Draft:Waitsland's kokolar
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Waitsland's kokolar | |
---|---|
Kokolar | |
Denominations | |
Subunit | |
1/100 | Ksent |
Symbol | KD |
Ksent | KC |
Nickname | Kolarek |
Ksent | Ksencik |
Banknotes | |
Freq. used | 10KD, 100KD, 1000KD. |
Coins | |
Freq. used | 1KD (Nickel), 10KC (Copper). |
Demographics | |
User(s) | -Free republic of Waitsland |
Issuance | |
Central bank | Waitslandian central bank |
Valuation | |
Inflation | 5.5475% |
The Kokolar was created on 31 December 2023 With the creation of a national central bank.
Etymology
The name comes from the largest export of our micronation - coconut.
Units
At the moment, the kokolar has three units: 1(coin), 10, 100, 1000. And the ksent only appears in the 10 ksent coin.
10 ksent coin
Value
The dollar value is calculated by taking the price of a ton unhusked coconuts in US dollars divided by 200.
Exchange rates
Currently, dollars can only be exchanged for PLN (Polish currency) at the central bank (the only legal currency exchange office in the country). On the day the central bank was established, 1KD was worth approximately PLN 0.98