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Currency Exchange Services and Listings by Fuger Bank located in Trier, Eiffelland.V2

Dalriada

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Little Poland
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WelshJaffaCake
I am re-birthing this thread


Please send me a PM explaining why you think the amount of inflation is unfair.Same methods and rules used like the last one;

"The following list is provided by Fuger Bank™ to show the current currency rates in Europe. The system involves currencies set to a rate of gold. Originating from humble beginnings that date back to the 14th century, Fuger Bank is a one of the largest private banks in Europe that operates in countries Europe-wide."

Table 2.0
Currency1oz.gold1 USD ($)Sub-unitCentral Bank
US Dollar ($) 35.000 1.00dollar $Federal Reserve
Eiffellander Mark (ELM)
35.204​
1.006​
PfennigEiffelländische Nationalbank
Ivernian Ór (Ǿ)
NVS​
Argat (₳)Bank of Ivernia
Ducat (Df ) 63.947 1.140Pecunia (Pc​)Royal Bank of Mehldorf
Hyperpyron (Ὑπ ) 79.1822.743Trachy (τρ ) Vasilikē Trapeza tēs Pelasgias
Bonn (฿) 1.155.000 33000N/AVank Kengladec
Lira(₤)NVS 347[FONT=&amp]Rina[/FONT] (rn.​)Banca Nazionale di Furzillo
Livre NVS126CentimeThe People's Treasury Bank
Gouw Markense Kroon (GMKr)1917,2337.580Oordje (O)Prinsbisschoppelijke Reserve (PBR)
ötNVS75.3yüzSaltanatın Merkez Bankası
Kořint (₭)853.414 ₭24.390 ₭Foruňa (₣)Národní Banka Núfrúedane Pokladny
Lovisan Dag (Ð) & (LSD)96.677 Ð2.763 ÐRaf (rf) Narodowy Bank Lovisy (NBL)

1: These currencies are set to the rate of gold and the US Dollar as of 1956
*: NVS stands for "No Value Set" which is in reference to the nation (player) not yet announcing the currency value in relation to an ounce of gold or the US Dollar.

I shall decease everyone who put their currency on the first one by 12% since that this amount the dollar inflated between 1950 to 1956. The price of 1oz gold will stay same because it changed by 10 cent so unless your inflation rate is above 12%.Please tell me if your same nation on the last one but with a different name

Inflation rates will go up every 6 months to a year depending on world events in RP even if I am busy or working away message me on here or skype I am sure I can found time to change it.

@ I just automatically decease the value of your currency by 40% due to your civil war.

@ i & @ I guess you guys like other communist nation in RL did a lot QE to buy for your stuff.
 
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Pelasgia

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Athens, Greece
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Demos
Currency: Hyperpyron (Ὑπ )
Subunit: Trachy (τρ )
Central Bank: Vasilikē Trapeza tēs Pelasgias
1 USD ($): 2.743
1oz.gold:
95.676

@ ; I've made some minor changes to my currency's value ;) I've also changed the transcription of the bank and added symbols for the currency and subunit.

Note: To all the people who have currencies much stronger than the 1956 USD... you do realise this means your currency is more expensive than the 20th century's strongest currency, right? For comparison, the German Mark and French Franc were about 1/4 of the USD 1956. This would make your products very uncompetitive and practically non-purchaseable for foreign consumers, destroying your export economies.
 
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Saaremaa

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Currency: Bonn (฿);
Subunit: N/A;
Central Bank: Vank Kengladec;
1 USD ($): 33,000 ฿;
1 oz.gold: 1,155,000 ฿;
 

Dalriada

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Little Poland
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WelshJaffaCake
Currency: Hyperpyron (¥)
Subunit: Trachy
Central Bank: Vasilikē Trapeza tēs Pelasgias
1 USD ($): 2.743
1oz.gold:
95.676

Note: To all the people who have currencies much stronger than the 1956 USD... you do realise this means your currency is more expensive than the 20th century's strongest currency, right? For comparison, the German Mark and French Franc were about 1/4 of the USD and Pound Sterling was 1/3 in 1956. This would make your products very uncompetitive and practically non-purchaseable for foreign consumers, destroying your export economies. You might want to reconsider. BTW @ I think you meant @


I just noticed D'oh sorry my mistake, I was doing it at the middle of the night, time to bring out the calculator again.
 

Pelasgia

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Athens, Greece
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Demos
I just noticed D'oh sorry my mistake, I was doing it at the middle of the night, time to bring out the calculator again.

These might help:


 

Furlanìe

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Friuli - Italy
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Grau
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Alos
347~ $1
Unit: Lira (plural: Lire) (₤)
Sub unit: Rina (plural: Rine) (rn.​)
Central Bank: Banca Nazionale di Furzillo
 

Serenierre

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Karachi, Sindh
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Villesen
125 Livre - $1
Unit: Livre
Sub-unit: Centime
Central Bank: The People's Treasury Bank

[I hope this is reasonable, I don't really have much of an understanding about how money works in 1956... other than the gold standard]
 

Dalriada

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Little Poland
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WelshJaffaCake
125 Livre - $1
Unit: Livre
Sub-unit: Centime
Central Bank: The People's Treasury Bank

[I hope this is reasonable, I don't really have much of an understanding about how money works in 1956... other than the gold standard]

I have deceased the value of your currency because I believe you have done bunch of money printing for your communist economy unless you have gone for selling goverment bounds which will be backed by gold making your gold revere worthless. I think you won't do the latter for ideology reason since you have to been on the global stock market.
 
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Gouw Marken

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Belgium
Capital
Oost-Markstad
Currency: Gouw Markense Kroon (GMKr)
Subunit: Oordje (O)
Central Bank: Prinsbisschoppelijke Reserve (PBR)
1 USD ($): 37.58
1oz.gold: 1917,23
 

Serenierre

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Karachi, Sindh
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Villesen
I have deceased the value of your currency because I believe you have done bunch of money printing for your communist economy unless you have gone for selling goverment bounds which will be backed by gold making your gold revere worthless. I think you won't do the latter for ideology reason since you have to been on the global stock market.

Wow. Talk about god-modding. How can you assume anything with regards to what my government will or will not do? It's common courtesy to discuss such matters before you assume something about someone else's country. On what basis can you say that Serenierre has printed a lot of money? My recent news articles have stated that my state bank has been shoring up gold stock.

If anyone cares, I based my 126 livres rate by comparing it with the USSR's rouble rate in 1956.
 

Saaremaa

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You should also be careful when using a comma or a dot between the numbers, as the Bonn is 33 thousand a dollar, whereas now, compared to the others, it looks like it's only 33 Bonns a dollar.
 

Dalriada

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Wow. Talk about god-modding. How can you assume anything with regards to what my government will or will not do? It's common courtesy to discuss such matters before you assume something about someone else's country. On what basis can you say that Serenierre has printed a lot of money? My recent news articles have stated that my state bank has been shoring up gold stock.

If anyone cares, I based my 126 livres rate by comparing it with the USSR's rouble rate in 1956.

Chill, changed it

You should also be careful when using a comma or a dot between the numbers, as the Bonn is 33 thousand a dollar, whereas now, compared to the others, it looks like it's only 33 Bonns a dollar.

I have been literally copying and pasting stuff into it then added dots to try to easier for comparing but I cock that up now as well.:redface:
 
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Nufruedan

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San Jose State, CA, USA
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Pastvina
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Zac
1 USD = 24.390 ₭
1oz Gold = 853.414 ₭
Currency: Kořint (₭)(Plural: Kořinte)
Subunit: Foruňa (₣)(Plural: Foruňe)
Central Bank: Národní Banka Núfrúedane Pokladny
 

Rheinbund

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Rotterdam, Netherlands
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Fehrbellin
Oops. Only now do I see this thread :icon_confused:




Eiffelland

1 USD = 10.06 ELM, where the period indicates a decimal point.

1 oz Gold = 352.04 ELM, where the period indicates a decimal point.

Currency: Eiffellander Mark (ELM)

Subunit: Pfennig (1 ELM = 100 Pfennige)

Central bank: Eiffelländische Nationalbank




Note: To all the people who have currencies much stronger than the 1956 USD... you do realise this means your currency is more expensive than the 20th century's strongest currency, right? For comparison, the German Mark and French Franc were about 1/4 of the USD and Pound Sterling was 1/3 in 1956. This would make your products very uncompetitive and practically non-purchaseable for foreign consumers, destroying your export economies.

Well, I think that the prices of your products depend on more things than the currency exchange alone. Indeed, when your currency appreciates dramaticly within a few years, your products will become so much more expensive that your economy has a problem. But if your currency is stable at a high level for decades and your companies manage to keep the prices of their products low because of efficiency advantages or whichever other reasons, the fact that your currency exchange rate is high does not imply a problem.

For instance, country C, with currency CC, wants to buy radios. It can buy those radios from country A (with currency CA) or country B (with currency CB). Suppose that 1 CA = 4 CC and 1 CB = 2 CC; this implies that 1 CA = 2 CB. These currency exchange rates are stable with only minor changes during time. Now if country A can sell its radios for 20 CA and country B for 50 CB, the radios from country A will cost 80 CC and the radios from country B will cost 100 CC in country C. The result is, that the radios from country A are cheaper than the radios from country B, despite the fact that country A has a much higher exchange rate than country B.
There is only a problem for country A if the CA appreciates more than the radio companies of country A can reduce their export prices. So if within one year 1 CA becomes equal to 6 CC and 1 CB remains 2 CC, the radios from country A suddenly cost 120 CC instead of 80 CC, while the radios from country B still cost 100 CC.
And of course it could also be that the CB suddenly depreciates while the CA remains the same. If 1 CB suddenly becomes 1.5 CC, the radios from country B will cost 75 CC instead of 100 CC, while the radios from country A still cost 80 CC. But if country B has to import recources for building radios, these resources will also become more expenisive for country B, so on the longer term the prices of the radios of country B will increase. This means that a depreciating currency can only be advantageous on the long term if you don't have to import resources for your products.

However, originally I had a rate close to the USD, and it may be problematic to explain for a country of 50 million inhabitants without any colonies at present or in the recent past how it got such a high exchange rate. Therefore, I changed my original values so that my currency exchange rate becomes appproximately equal to 1 USD = 10 ELM. Now I just divide the current prices by 10, and I have my 1956 prices.

Furthermore, we also have to note that between 1945(ish) and 1973 almost all currencies were pegged to the USD. This means that currency exchange values of at least all the western-European countries did not change compared with the USD.
 
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Great Engellex

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Engellex
1 USD: 0.35 £
1oz Gold: 98.000 £
Currency: Pound Sterling (£)(Plural: Pounds)
Subunit: Pence (p)(Plural: Pence)
Central Bank: Bank of Aldwych

Note: To all the people who have currencies much stronger than the 1956 USD... you do realise this means your currency is more expensive than the 20th century's strongest currency, right? For comparison, the German Mark and French Franc were about 1/4 of the USD and Pound Sterling was 1/3 in 1956. This would make your products very uncompetitive and practically non-purchaseable for foreign consumers, destroying your export economies.

You've got that the wrong way, with 35 cents to the pound, rather than 35 pence to the dollar. The average exchange of GBP to USD in 1956 was $2.80.
 
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