the Currency Act. The name “Krejt” is derived from the Old Kresi word for “Creation” or “Work,” reflecting the new Republic’s emphasis on labor and divine purpose. The initial exchange rate was set arbitrarily at 1 Krejt to 10 Vosti Marks to wipe out the savings of imperial loyalists.

The Inflation Crisis (1990s)

The transition from a command economy to the “Statist-Labor” mixed model under Ljubo Sanjakorin in the late 1980s caused significant volatility. The massive spending required to build KSO1 and subsidize National Grain Trust prices led to a period of inflation peaking at 18% in 1994.

To stabilize the currency, the government authorized the Bank of Zvonomir to manage the issuing of government bonds, effectively pegging the Krejt’s value to the performance of state-owned heavy industry.

Digitization (2015–Present)

Under the leadership of Ari Stov, the Republic moved toward a cashless society. The 2015 Digital Vigilance Act mandated that all businesses must accept payment via the “National Wallet” app on KresiX devices. STP Credit has been since authorized to issue and manage government bonds.

While physical cash remains legal tender, large cash transactions (over ₭5,000) are flagged as “suspicious activity” by the Council for Internal Affairs, ostensibly to combat AFIM terrorism and black market smuggling in District X.

Coins and Banknotes

The “Sovereignty Series” (2016)

The current series of banknotes was introduced in 2016 to coincide with the digital transition. They feature advanced anti-counterfeiting measures and imagery celebrating the state.

Denomination	Color	Obverse (Front)	Reverse (Back)
₭10	Grey	The Vjetrusa Bird	The Kambel River embankment
₭20	Green	The forests of Severnivaraje	A KM-4 automobile
₭50	Blue	Sinj University (Science Block)	A Silver Pike Train
₭100	Red	General Dominik Loncar	The fortifications of Viskogorje
₭500	Purple	Filip Novak	The Assembly Building
₭1000	Gold	Lord Kresimir (Religious Iconography)	The text of the Constitution

Note: The inclusion of General Loncar on the ₭100 note was a concession to the Vjetrusa party to secure their votes for the 2016 budget.

The Digital Krejt

The Digital Krejt is not a separate currency but a centralized digital ledger managed by YakaSys on behalf of the Bank of Zvonomir.

• Surveillance: Every transaction made via the National Wallet is logged and accessible to the state. This allows the government to automatically deduct taxes and fines.
• “The Bosken Premium”: In District X, local activists claim that digital transaction fees are arbitrarily higher, and transaction times slower, than in Sinj. The state attributes this to “poor network infrastructure,” though the BLF calls it economic suppression.

While the physical currency is issued by the Bank of Zvonomir, the digital ecosystem is entirely outside the central bank’s direct control. The infrastructure is managed by YakaSys, and the financial clearing is handled by STP Credit. This separation of powers has led to conflicts, with Governor Matej Skoko frequently complaining that the Central Bank cannot audit the digital money supply.

Exchange and Value

The Krejt is not freely convertible on international markets. The Official Rate is set daily by the Bank of Zvonomir, while a “Grey Market” rate exists in border cities like Brod Moravice and Cetingrad, where traders exchange Krejts for foreign currency to import restricted goods.

Maj Holdings is one of the few entities with a special license to hold large foreign currency reserves, a privilege that allows it to dominate the import market and insulate itself from domestic inflation.