State credit (PPDR)

Staatskredit der Pangawischen VDR (ger) State credit of the Pangavian PDR (eng) *Государственный Кредит Пангавской НДР (Госкредит)* (rus) 蓬高人民民主共和国国家信用 (cmn)**
Official users	Pangavian People's Democratic Republic

Symbol	₭ (K₭ for convertible credits)

Code	PSC (PCC for convertible credits)

Sub-units	Groschen

Coins	₭ 0.05, ₭ 0.10, ₭ 0.20, ₭ 0.50

Banknotes	₭ 1, ₭ 2, ₭ 5, ₭ 10, ₭ 20, ₭ 50, ₭ 100

Exchange rate	State credits non-convertible Convertible credits pegged to Euro

Central bank	Staatliche Notenbank (State reserve bank)

The Pangavian State Credit is the official currency of the Pangavian People's Democratic Republic.

Background

The state credit was created in order to replace the Euro and gain full control of monetary politics, now being independent from other European economics.

The currency is currently standardized by the socially necessary labor time needed for 500 grams of crops (averaging all main crop types) equalling 1 state credit.

For temporary visitors, who are not citizens of the PPDR, only the usage of the Convertible Credit is permitted.

Banknotes

2017 Series (Regular)

Obverse and reverse sides of the bank notes are nearly identical; the only difference lies in the golden security stripe and the serial number box, that are only shown on the obverse side.

Value	Dimensions	Main color	Description
₭ 1	8.8 x 17.5 cm	Green	Karl Marx German political philosopher, economist, sociologist, historian, journalist, and revolutionary socialist. His ideas later formed the Marxist school of thought.
₭ 2	8.8 x 17.5 cm	Red	Vladimir Ilyich Lenin Russian communist revolutionary, politician, and Marxist theorist. His theoretical and practical works developed classical Marxism into a new stage: Marxism-Leninism
₭ 5	8.8 x 17.5 cm	Violet	Mao Zedong Chinese communist revolutionary, politician, and Marxist theorist. His theoretical and practical works developed classical Marxism into a new stage: Marxism-Leninism-Maoism
₭ 10	8.8 x 17.5 cm	Blue	Ho Chi Minh Vietnamese communist revolutionary.
₭ 20	8.8 x 17.5 cm	Ochre	Friedrich Engels German philosopher, social scientist and journalist. Together with Karl Marx, he co-founded Marxism.
₭ 50	8.8 x 17.5 cm	Tan	Kwame Nkrumah Ghanaian communist revolutionary and leader of the first modern African national liberation movement.
₭ 100	8.8 x 17.5 cm	Dark Cyan	Emblem of the Pangavian People's Democratic Republic