Draft:Waitsland's kokolar

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Waitsland's kokolar
Kokolar
100 kokolars banknote
Denominations
Subunit
 1/100Ksent
SymbolKD
 KsentKC
NicknameKolarek
 KsentKsencik
Banknotes
 Freq. used10KD, 100KD, 1000KD.
Coins
 Freq. used1KD (Nickel), 10KC (Copper).
Demographics
User(s)-Free republic of Waitsland
Issuance
Central bankWaitslandian central bank
Valuation
Inflation5.5475%

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.

1000 kokolar example.

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