The Concordian Dollar is one of the official units of currency in the Concordian Republic, alongside the Australian dollar. It has been in use since early March 2022, however physical currency has not yet been manufactured. There are plans for a coin minting facility to open in the Concordian capital of Kersika, nearby the active Printing Kersika Mint. The Concordian dollar is pegged to the Australian dollar, at a rate of AU$1.50 to CN$1.
Denominations and classification
The Concordian dollar is split into 100 centimes, commonly referred to as cents. It's official symbol is CN¢, but it is primarily noted as 'c' in the context of the Concordian dollar. The Concordian dollar can be further split into 1000 millines (CNm), however these are typically only used in professional financial cases, such as investment or taxation. The Concordian superdollar denotes 1000 Concordian dollars, and is denoted as CN§. It is rarely used in practice, and is primarily used as a novelty token. The Concordian dollar is unofficially given the ISO code of CND.
Value
The Concordian dollar is pegged to the Australian dollar, at a rate of CN$1.00 to AU$1.50. A decentralised Concordian dollar could concievably occur, however would require an extensive internal economy to prevent a crash. The Concordian dollar is also used as the primary currency on the Concordian Stock Exchange.
Mint
The Concordian dollar has been minted as only $3 notes (primarily novelties), however no coins or formal notes have been produced. Included above are the projections for a Concordian $1 coin. The Ministry of Internal Policy has reached out to multiple mints to receive quotes. The Concordian Republic's President has stated that he intends to invest the first government bonds and taxes into a printer, allowing them to routinely print Concordian dollar bills. Eventually, they aim to have a furnace and moulds to mint their own coins.
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Concordian Republic
