African merit
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| African Merit | |
|---|---|
 | |
| ISO 4217 | |
| Code | AFM |
| Denominations | |
| Symbol | M$ |
| Banknotes | 10, 20, 50, 100 |
| Demographics | |
| User(s) | Kingdom of Africa |
| Issuance | |
| Central bank | Royal Monetary Authority |
The African merit (AFM or M$), has been the currency of the Kingdom of Africa since 2020. It is normally abbreviated with the double crossed line on the M symbol similar to the Nigerian Naira, or alternatively M$ to distinguish it from other denominated currencies. It is divided into 100 cents. The African merit is issued by the Royal Monetary Authority which has not officially started distributing it.[1]
See also
References
- ↑ "The African Merit: A Game Changer for the Kingdom of Africa's Economy". AMC. Retrieved 29 April 2023.
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