Chechnyan-Herzegovinian Dollar
| Chechnya and Herzegovina Dollar | |
|---|---|
| Denominations | |
| Subunit | |
| 1/100 | Chechnya and Herzegovina Cent |
| Plural | Chechnya and Herzegovina Dollars |
| Chechnya and Herzegovina Cent | Chechnya and Herzegovina Cents |
| Symbol | CHD |
| Chechnya and Herzegovina Cent | CEC |
| Nickname | The Herz-Dollar |
| Chechnya and Herzegovina Cent | Cent |
| Banknotes | |
| Freq. used | CHD1, CHD5, CHD10, CHD20, CHD50, CHD100 |
| Rarely used | CHD2 (still printed); CHD500, CHD1,000, CHD5,000, CHD10,000 (discontinued, still legal tender) |
| Coins | |
| Freq. used | CEC1, CEC5, CEC10, CEC25 |
| Rarely used | CEC50, CHD1 (still minted); CEC½ CEC2, CEC3 (Nickel); CEC3 (Silver); CEC20, CHD2.50, CHD3, CHD20 (discontinued, still legal tender); CHD5, CHD10 (legal tender, now commemorative only) |
| Demographics | |
| Date of introduction | 2023 |
| Source | Official Announcement |
| User(s) |  -Chechnya and Herzegovina |
| Issuance | |
| Central bank | Chechnya and Herzegovina Central Bank |
| Valuation | |
| Inflation | 3.141592% |
The Chechnya and Herzegovina Dollar (CHD) was officially introduced on March 10, 2023, marking a significant milestone in the nation's economic history. Prior to the adoption of the Chechnya and Herzegovina Dollar, the two regions, Chechnya and Herzegovina, had their own distinct currencies.
In Chechnya, the currency in use was the Chechen Naxar, while in Herzegovina, they relied on the Bosnia-Herzegovina Convertible Marka. These separate currencies reflected the unique cultural and historical backgrounds of each region.
However, the introduction of the Chechnya and Herzegovina Dollar represented a unification of the two regions under a common currency, symbolizing their shared commitment to unity and cooperation. This new currency not only streamlines economic transactions within the nation but also reinforces the bond between Chechnya and Herzegovina.