Difference between revisions of "Tomar Domi"

From NSwiki, the NationStates encyclopedia.
Jump to: navigation, search
Line 10: Line 10:
 
|-
 
|-
 
![[Nation codes|Currency Code]]  
 
![[Nation codes|Currency Code]]  
| <code>DODO</code>
+
| <code>TODO</code>
 
|-
 
|-
 
!Exchange Rate to [[Domi]] circa 1970
 
!Exchange Rate to [[Domi]] circa 1970

Revision as of 03:16, 3 December 2006

Tomar Domi (※)
Tomarflag.jpg
Units 100/1, 10/1, 50/1, 1, 5, 10, 20, 50, 100
Symbol
Currency Code TODO
Exchange Rate to Domi circa 1970 ※1.00 = 0.67Ð

The Tomar Crown(until 1888) and the Tomar Domi were the currency of the colony and Territory of Tomar from 1812 until 1971, when the Federal Parliament of Domnonia passed the Single Currency Act in June 1971, making the Domi(Ð) the official currency of Tomar. It replaced the Tomar Domi at a rate of ※2 = 1Ð .

In 1895, the value of the Tomar Domi was adjusted to foat it equal to the Domi at 0.67Ð. This rate was seen as inflated and many economists believed it harmed the Domini economy.

Bills were issued in leafed bronze, silver and gold, with the only gold denomination being a 2※ bill also denominated as "Two Hundred One Hundredths of a Domi" or "One Hundred Two Hundredths of a Domi". Bank notes were issued by the Commercial Bank of Tomar.

Tomardomi.png