Currency For The Region
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Currency For The Region
I propose that the currencies of the region be unified or pegged to each other. Thoughts?
Deonyi- TAA Citizen
- Posts : 4
Join date : 2015-07-22
Re: Currency For The Region
I was thinking of this last night, and I like the idea. I'll make sure to take it into consideration. Any thoughts on what said currency should be?
Re: Currency For The Region
Kinda like how the Euro is?
And what do you mean 'pegged'?
And what do you mean 'pegged'?
markacashion- TAA Citizen
- Posts : 5
Join date : 2015-07-22
Re: Currency For The Region
I mean, say one Pound = 12 Hurricanish Dollars. Kind of like that. Or, perhaps a 'universal' currency, although I'm not sure how well my subjects will like that.
Deonyi- TAA Citizen
- Posts : 4
Join date : 2015-07-22
Re: Currency For The Region
Well I mean my country has the "Paxel" as their currency. (It's Pixel but with an A). I'm still trying to think of how my currency will be created.
But we could have a universal currency & our own currency. We will have 2 currencies that each country can use, the countries own currency & the universal currency. You can buy items from that country using both currencies.
Or we can do it where the each country has their own currency & the universal currency is a way to help transfer currencies between each country.
These are just my ideas/theories. (kinda like how the US Dollar is the bases for the all currency exchanges.)
But we could have a universal currency & our own currency. We will have 2 currencies that each country can use, the countries own currency & the universal currency. You can buy items from that country using both currencies.
Or we can do it where the each country has their own currency & the universal currency is a way to help transfer currencies between each country.
These are just my ideas/theories. (kinda like how the US Dollar is the bases for the all currency exchanges.)
markacashion- TAA Citizen
- Posts : 5
Join date : 2015-07-22
Re: Currency For The Region
Well, to make it even more confusing, my country has two currencies; the Pound Nort AND the Wetch. So I suppose, in order to retain an exchange rate, there should be a universal currency that can be used in all countries by tourists, but must be exchanged into 'proper' currency afterwards by businesses. Or we could just keep our own currencies.
Deonyi- TAA Citizen
- Posts : 4
Join date : 2015-07-22
Re: Currency For The Region
Yes, we use our region's personal currency as a universal currency & have that help with the exchange rate of all of the countries currencies.
So we can have an easier way to trade currencies between countries.
Now what do you mean "exchanged into 'proper' currency afterwards by business"?
So we can have an easier way to trade currencies between countries.
Now what do you mean "exchanged into 'proper' currency afterwards by business"?
markacashion- TAA Citizen
- Posts : 5
Join date : 2015-07-22
Re: Currency For The Region
He means that after something is payed for in the Universal currency, a business will then take said universal currency, and exchange it for the countries' personal currency for later use.
Re: Currency For The Region
So do we have to have our own exchange rate for our countries own currency or will we talk it out together.
(Ex.: the Universal currency exchange rate to Paxel (my country's currency)
(Ex.: the Universal currency exchange rate to Paxel (my country's currency)
markacashion- TAA Citizen
- Posts : 5
Join date : 2015-07-22
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