Elias Dinar
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Revision as of 13:01, 27 October 2004 by United Elias (Talk | contribs)
The Silver Dinar, commonly known as the Elias Dinar (symbol: SD) is the official currency of United Elias and has been in circulation since first issued by the Federal Bank in 1879, shortly after the nation became independant. Its name is derived from the currency of The Ottoman Empire and it is termed as 'silver' as it has always been linked to the value of a silver. In 1959, the currency was re-issued and was for a short time refered to as the new dinar. From then on, the value of SD1 has been fixed at exactly a fifth of the value of one silver ounce.
Fixed Ratio:
1 Silver Ounce (XAG) = 5 Elias Dinars (SD)
Current Exchange Rates: (27/10/04)
SD1 = $1.44 USD
SD1 = £0.79 GBP
