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| Valorem |
|Official users||The Parlimentary Republic of Remland|
|Pegged to||$0.01 USD|
|Coins||℣½, ℣1, ℣2|
|Banknotes||℣50, ℣100, ℣500, ℣1,000|
|Central bank||Remainian National Treasury|
|Printer||Remainian National Treasury|
The Valorem (sign: ℣; code: RVC) is the official currency of Remland. It was created on 4 April 2018 as result of the Treasury and Currency Act. The maximum amount allowed in circulation equates to the amount of US Dollars in reserve, with a 0.001% to 0.01% monthly inflation rate being allowed, but not manditory.
The word Valorem is a direct translation of the world value to latin.
All banknotes of the Remainian Valorem are single-sided, due to limited priting capabilities.
|Picture||Value||USD Exchange Rate|
While very crude, Valorem coins are currently in circulation, with denominations of ℣½, ℣1, and ℣2. The amount of coinage in circulation is limited due to the coins needing to be manually manufatured. Currently, no means of advanced minting are available.