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The Vix is a decimalised currency where one Vix is divided into 100 pence. It is currently pegged on par to the British Pound Sterling. The currency is regulated by the Bank of Scarlett and is minted in Snowby, St Scarlett.

Etymology

The penny is named for the British penny, the origins of the term are largely unknown but it is believed to have germanic origins, possibly from Low Franconia panding meaning a pledge or a dept to a pawn broker.

History

Within the territory some local currencies emerged in protest of Norway but they usually consisted of pieces of precious medal or simple barter, the Vix would not come in to play until independence.

In 1987 when St Scarlett became independent it at first adopted the British Pound Sterling, wanting to end its reliance on Scandinavia, but this was not popular with many citizens who wanted a stronger Skarlagen identity. In 1990 the Skarlagen Vixen was introduced but was almost identical to the British pound being both pegged to it and using similar coins and notes, it was renamed the Vix in 1991 but the subdivision retained the name "pence".

Over the years the currency became more unique with its famous square coins and banknotes emerging in 2012 under Erin Redwood's reign as Matriarch. The 20p coin was scrapped in favour of a 25p coin in 2003, and the Five Vix note was replaced by the Five Vix Coin in 2014, leaving just three remaining bank notes. The 2p coin was also scrapped in 2017.

Banknotes

The notes are all square shaped and are about the same size as a British bank note cut in half, the unique shape was chosen just to defy Norway and to further push St Scarlett as its own country. All three notes use the triangle shape from the flag, representing Skarlagen Fjell, and feature a large Vix symbol, a number representing the value of the note and text reading "Bank of Scarlett" in both English and Norwegian.

The ten is red, representing Saint Scarlett, the twenty and fifty are blue and yellow respectively representing the Haugen government. The ten features President Astrid Haugen, as well as the logo of the Republican Party, it has been agreed this will not change if a new president is elected but may some day in the future be altered. The twenty features Skarlagen Fjell, which interestingly means the mountain is featured twice on that particular note as the triangle on the left is also meant to represent the peak. The flag of Redland, where Skarlagen Fjell is located, is also featured. The fifty features an image of the national animal, the Arctic Fox, alongside its latin name Vulpes lagopus.

The reverse side of the notes does not feature the triangle and features the Grand Matriarch, Kari Erland, along with her title on all three notes. Prior to 2020 Erin Redwood was featured instead, this was the only change made to the 2020 notes with the obverse sides retaining their 2018 designs.

Before 2018 the notes were coloured red (10), white (20) and black (50) and all featured the national emblem on the obverse side, this was the case from 1987 all the way to 2018 when the Haugen government was formed. The former Five Vix note was dark blue, representing the oceans around the nation and later Scotland once Erin became matriarch, with the Scottish Saltire being featured alongside the national emblem.

Obverse	Reverse	Banknote	Value
		10 Vix Note	℣10
		20 Vix Note	℣20
		50 Vix Note	℣50

Coins

The designs are relatively similar, all heads sides feature the national emblem, the country's Norwegian name and the year of printing.

The tails sides feature the value of the coin and small symbols, the Vixen from the national flag, a cross representing the Catholic faith and a heart representing the Skarlagen people. Prior to 2018 the heart was absent from the Vix coins, instead a mirror of Venus was featured.

The penny, five pence and fifty pence coins are made from nickel, the ten and twenty pence coins are made from brass and the Vix coins are made from copper, giving them their distinct silver, gold and bronze colours.

Obverse	Reverse	Coin	Value
		Penny	1p
		Five Pence	5p
		Ten Pence	10p
		Twenty-Five Pence	25p
		Fifty Pence	50p
		One Vix Coin	℣1
		Two Vix Coin	℣2
		Five Vix Coin	℣5

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