Packilvanian dinar: Difference between revisions

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| unofficial_users = [[Allegheny]]
| issuing_authority_title = Central bank
| issuing_authority = [[Packilvanian Central Bank]]
| printer = Packilvanian Security Printing Company (PSPC)
| mint = Imperial Packilvanian Mint (IPM)
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}}
 
The [[Packilvanian dinar]] is a [[Reserve currency|beta world reserve currency]] that is the the official legal tender of the Sultanate of [[Packilvania]] and [[Musetszna]]. 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 [[Zubraynite dynasty]] introduced paper currency in 1400 CE. The [[Packilvanian Communist Party|Communist regime]] took over the currency in 1917 up to 1987 when the [[Paxism|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.
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