Novo-Erecteutolectrocian Moneta

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The Novo-Erecteutolectrocian Moneta is the currency of the Commonwealth of Novo-Erecteutolectrocia. A design for banknotes is currently in the making process. The abbreviation of this currency is either NEM or 𝕄.

Novo-Erecteutolectrocian Moneta
(Thai): โมเนต้าโนโวอีเร็กทิวโทเล็กโตรเซีย
ISO 4217
CodeNEM
Number287
Denominations
Superunit
 1000Novo-Erecteutolectrocian Złoty
Subunit
 1⁄100Novo-Erecteutolectrocian Miedź
PluralNovo-Erecteutolectrocian Monety
Symbol𝕄
NicknameMoneta
Demographics
User(s) Commonwealth of Novo-Erecteutolectrocia
Issuance
Central bankNational Bank of Novo-Erecteutolectrocia Commonwealth
PrinterMinistry of National reserve
MintMinistry of National reserve
Valuation
Pegged withThai Baht
Value1 𝕄 = 10 ฿

History

On the date of 28 July 2023, where the first National Sejm official meeting was held, the topics about the Novo-Erecteutolectrocian Moneta was discussed. The Novo-Erecteutolectrocian Moneta has declared as the national currency since then. Currently, there is no any banknote published by the national bank yet and the Commonwealth still used THB as the main currency for exchanging goods.

Exchange rate

Once every week since the constitution has finished, the exchange rate will change every 1 week and also the prices of goods. But currently, due to unfinished National Statute on Currency, the exchange rate was locked into 10 THB.[1]

Month, Year THB/𝕄
August, 2023 ฿10
September, 2023
October, 2023
November, 2023
December, 2023
January, 2024
February, 2024
March, 2024
April, 2024
May, 2024
June, 2024
July, 2024

Note

  1. Said by the Commonwealth leader