Pulaskian Dollar

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Pulaskian Dollar
All Current Pulaskian Dollar Banknotes
ISO 4217
CodeNPD
Denominations
SymbolED
 No Subunit, US coins used.EC
NicknameThe Dollar of Division, The Dollar of Greatness
Banknotes
 Freq. used$1, $5, $10, $100
Demographics
Date of introduction2022
User(s)-New Pulaskia
Issuance
Central bankBank of New Pulaskia, Treasury of New Pulaskia
Valuation
Inflation100%

The Pulaskian Dollar was created (officially under that name) on 8 October 2022. The name was first suggested back in April or May 2022, but was not officially instated until after the Currency Debates of 2022. Other names suggested were conkidant, conquidant, gallon, pound, and galleon. The U.S. Dollar is also used within New Pulaskia alongside the Pulaskian Dollar.

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.

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 talked about in the Banknotes section). Currently there are no Pulaskian Dollars in official circulation, but it is predicted that after Pulaskian Tax Day 2022 they will be used to pay government officials.

History

The Pulaskian Dollar first originated as an idea out of the mind of Joseph Crumpler, 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 many would convert their currency. In early 2022, it was discussed and decided that Joseph and Kahlan H, the 2nd VP 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, conquidant, gallon, galleon, pound, and dollar. The name “Pulaskian Dollar” had been used to refer to US dollars being used inside Pulaskia, but, after a crisis and near takeover by Joseph, the situation calmed and the name “Pulaskian Dollar” was decided upon. Since then there have been pushes by the Treasurer to force currency conversion, a motion which was vehemently rejected. 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.

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 Higgins, the 2nd Vice President and the 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 as the first Minister of Commerce and Education and 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.

Value

Each Pulaskian Dollar is worth 50¢ (U.S.). Thus, the 1 is worth .50¢, the 5 is worth 2.50$, the 10 is worth 5$, and the 100 is worth 50$. Coins are not used widely, and when they are they are used in US denominations. The theoretical minting of coins would simply mean that the value of the US denominations divided by 2 would give the value of the theoretical Pulaskian Coins. For example, 25 US cents would equal about 13 Pulaskian Cents, and 10 cents would equal 5 Pulaskian 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 50 US ¢. As of now, this is the value, though several members of government have raised concern over people coming with hundreds of dollars to exchange into Pulaskian Dollars, but the government has noted that they will essentially be unusable outside of Pulaskia in stores and other. Inside Pulaskia, it is simply used to pay government officials (as of now).