Confederal dollar

The dollar is the currency and legal tender of the Confederated Peoples. Banknotes are issued by the Bank of the Confederation and coins are minted by the Confederal Mint. The Confederal dollar is not currently legal tender in any nation other than the Confederated Peoples nor is it a commonly traded currency outside the Confederated Peoples.

The smaller denomination of the dollar is the penny. There are a hundred pence in each dollar. In the Confederated Peoples itself, the symbol for the dollar is $ and the symbol for the penny is p. However, outside the Confederated Peoples, the symbols are CP$ and CPp. C$, Cd and CPd have all also been used for the dollar although none of them are officially recognized.

As of 22 April 2007, the dollar was worth 1.9061 Universal Standard Dollars. The dollar has a fixed exchange rate with the pre-Confederal currencies of various Confederal Members. However, the Bank of the Confederation is systematically seeking to remove thse pre-Confederal currencies from circulation and has placed time limits on their validity.