New Merit

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The New Merit (Latin: meritum novum) is the regional currency of the Meritocracy, issued by the Meritocratic Central Bank. It is the official currency of all the member nations of the Bank, and is also widely used in international trade and as a reserve currency. Its symbol is ŧ or NM.

The New Merit is freely convertible to gold at the fixed rate of 450 ŧ per ounce. It is fully backed up by the gold reserves of the Meritocratic Central Bank.

Legal status

The status of New Merit as an international currency is protected by the Charter of the Meritocracy:

A requirement of membership [in the Senate] is that the regional currency of the New Merit be accepted as equal tender for any and all international exchanges, at the exchange rate set forth by the Praetor. It is at the nation's discretion whether or not the New Merit be accepted only for international exchanges, or whether it may also be accepted as the nation's sole or primary currency.

See also


Currencies of NationStates
Universal Standard Dollar
Active International Currencies: Aimau | Antilles Yent | Blood | Common Credit | Conargo | Douro | Euro | Galac | Gold Point of Asgarnieu | Haven Pound | Liquid Credit | Nanakan | New Merit | Polar Crown | Ram |SCCU | Shell Casing | Simoleon | Sovereign (FSB) | Thennat | Union Paw | World Dollar | Yonàri | Ziik
Active National Currencies: Allanean Dollar | Ariddian Credit | Ayrwll Silver Crown | Crave | Chacorian Chacor | Cobdenian Pound | Damanucan lira | Damon | Denarii | Diadem Mark | Drogna | Dross | DualPound | Edolar | Eruble | Florin | Franc Bashenké | Gold Coin | Groat | Hamptonian Krone | Iansislean General | Ilaster | ITD Credit | Joenoojoevauntoe | Karmic Dollar | Khens | Kelssek dollar | Lance | Lethse | Lien | Lil'kansu | Liverpool Pound | Livre | Maanenic Pound | Mako | Menelmacari Credit | Me-wak | Mintel | New Rouble | Nojikan Credit | Oceania Pound | Oliver Dollar | Orca | Pa'atuan pound | Pantocratorian Ducat | Qutari Pound | Parthian Rial | Piero | Polynesian pound | Praetonian Crown | Quinault | Racist Shekel | Randean Peso | Sanadrianese lira | Schnab | Shildonian Pound | Simo | SN Ruble | Sol | Sovereign (Quod) | Spaco Dollar | Starblaydi Credit | Stoklomov | Swilla | Talon | Taraskovyan Frank | Thin | Topian Guilder | Tree-fiddy | Tyrant | Uhuh-Ro | Uir Arjet | Unitary | West Ariddian Credit | Yami | Zeppil
Inactive/Historic currencies: 12-amp. fuse | Acqua Pacifican Lira | Athenian Drachma | Anion | Avareelian Pound | Ayyubid Diamond | Bakrani | Black Diamond | Coronum | Daler | Denkmark | Domi | Elias Dinar | Exlot | Havanaro | Freedonian Dollar | Frenzberrian Blendin | Gnor | Gold Sovereign | Gulden | King's Pound | Oceania Pound | OWN Unit Olag | Olomo | Ostmark | Pushistymistani ruble | Quillar | Reis | Saidercray Thaler | Silver | SKen | Snickerdoodle | Stupend | Tomar Domi | UNAD | Valerian Crown | Yuunli Dollar | Zaire
For a full list of NationStates currencies, please see Category:Currencies.