- This article is about the Nanakan as a currency. For a brief description of the Nanakan currency and other uses of the term Nanakan, go to the article entitled Nanakan.
The Nanakaland Nanakan (NN) is the official currency of Nanakaland, currently at about 2.9 to a dollar. Once also used by the Nanakan sphere of influence, Nanakaland and the semi-autonomous Nanakan Labs are now currently the only that use this currency (which, with over 3 billion total, it's no small currency by any means). Nanakaland has been using the Nanakan since the First Age of Nanakaland.
History of the Nanakan Currency
Originally, the Nanakan peoples used a bartering system like most early civilizations. When the Nanakan Empire took control in the Ancient Age of the Nanakans, a gold coin was used as a standard currency. This gold coin system was used until the end of the Revolutionary Age of the Nanakans, when the Nanakan people gained independence from the British Empire.
When the Nanakan people gained independence, they needed a name for the coin they had been using as a currency for the name was long forgotten under the British. The patriotic Nanakan people decided to name it the "Nanakan" in honor of the people who used the currency. Though this caused some confusion, the name stuck.
When Nanakaland became modernized and unified again in the First Age of Nanakaland (also known as the Democratic Age of the Nanakans), they stopped using gold coins and instead used other kinds of coins as well as paper money. However, they still used the name Nanakan for the currency out of tradition.
Nanakaland Nanakan in NationStates