Reis
From NSwiki, the NationStates encyclopedia.
Revision as of 13:21, 24 April 2006 by Freethinker (Talk | contribs)
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| Subdivision | 1 Reis (R) = 100 Cruizero (C) |
| Exchange Rate to NS$ | 1.00 : NS$ 4090.96 (free floating) |
| In use since | Unknown |
| Currency Code | HPR |
| Symbol | R- |
Overview
The Reis is the official currency of Holy Panooly. One single Reis is worth practically nothing, so most items in Holy Panooly are priced in Mílreis (1000 Reis). All denominations are issued in paper, since (base)metals are too expensive, and there's no Mint to be found in Holy Panooly. Inflation continues to climb, and is at an uncomfortable 21% per annum. However, due to lack of central financial administration, many private currencies and counterfeits are also denominated variously, and named "Reis". This adds to the inflation index, although they are not even tied to the Reis, since all circlulating money is measured to calculate inflation.
Reis Denominations
The Reis does not follow a decimal system or any other.
- 1000 Mílreis
- 3200 Mílreis
- 2000 Mílreis
- 5000 Mílreis
- 6400 Mílreis
- 7500 Mílreis
- 9600 Mílreis
- 10,000 Mílreis
- 20,000 Mílreis
