Hierarchy ðõllars

The Hierarchy ðõllar serves as the official currency within the member states of the Caniic Hierarchy. While regional currencies still exist in certain areas such as Corga, Yu'toriic, and the states of Acluth, the ðõllar is widely accepted and used for transactions throughout the Caniic Hierarchy.
The establishment of the Hierarchy ðõllar can be traced back to the Coinage Act of 1917, which introduced it as the official currency at par with the Andratiician Madallion Dollar. The Act further divided the ðõllar into 1000 cents, providing a standardized monetary system that facilitated commerce and trade within the region. Coins denominated in ðõllars and cents were authorized by the Act and minted to facilitate daily transactions. Hierarchy banknotes take the form of Hierarchy Reserve Notes, which are commonly referred to as rednotes due to their predominant red color. These banknotes are widely used and recognized across the Caniic Hierarchy, serving as a reliable medium of exchange. The issuing authority of these banknotes resides with the Hierarchy, ensuring their authenticity and safeguarding against counterfeiting.
The adoption of the Hierarchy ðõllar and the introduction of standardized banknotes have provided stability and convenience to the economies within the Caniic Hierarchy. By establishing a common currency, businesses and individuals can conduct transactions without the need for currency exchange, streamlining economic activity and promoting regional integration. While the use of regional currencies persists in certain areas, the Hierarchy ðõllar remains the most prevalent and widely accepted currency within the Caniic Hierarchy. Its existence has played a crucial role in facilitating financial interactions and fostering economic growth across the member states.
The currency is also used officially by the institutions of the Caniic Colonies. Outside of Hierarchy States, a number of special territories also use the Hierarchy ðõllars as their currency. These territories include the southern parts of Struyix and the northern-most Esox Islands.

Characteristics

Coins

[coming soon]

Banknotes

[coming soon]

History

[coming soon]

Direct and indirect usage

[coming soon]

Economics

[coming soon]

Denominations

Superunit

1/1000 bronze penningar (out of circulation)

Plural

ðõllars

Symbol

ð

Banknotes

Freq. used 100, 200, 500, 1000, 5000, and 10,000

Rarely used 1, 5, 10, and 50

Coins

Freq. used 5, 10, 50,100, 500

Rarely used 1, 2, 5, 10, 100, and 500 bronze penningar

Demographics

Date of introduction

Actopar 32, 1917

Replaced

Various foreign currencies,

including:

Andratiician Madallion ðollar

Corgiic Golden Bead

Official user(s)

Caniic Hierarchy

16 Nation-states

5 Colonies

Unofficial user(s)

Struyix

Esox Islands

Issuance

Central bank Hierarchy Reserve

Printer Agency of Printing and Minting

Mint Hierarchy Mint

Valuation

Inflation 1.2%