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Anyone feel free to check this map for mistakes. Benkarnell

Louisianne's a bit wonky. Otherwise, it looks relatively good. There may be a change if we ever get around to truly creating the CaL. BoArthur 17:19, 29 August 2008 (UTC)

Hm. Yes, the borders in North America never looked quite right to me. You can edit this thing with MSPaint, so feel free to fix it if you have the time and desire. Benkarnell 20:16, 29 August 2008 (UTC)

Possibly right now the Nam Viet currency, the Bạc, is already attached to the East Asian federation currency. So I think Nam Viet should be coloured in green.--Pedromoderno 14:28, 26 September 2008 (UTC)

The Bac is pegged to the East Asian Currency.BoArthur 16:50, 23 January 2009 (UTC)

Might there be one for Russia and it's breakaway states? Seth 05:13, 18 February 2009 (UTC)

It'd certainly be a possibility. The Turkestani Som predates their Snorist government, and I haven't discovered anything that indicates that it was ever pegged to Russian currency or anything like that. I know that the Uygur Som certainly used to be pegged to the Rouble (at one-and-one-third Som to the Rouble, IIRC), but apparently that's no longer the case. As far as Mongolia and the European Snorist states go, I have no information. Geoff 23:54, 18 February 2009 (UTC)

Fantastic map! The only quibbles I note off hand: New Iceland and New Sweden should be blue (they're provinces of the NAL and use the American pound, though they have Riksmal names); Zululand should also be blue, since it's a member of the Commonwealth. Ireland should not be blue, since its currency isn't made to the same standard as the Commonwealth.

I leave it to your discretion whether to make Tejas blue or not: since the restoration, its peso is equal to the NAL shilling (not pound). Its currency system is otherwise not compatible with the NAL's system. I also leave to your discretion New Francy, since their piastre is equal to the Commonwealth pound. Curiously, folks up in New Castreleon, AQ and ON often find NF dixin denominated coins (which they call "dixies") in their change purses (the dixin = 2s, 2 dixins = 4s and 5 dixins = 10s), and the piastre denominated notes sometimes circulate in the NAL as well. Americans have been known to throw centims back at careless clerks, though. Useless foreign rubbish, you know. Elemtilas 02:26, 2 July 2009 (UTC)

NF should definitely be blue, I'd think, but probably not Tejas. Maybe the distinction should be like in biology: two currencies should be considered non-equivalent if they can't produce fertile offspring (i.e., easily use without exchanging, rounding, or making unusual calculations) in one another's countries. I just missed the grainage for Ireland's coins; I simply looked at the l/s/d divisions and assumed they were mere translations of the Commonwealth money. I'll also add blue to Zulu, NS, and NI. The Commonwealth expands yet again. Benkarnell 02:54, 2 July 2009 (UTC)

I believe that sliver of grey next to Greece is Xliponia. So: Please colour it yellow! We have joined, you know. Kyrmse 14:31, 2 July 2009 (UTC)

Before I upload yet another version, I want to clarify Xliponia. They're a European Federation member, but it seems pretty clear that they don't use EF currency - they have the xlipo (and its bizarre single subdivision). This is a map for currencies, not simply international blocs.

[EDIT] In southern Africa, there are two small countries (Lesotho and Monomotapa, I believe) that likely use Commonwealth currency, being totally surrounded by Commonwealth countries. Then again, Grand Fenwick is even smaller and surrounded by the EF, yet hasn't given in. So maybe I should leave both countries uncolored until we know more about them.

[EDIT AGAIN] From the article, it seems like the Riksdaler is legal tender in New Sweden and New Iceland - like all SR territories, they can use the Riksdaler along with a local currency; it just so happens that their local currency is the American pound, as I understand it. I'd imagine not many people use Riksdalers over there, but I think I'll leave them slashed with red since de jure SR currency can be used there. Oldenburg is the same way - it had been pure yellow, but should be yellow and red.

Benkarnell 13:12, 23 July 2009 (UTC)

That seems to be some kind of "equivalency" scheme more than a functioning currency. For all practical purposes, the NAL pound, expressed in Riksmal punds, is the currency of daily life in New Iceland and New Sweden -- and very likely, most of the banknotes most people in New Sweden ever see are predominantly English and Brithenig by language, given that so many residents work in Philadelphia especially, Baltimore, Pentapolis and New Amsterdam. Also, there is no such thing in the NAL as province specific currencies -- so, no "Tenisi pennies" or "Ouisconsin shillings". If any kind of SR denominated equivalence money exists in the NAL, I'd imagine it's pretty rare. That really because the NAL itself based its currency on that of the British imperial system, long before NI and NS joined. When they joined, they weren't really in a position to demand their own special currency. If they wanted that, they could have chosen to remain an integral part of the SR. That said, obviously some kind of compromise was eventually reached that allowed for the development of the American-Scandinavian equivalence currency.

As for those countries surrounded by South Africa, Zululand uses the Zulu pound, and it is a Commonwealth currency. Grand Fenwick uses a "Fenwickian pound" but I'm not aware of what its equivalence is.

As for Xliponia, it basically would have a non-voting minister in the Federation. The FK and SR are in a similar position, but being major economic blocks, probably their ministers have more clout. Elemtilas 03:43, 26 July 2009 (UTC)

The mainland portion of Mueva Sefarad got left out of the NAL (again) :-P Steg, a.k.a. Boroparkpyro 17:44, 30 July 2009 (UTC)

Contents 1 Pegged Currencies 2 Dalmatophone States 3 India 4 Nassland 5 Himalayan Confederacy

Pegged Currencies

How are currencies that are pegged in value to other currencies shown? For example, here, the Yuan has been pegged to the value of the dollar. *There* the ecu is pegged to the American Pound. BoArthur 15:36, 23 July 2009 (UTC)

Well, every currency is pegged, as it were, to the silver standard. Currencies *there* don't drift around like they do *here*. When I pegged the pa'una to the lo, I assumed that to mean that the pa'una has no actual silver content, but is based on reserves of Japanese currency. Benkarnell 18:25, 23 July 2009 (UTC)

You make a good distinction between different kinds of "pegging" that you can do with currencies. Obviously, you're correct that any metal currency is "pegged" to the value of the metal content itself. In practical terms, this means that paper banknotes that are payable in metal àre "money".

The other kind of pegging involves not having a hard metal currency but rather a kind of "convertible currency" that relies on stocks of other currencies that are metal in nature. So, in the NAL, a five pound note means that the NAL has five pounds worth of refined metal somewhere and upon demand will surrender same in exchange for the five pound note -- the five pound note is thus "money" every bit as much as the metal is "money". The world economy largely works by allowing for the relatively free exchange of such slips of paper that claim to be worth real money. This is probably also one reason why there are so many *large* currency blocks -- safety in numbers! In some other countries, they don't want to be bothered with storing and minting their own metal currency so in stead "peg" theirs to a metal currency. The slips of paper these countries emit as money are not "money" in the same sense a French or American banknote is. In stead, these are backed by reserves of paper banknotes of those other countries (such as they can manage to scrape together). Faith in these currencies is only possible in so far as it's possible to exchange the local currency for a good foreign banknotes (not always possible) and in so far as the next person in the economic web will accept the local paper as a reliable medium of exchange. If something happens, perhaps a sour election destabilises the government or a regional war sours local tourism or export capacity, why should people happily accept government banknotes if they can get stable foreign money? Good money will thus be hoarded and the value of the local currency can thus plummet with the relative fortunes of the country itself.

As a rule, these currencies always trade a varyingly steep discount as compared to a metal currency -- just because the local governemnt says its pa'una is worth the same as the Japanese lo, doesn't mean that a visitor to Japan will get close to the same number of lo as he has pa'una. This is because in Japan, the pa'una is a meaningless slip of paper. It's a dangerous game for countries to play (the more so because they tend to be small countries without great economic power) because the currency's value rests more on the world's confidence in the local government than it does on any real or fictitious stocks of solid world currencies. The mistrust derives from the ease with which such countries can inflate their claimed stocks of pegging currencies and thereby also inflate their actual cash supplies. In other words, it would be very easy to report 160000 lo in a vault that really only has 100000. If there are 160000 pa'una out there, that spells trouble! (The same trouble our fiat money gets us into -- inflation.)

Other kinds of pegging involve depositing an amount of backing currency with a foreign national bank and then contracting them to print an amount of currency notes based on the amount of backing. The Bank of Dunein can offer this service, and since control of the currency would be in the hands of the Bank, a small foreign country couldn't get itself into inflationary trouble. Another involves pegging a currency to the value of a company (the local currency in the Unincorporated Territory does this to a large extent, and is thus one of the rare currencies in the world whose worth is based on the labour of the People rather than the stated value of a piece of metal) or to the wealth of a person (the private currency of Lundy is guaranteed not by Kemr or Dunein but by personal deposits made by Andrew Morris). Elemtilas 03:43, 26 July 2009 (UTC)

Well, Henua does like to live dangerously ;-).

Honestly, reading that at first made me reconsider whether Henua would play that dangerous game rather than simply outsource its currency to the Bank of Japan or Chile or somesuch. But it is much more fitting to their culture to attempt to go it alone and trust the gods and their reserves of lò to stay afloat. Fortunately the country has been very stable for the century that it's had a currency. Also, I don't think that anyone, including Henua's government, uses pa'una for transactions in other countries.

But Padraic, could you look closer at a couple of moments in Henua's monetary history, just to check them for plausibility? Because you understand the ins and outs of this much more than I do. Henua's big currency crisis would have happened in the 1950s, when Japan had a civil war and its money lost all its value. I can imagine that international aid would carry the island through for a short while, but after the dust settled I have Henua hopping right back and basing its currency on the new lò, at the same rate of exchange. Hindsight shows that that was a good move - Japan has been very stable - but from the perspective of the 1950s that seems like a very dumb move. But then, politicians often make dumb moves, don't they?

Secondly, I have inflation becoming a problem in the 90s with tourism on the rise. The solution was the Revaluation of 1993, when the value of 4 pa'una was increased from 6 lò to 7. In my mind, this was possible because the growth in tourism had increased the country's reserves. Do I need to be corrected?

Benkarnell 18:01, 26 July 2009 (UTC)

Everything seems to be in order... I think that so long as most pa'una are used withìn Henua and not exported, there shouldn't be a problem. Because exported pa'una that get collected by a foreign bank will eventually try to find their way home, and foreign banks might not be so willing to accept the tourist exchange rate! Quite possibly, many places in the world wouldn't exchange pa'una anyway (largely depends on how easily they can get rid of it by getting it back to Henua). Same thing happens *here*, so most visitors to Henua will try to get rid of any extra money they've got in their pockets.

I suppose that after the civil war, Japan could have redeemed all or some portion of Henua's reserves of old lo. If post-civil-war Japan refused to redeem the old money, then perhaps Henua's government could use that foreign aid money to prop up the currency. Since you say they hopped right back on to the new lo bandwaggon, I would suspect that Japan made good on the old lo held by Henua. I don't see a great issue there. I suppose that in the aftermath of the Japanese civil war, there could have been widespread panic in Henua and considerable debate in government as to how to proceed. Perhaps there were proposals to switch to a different base for the pa'una; perhaps Japanese officials came through at the last minute and averted a more serious crisis in Henua?

Inflation is a very real problem especially for economies like Henua that are so heavily reliant on one sector. A revaluation like that sounds like Henua has an official exchange rate that is set by government decree (much like *here*'s Cuba), so anyone visiting the country has the choice of playing it safe and exchanging for pa'una at an official kiosk or else running the risk of legal entanglements by finding a black-market source for cheaper pa'una. A lot of countries *here* do that, so I don't have much of a problem with that. Certainly, an increase in tourism will also bring an increase in foreign currency. Restricting how much foreign currency can leave the country or charging fees on exchanging back into foreign money or setting limits on pa'una denominations that can be re-exchanged for foreign currency upon leaving Henua will also affect the amount of foreign currency in the coffers. Having in place a convenient way of separating an about-to-depart tourist from his remaining pa'una will not only help keep money ìn Henua, but will also soothe his ruffled feathers. I'm sure the aerodrome authorities have hit upon the idea of some kind of duty free shopping experience where tourists can spend down their remaining pa'una? Makes everyone feel better, and the tourist feels like at least he's gotten something for the extra money he had in his pocket! Another handy way to stick donation kettles in conveniently located areas of the aerodrome -- unwanted change can just be tossed into the kettle and distributed to worthy local causes. Elemtilas 20:00, 26 July 2009 (UTC)

Dalmatophone States

The Dalmatophone states don't have a currency union amongst themselves! Dalmatinac 02:47, 24 June 2010 (UTC)

There was a hint somewhere that they did, but it wasn't clear and you weren't around when I made it. Off it goes. Benkarnell 15:04, 26 June 2010 (UTC)

I did toy with the idea of a Dalmatophone equivalent of *here's* CFA franc, but never did do anything with it. Dalmatinac 15:33, 26 June 2010 (UTC)

You missed the mention of the Dalmatophone states in the key. - Geoff 06:15, 27 June 2010 (UTC)

India

I was under the impression that the nations in India (If India can be said to exist) that had adopted common weights and measures also were in a currency union (see South Asian Nations). Is this dated/wrong? --Quentin 17:19, 5 February 2011 (UTC)

As I understood it, the currencies all have the same names and denominations, but different values from country to country. But there has been lots of India/South Asia development lately... maybe Charlie can clarify? Benkarnell 14:47, 8 February 2011 (UTC)

Mea Culpa. --Quentin 02:19, 15 February 2011 (PST)

Nassland

Nassland should be red, cos since 1849, renewed in 1952, its currency is directly bound to rigsdaler. Jan II. 08:35, 8 February 2011 (UTC)

Himalayan Confederacy

The seven Himalayan nations are in a currency union: 1 rupee = 20 annas = 240 paise. Caeruleancentaur 16:18, 18 January 2018 (PST)