Paloman dinero
Paloman dinero | |||||
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Denominations | |||||
Symbol | $, PD$, P$ | ||||
Nickname | List of nicknames
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Banknotes | |||||
Freq. used | $10, $20 $50, $100 | ||||
Rarely used | 1$ | ||||
Coins | 1$, 20$ | ||||
Demographics | |||||
Date of introduction | December 30, 2019 | ||||
Replaced | Paloman Peso | ||||
User(s) | Paloma Idolas (Ikonia) | ||||
Issuance | |||||
Central bank | Federal Reserve Bank of Paloma | ||||
Printer | Bureau of Engraving and Printing | ||||
Mint | Paloma City State Mint | ||||
Valuation | |||||
Inflation | 5.37% | ||||
Method | CPI | ||||
Pegged with | 1.00 CUC = 1.00 U.S. dollar |
The Paloman dinero (symbol: $; code: FPD; also abbreviated PD$; referred to as the dinero, Paloman dollar, or colloquially dindin) is the official currency of Paloma and several other territories. The Printing Act of 2022 established the Paloman dinero at par with the United States dollar being pegged to it 1:1. Paloman banknotes are issued in the form of Federal Reserve Bank notes, popularly called monopoly due to their colorful reverses. The monetary policy of Paloma is conducted by the Federal Reserve Bank, which acts as the nation's central bank.
The Paloman dinero was originally called the Paloman peso however the Peso was replaced with the Dinero in December 2019 to avoid confusion with the Mexican or Filipino Peso.
Banknotes
Currently circulating, Paloman Dinero banknotes date from the first series that were made by Aidan McGrath in 2019.
Denomination | Obverse and reverse | Portrait | Reverse motif | First series | Latest series | Circulation |
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One Dinero | Tecumseh | Wayne County Building and Cadillac's arrival | Series A (2019) | Series E (2022) | Wide | |
Five Dinero | José Martí | State Seal of Paloma | Series E (2022) | Series E (2022) | Wide | |
10 Dinero | Karl Marx | Sibley Quarry and two crossed pickaxes | Series A (2019) | Series E (2022) | Wide | |
Fifty Dinero | Christopher Columbus | Lake Paloma | Series A (2019) | Series E (2022) | Wide | |
One Hundred Dinero | Francisco de Miranda | Paloman infrastructure | Series A (2019) | Series E (2022) | Wide |
Coins
Image | Value |
Colour | Description | ||||
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Obverse |
Reverse | Obverse | Reverse | Description | Date of Issue | ||
$20 | Brass plated Zinc | President Aidan McGrath and Vice President Jack Morris | 20 Dinero listed on back in Spanish and Braille with the national motto, surrounded by a Laurel wreath | Highest coin amount | 14 March 2020 | ||
$1 | 3d printed plastic | Persona of Paloma | Second highest coin amount | 21 April 2021 |