Davonian dollar
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Davonian dollar | |
---|---|
Davonian Dollar | |
Denominations | |
Symbol | DDO |
Nickname | Dollar |
Banknotes | |
Freq. used | 1DDO |
Demographics | |
Date of introduction | 23 May 2023 |
User(s) | Confederation of Davonia State of Davonia, Confederation of Davonia |
Issuance | |
Central bank | Confederate Treasury of Davonia |
Valuation | |
Pegged with | 1.00DDO = 2.5USD |
The Davonian dollar is one of two official currencies of the Confederation of Davonia. It is also used by all autonomous states within the nation. It was created by the Confederate Treasury of Davonia on 23 May 2023, and was assigned a value of US$2.50. It is a digital-only currency, and can only be redeemed through the Confederate Treasury of Davonia. It does not have a design, as the Confederate Board of Davonia finds it unnecessary to have one, and chooses to focus on more important matters.
On 12 June 2023, the Secretary of the Confederation of Davonia, D, awarded the treasury US$100, meaning that there is a total of $40 DDO to be allocated among the citizens and government of Davonia.