Currency For The Region

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Currency For The Region

Post by Deonyi on Wed Jul 22, 2015 5:49 am

I propose that the currencies of the region be unified or pegged to each other. Thoughts?
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Re: Currency For The Region

Post by Gage Smith on Wed Jul 22, 2015 2:09 pm

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?
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Re: Currency For The Region

Post by markacashion on Wed Jul 22, 2015 9:44 pm

Kinda like how the Euro is?

And what do you mean 'pegged'?

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Re: Currency For The Region

Post by Deonyi on Thu Jul 23, 2015 3:01 am

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. Razz
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Re: Currency For The Region

Post by Gage Smith on Fri Jul 24, 2015 1:59 am

I like the idea of pegging currencies together.
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Re: Currency For The Region

Post by markacashion on Fri Jul 24, 2015 2:12 am

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.)

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Re: Currency For The Region

Post by Deonyi on Fri Jul 24, 2015 4:53 am

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.
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Re: Currency For The Region

Post by markacashion on Fri Jul 24, 2015 6:19 am

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"?

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Re: Currency For The Region

Post by Gage Smith on Fri Jul 24, 2015 12:22 pm

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.
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Re: Currency For The Region

Post by markacashion on Thu Jul 30, 2015 12:52 pm

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)

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