Draft:Cupron

From MicroWiki, the free micronational encyclopædia
Jump to navigation Jump to search
  • Comment: Needs more content, primarly images, and too many redlinks. The rest is good enough. Fraildenese State Fraildé Dliarfétalk 16:58, 30 October 2023 (UTC)

  • Cupron
    Cupron
    Denominations
    Subunit
     1/10Safiro
    PluralCuprea
     SafiroSafira
    Symbol
     SafiroƧ
    NicknameCurt
     SafiroSaf
    Banknotes
     Freq. used₡20, ₡50, ₡100
     Rarely used₡200 (Still printed), ₡250
    Coins
     Freq. usedƧ1, Ƨ2, Ƨ5, ₡1, ₡2, ₡5, ₡10
     Rarely usedƧ3 (Obsolete), Ƨ6 (Obsolete), ₡12
    Demographics
    Date of introduction2023
    User(s) Atlantean Federal Republic
    Issuance
    Central bankAtlantean Federal Government

    The Atlantean Cupron, known as Cupron, is the official currency of the Atlantean Federal Republic. It was created on 16 March 2023.

    Etymology

    The name "Cupron" was derived from latin "cuprum", which meant "copper". It was named so because the original Atlantean coins were made of copper.

    The name "Safiro" was derived from greek "ζαφείρι" (Romanization: zafeiri), which meant "sapphire".

    Units

    The Cupron was partially correlated to the United States dollar, with exchange rate approximately equal to $1:₡14. A Safiro is designated to equal to 1/10 of a Cupron.

    History

    It was created by Rovianastor Slant on 16 March 2023. His proposal was not supported by the members of the congress then, seeing that the currency will not have any real value after creation. However, Slant modified his original proposal and it was eventually passed in the next Congress section. It was ratified under the Act number 15, the Currency Act.

    Coins and Banknotes

    Coins and banknotes are designed but not actually printed. The portraits on coins are mainly scientists, including Stephen Hawking and Nikola Tesla. On banknotes, the portraits are people who contributed to the country, including Rovianastor Slant and Brian LeBlear.

    Value

    The values of the Cupron and Safiro are backed by the national reserve of Atlantis. The value of a Cupron is designated to be 1/10000 of the national reserve or 1/14 of a USD, whichever is lower. The current national reserve of Atlantis is 1020 USD.

    Exchange rates

    Year w:United States USD w:United Kingdom GBP w:European Union EUR w:Japan JPY w:Canada CAD w:Taiwan TWD w:Russia RUB w:India INR
    2024 $0.07 £0.05 €0.06 ¥8.15 CA$0.09 NT$2 ₽8.8 ₹5.43

    Legal status

    It is one of the two official currencies of the Atlantean Federal Republic.

    See also