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WMA Credit |
Republic of Atlantis
Empire of Starland
Los Bay Petros
Kingdom of Istoria
Kingdom of Emerald Isle
25px Free Kingdom of Hansation
Confederate Protectorate of Andalusia
|Pegged to||Swiss Franc|
|Coins||.10 ₦, .20 ₦, .50 ₦, 1 ₦, 2 ₦|
|Banknotes||5 ₦, 10 ₦, 20 ₦, 50 ₦, 100 ₦|
|Central bank||Economic Council of the WMA|
The WMA Credit was created on the 2nd December 2010. It was a cross-national currency for the members of the WMA. It had an opt out policy meaning when a nation entered the WMA it started usage of the Credit and could leave the "Credit Zone" at a later date. It could also be used by non-WMA members with prior knowledge of the WMA.
The WMA Credit was the official currency of the WMA. It was used by the organizations members to conduct any financial dealing between each other. It wasn't broken down into a sub unit but into decimals of a Credit e.g. .50 of a credit. The currency ran alongside any native currency, for example in the USLSSR both the Ruble and the WMA credit were used.
The idea behind the currency came from Alex Whitmarsh the Vice Secretary-General at the time. He believed a united currency would bring the members closer together economically and culturally.
As of December 3, 2010 the banknotes were still being designed. The WMA collapsed in June 2011.
The WMA Credit is pegged to the Swiss Franc at parity.
.10₦ = 10 centimes/Rappen
1₦ = 1 franc
1 (One) ₦ buys: (as of 24 January 2018)
- 01.0575 U.S. Dollar
- 00.8526 Euro
- 08.19 Norwegian Krone
- 08.38 Swedish Krona
- 01.3126 Australian Dollar
- 01.3055 Canadian Dollar
- 00.7425 Pound Sterling
- 115.45 Japanese Yen
- 59.41 Russian Ruble
- 12.55 South African Rand
|Bills in circulation|
|1 WMA Credit||Alexander Connery|
|5 WMA Credit||Alex Whitmarsh|