Conargo
Symbol | ª |
Subdivision | 1 Conargo = 100 cents |
Exchange Rate | ª1=NS$1.22 |
In use since | 2007 |
Currency Code | IDU |
The Conargo (a.k.a. Argo) is an international currency in the International Democratc Union. It was introduced as a proposal by Kedalfax to the IDU Council in early 2007.
Name
The name "Conargo" comes from a combination of Latin "concilium" meaning council and "argentum" meaning money. This name was suggested by Saidercray. The name is sometimes shortened to "Argo" in common language, especially in Antrium.
Other common names are listed below. Because of the short existence of the currency so far, not many common names have appeared.
- Eye Ducks (also seed Iducs, from abbreviation of IDU Council, IDUC)
History
On February 1, 2007, the Kedalfaxian delegation to the IDU Council informally brought up the idea of an elective currency to be used by any nation in the IDU that wanted to use it. The idea was well received, and was soon made into an official proposal. The proposal received seven seconds, and proceeded to vote. It passed with eight votes for, and three abstentions. There were no votes against it. It was the first resolution to pass through the IDU Council.
On February 21, 2007, the name, valuation, and symbol were finalized by a panel of representatives from Kedalfax, Saidercray, Amidonia, and Antrium.
Design
Prospective designs of the Conargo is currently being designed by artists across the IDU. The plan for the design is to have internationally standard designs on bills, and one international standard side on coins. Each nation will get to design one side of coins minted in its country to represent its country's history or culture.
Nations Using the Conargo