Pulaskian Dollar
| Pulaskian Dollar | |
|---|---|
 All Current Pulaskian Dollar Banknotes | |
| ISO 4217 | |
| Code | NPD |
| Denominations | |
| Symbol | ED |
| No Subunit, US coins used. | EC |
| Nickname | The Dollar of Division, The Forgotten Dollar |
| Banknotes | |
| Freq. used | $1, $5, $10, $100 |
| Demographics | |
| Date of introduction | 2022 |
| User(s) |  -New Pulaskia |
| Issuance | |
| Central bank | Bank of New Pulaskia, Treasury of New Pulaskia |
| Valuation | |
| Inflation | 102.4/102.1% (US Dollar inflation) |
The Pulaskian Dollar (NPD) is the official unit of currency within the Democratic Union of New Pulaskia. Though it is the official currency of New Pulaskia, the US Dollar is much more commonly used, as Pulaskian Dollars are currently only theoretical and not yet in circulation. The US Dollar is currently set at a permanently higher value than the Pulaskian Dollar, at a rate of $1 NPD to $0.50 USD. The name was first suggested in April or May 2022, but was not officially instated until after the Currency Debates of 2022, and the Pulaskian Dollar was created (officially under that name) on 8 October 2022.
Etymology
The Pulaskian Dollar is named for its most famous counterpart, the United States Dollar. The word originated from the English name for a German coin, daler and evolved into the modern dollar. Before becoming the Pulaskian Dollar, several other names were also proposed, with mostly unknown origins: Conkidant and conquidant by Joseph C, gallon (corruption of galleon) by Rebecca D and Kahlan H, galleon (a reference to the Harry Potter coin of the same name) and pound (British coin) by Ayden T, and, of course, the name of dollar, which would be chosen.
Units
The Pulaskian Dollar has so far been designed in 1, 5, 10, and 100 dollar units for usage within New Pulaskia alongside US coins and dollars. They each feature an important government official, and are individualized (as discussed in the Banknotes section). Currently there are no Pulaskian Dollars in official circulation, though it was originally hoped that they would be used to pay government officials, and that citizens might convert currency; though this has not yet occurred.
History
The Pulaskian Dollar first originated as an idea out of the mind of Joseph C, the 2nd Treasurer of New Pulaskia. He wished for New Pulaskia to have its own currency free from the rampant inflation of the US Dollar, and hoped citizens would convert their currency from USD to Pulaskian Dollars. In early 2022, it was discussed and decided that Joseph and Kahlan H, the 2nd Vice President of New Pulaskia, would team up to design the currency and set its value. This would not happen, however, until the next year, and by then Rebecca D had gained influence in the government and would enter as a factor in the design of the currency. The currency was a forgotten topic as the summer months resulted in less contact between members of New Pulaskia’s government, but by October it was becoming a hot topic. The design was set, but what caused the most debate was the name. Many names were suggested. Conkidant and conquidant by Joseph, gallon by Kahlan and Rebecca, galleon and pound by Ayden, and the dollar (possibly suggested by Ayden, but it is unknown who suggested this). The name “Pulaskian Dollar” had been used to refer to US dollars being used inside Pulaskia and a theoretical Pulaskian currency, but, after a crisis and attempted override of the naming process by Joseph, the situation calmed and the name “Pulaskian Dollar” was decided upon. Despite Joseph's repeated calls to pay government officials with Pulaskian Dollars, as well as claiming that a duel between himself and Gavin M would occur, with the victor receiving $20 NPD ($10 USD), the currency would not be printed, and its worth and banknotes remained theoretical. In late 2022, Eagle Arrows, a small archery-teaching business started by Brayden A, at the time Pulaskian Minister of Armed Services, began to take payments of $5 NPD ($2.50 USD), and advertisement spaces in the Pulaskian Times also began to charge $1 NPD ($0.50 USD) per ad, though this charge for ad spaces later disappeared for unknown reasons.. Following this, the short-lived Pulaskian Gazette held a Halloween Costume contest, with first set to receive $50 NPD ($25 USD), second to receive $25 NPD ($12.50 USD) and third to receive $10 NPD ($5 USD), though these would not be exchangeable for US Dollars. Joe's Treats, another small candy business started by Joseph, also began to charge $2 NPD or $1 USD for candies. There have also previously been pushes by Joseph to force currency conversion, a motion which was vehemently rejected, though more peaceful pushes, namely in October 2022, which would have rewarded those that converted their currency as a part of Pulaskia's "de-Americanization". Little to no Pulaskian dollars are in circulation as a result of the small cash flow from previous Pulaskian taxes and the currency remains one only in name, with no banknotes printed despite proposals and an agreement between President Ayden T and Pulaskian citizen Tucker M. As such, the currency is often mocked for "not existing". Charges for ad spaces in the Pulaskian Times have also been revived, starting in May 2024, charging $1 NPD ($0.50 USD), while the losing side of the Pulaskian Civil War, that of New Libertas, was forced to pay $2 NPD
Banknotes
The current denominations of the Pulaskian Dollar are the $1, $5, $10, and $100. The $1 features Ayden T, the first President of New Pulaskia. The $5 features Kahlan H, the 2nd and most important Vice President of New Pulaskia. The $10 features Joseph C, the 2nd Treasurer and designer of the banknotes, and the $100 bill features Rebecca D, most importantly (within New Pulaskia) known for being the first Minister of Commerce and first Minister of Education & Labor. All banknotes feature the Pulaskian Coat of Arms, the national motto, and an individualized code that allows it to be identified as real Pulaskian currency. Currently, new designs are being developed and prepared for the possibility of printing; as a result, the above may soon be subject to change.
Value
Each Pulaskian Dollar is worth $0.50 USD. Thus, the 1 is worth $0.50 USD, the 5 is worth $2.50 USD, the 10 is worth $5 USD, and the 100 is worth $50 USD. Coins other than US Quarters are not used widely, and when they are they are still used in US denominations. The theoretical minting of coins would simply mean that the value of the Pulaskian denominations divided by 2 would give the value of the theoretical Pulaskian coins. For example, 25 Pulaskian cents would equal about 13 US cents, and 10 Pulaskian cents would equal 5 US cents.
Legal Status
The Pulaskian Dollar is (as of now) solely used within New Pulaskia as a way to break from the traditions of the US. It is, as stated above, equal to $0.50 USD. As of now, this is the value, though several members of government have raised concern over people coming with hundreds of USD to exchange into Pulaskian Dollars. Other government officers, however, have noted that they will essentially be unusable outside of Pulaskia in stores and other locations. Inside Pulaskia, the Pulaskian Dollar is intended solely to pay government officials and possibly in buying and selling of goods produced by individuals within the nation (as of now).