Packilvanian dinar: Difference between revisions
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The PCB tightly controls the exchange of the Dinar. It sells currency certificates on the Packilvanian Currency Exchange Bureau for auction which allow the bearer to exchange them for dinars on demand from the PCB. Through manipulating the amount of currency certificates sold at the PCEB, the PCB can control the availability of the currency. Thus, it has used this power to undervalue to the Dinar to make its exports more attractive. The [[Auroran Central Bank]] and the [[North Concordian Economic Forum]] were vocal against the sudden devaluation of the dinar in 2021. Through their protests and sanctions, the PCB raised the value of the dinar. |
The PCB tightly controls the exchange of the Dinar. It sells currency certificates on the Packilvanian Currency Exchange Bureau for auction which allow the bearer to exchange them for dinars on demand from the PCB. Through manipulating the amount of currency certificates sold at the PCEB, the PCB can control the availability of the currency. Thus, it has used this power to undervalue to the Dinar to make its exports more attractive. The [[Auroran Central Bank]] and the [[North Concordian Economic Forum]] were vocal against the sudden devaluation of the dinar in 2021. Through their protests and sanctions, the PCB raised the value of the dinar. |
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[[File:Packilvanian dinar banknote 48.png|left|thumb|500x500px|48 Packilvaniain dinar banknote depicting a stylized version of [[Iktan the Devout]] as the main portrait as well as him mounted on a horse with his soldiers as they unified Packilvania]] |
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Revision as of 17:43, 24 August 2022
| Packilvanian dinar | |
|---|---|
| LuDinar aluBakhilfaniya (Packilvanian) | |
| ISO 4217 | |
| Code | PXD |
| Exponent | 3 |
| Denominations | |
| Subunit | |
| 1/144 | Fil |
| Plural | Dinars (Packilvanian: leDinar) |
| Fil | Fils |
| Symbol | ₱ |
| Fil | f |
| Nickname | Paddy (in South Hills) |
| Banknotes | ₱48, ₱72, ₱144, ₱288, ₱864, ₱1,728, ₱3456 |
| Freq. used | ₱72, ₱144, ₱288, ₱864, ₱1,728, ₱3456 |
| Rarely used | ₱48 |
| Coins | 1 fil, 3 fil,12 fil, 48 fil, 72 fil, ₱1, ₱3, ₱12, ₱48 |
| Freq. used | ₱1, ₱3, ₱12, ₱48 |
| Rarely used | 1 fil, 3 fil,12 fil, 48 fil, 72 fil |
| Demographics | |
| Date of introduction | 1,700 BCE |
| Replaced | None |
| Replaced by | None |
| Official user(s) | Packilvania |
| Unofficial user(s) | Allegheny |
| Issuance | |
| Central bank | Packilvanian Central Bank |
| Printer | Packilvanian Security Printing Company (PSPC) |
| Mint | Imperial Packilvanian Mint (IPM) |
| Valuation | |
| Annual inflation rate | 4% |
| Value | Managed exchange |
The Packilvanian dinar is the official legal tender of the Sultanate of Packilvania. It is the oldest continuously used currency in the world, having been introduced in 1700 BCE. It was originally a unit of measurement for gold among the central Yasterian nations. The Demir dynasty took over the issuance and minting of dinar coins upon the takeover of Saidun the Conqueror. They introduced paper currency in 1400 CE. The Communist regime took over the currency in 1917 up to 1987 when the Paxist regime returned to power under Sultan Amhoud I. It evolved into a fiat currency in the 20th century under the management of the Packilvanian Central Bank.
The PCB tightly controls the exchange of the Dinar. It sells currency certificates on the Packilvanian Currency Exchange Bureau for auction which allow the bearer to exchange them for dinars on demand from the PCB. Through manipulating the amount of currency certificates sold at the PCEB, the PCB can control the availability of the currency. Thus, it has used this power to undervalue to the Dinar to make its exports more attractive. The Auroran Central Bank and the North Concordian Economic Forum were vocal against the sudden devaluation of the dinar in 2021. Through their protests and sanctions, the PCB raised the value of the dinar.
