Difference between revisions of "Menelmacari Credit"
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| − | The '''Menelmacari Credit''' is the official currency of [[Menelmacar]] and its dependencies and is also used in several other countries such as [[Thelas]]. Other leading nations have adopted it as a standard for trade (comperable to the [[RL]] [[Wikipedia:United States dollar|US Dollar]]. A few other nations refuse to accept the credit entirely for political reasons. | + | The '''Menelmacari Credit''' is the official currency of [[Menelmacar]] and its dependencies and is also used in several other countries such as [[Thelas]]. Other leading nations have adopted it as a standard for trade (comperable to the [[RL]] [[Wikipedia:United States dollar|US Dollar]]). A few other nations, all in CACE, refuse to accept the credit entirely for political reasons. |
| − | The M€ was the official trading currency of the [[World Business Organization]] and it will likely also be used as the standard currency of comparison for [[VERITAS]] as it is considered to be an extremely stable currency: even though it is technically free float it has historically proven to float within a rather predictable bandwith. | + | The M€ was the official trading currency of the [[World Business Organization]] and it will likely also be used as the standard currency of comparison for [[VERITAS]] as it is considered to be an extremely stable currency: even though it is technically free float it has historically proven to float within a rather predictable bandwith. This is explained by some by the fact that the [[Menelmacar#Economy|Menelmacari Economy]] is geard towards long-term investments due to its [[Elves|Elvish]] inhabitants being clinically immortal. |
| − | A Menelmacari Credit is divided into one thousand millicredits; symbol €. M€1 = ~US$2. | + | A Menelmacari Credit is divided into one thousand millicredits; symbol €. M€1 = ~US$2.20. |
[[Category:Currencies]] | [[Category:Currencies]] | ||
Revision as of 00:22, 23 December 2004
The Menelmacari Credit is the official currency of Menelmacar and its dependencies and is also used in several other countries such as Thelas. Other leading nations have adopted it as a standard for trade (comperable to the RL US Dollar). A few other nations, all in CACE, refuse to accept the credit entirely for political reasons.
The M€ was the official trading currency of the World Business Organization and it will likely also be used as the standard currency of comparison for VERITAS as it is considered to be an extremely stable currency: even though it is technically free float it has historically proven to float within a rather predictable bandwith. This is explained by some by the fact that the Menelmacari Economy is geard towards long-term investments due to its Elvish inhabitants being clinically immortal.
A Menelmacari Credit is divided into one thousand millicredits; symbol €. M€1 = ~US$2.20.
