MercyFallout Posted July 10, 2009 Report Share Posted July 10, 2009 Rightyo, since we don't have set (or anywhere NEAR) set currency exchange rates, lets start deciding them. The biggest national economies in CNRP are currently Viniland, Rebel Army, and Bavaria. So more or less, they would be the equivalent to the "pound", "dollar", and "euro" of the real world (which is which is up for everyone else to decide, I vote for them in the order I presented). My nations currency is the Korean Won (KRW) and is currently on a 1000 to 1 exchange rate with the Rebel Army's Rebel Credit (mostly for convenience sake when adding/subtracting/etcing with Korean currency numbers. No decimals, nothing in the ones column ftw.). So basically, decide some currency exchange rates. GO! Quote Link to comment Share on other sites More sharing options...
Sargun II Posted July 10, 2009 Report Share Posted July 10, 2009 The international currency is the Sargun. GO Quote Link to comment Share on other sites More sharing options...
The Confederation Posted July 10, 2009 Report Share Posted July 10, 2009 Well, Prussia's currency is backed by an insane amount of gold from the Nordlandic period so errr.... >_> Quote Link to comment Share on other sites More sharing options...
Arkantos Posted July 10, 2009 Report Share Posted July 10, 2009 Sarah said the Hanseatic Mark is equivalent to the Australian Dollar. Also, top economy's currency is equal to the Euro, 2nd top is USD, and so on. Quote Link to comment Share on other sites More sharing options...
Botha Posted July 10, 2009 Report Share Posted July 10, 2009 Since all in-game currencies are equal in value, it is probably prudent and simple just to keep the same for currencies in RP. Quote Link to comment Share on other sites More sharing options...
Il Terra Di Agea Posted July 10, 2009 Report Share Posted July 10, 2009 Well, RL Norway's exchange rate is 5.6361 Kroner to 1 US dollar, so whatever that means to this >_> Quote Link to comment Share on other sites More sharing options...
Justinian the Mighty Posted July 10, 2009 Report Share Posted July 10, 2009 The international currency is the Sargun.GO The sargun is worthless. El oh el. Quote Link to comment Share on other sites More sharing options...
MercyFallout Posted July 10, 2009 Author Report Share Posted July 10, 2009 Right, so, based on some of the IRC and non-IRC talk, here is a proposal for how to do a base currency exchange (not for all individual nations, I suppose we can discuss that as we go on). The strongest currencies in the world would be as follows: 1. Viniland's (whatever) 2. Rebel Army's Rebel Credit 3. Bavaria's (whatever), HEU's Hanseatic Mark, Prussia's Thaler Bavaria's (whatever) = HEU's HM = Prussia's Thaler << "Base currency (BC)", similar to the USD 1.5 BC = 1 Rebel Credit 2 BC = 1 Viniland's (whatever) 0.66 Viniland's (whatever) = 1 Rebel Credit Sound good? :v Quote Link to comment Share on other sites More sharing options...
Mergerberger II Posted July 10, 2009 Report Share Posted July 10, 2009 (edited) Well, Prussia's currency is backed by an insane amount of gold from the Nordlandic period so errr.... >_> I am running the same currency as Prussia at the moment, backed by whatever gold there is here EDIT: Why is it that Viniland's is the strongest? Edited July 10, 2009 by Mergerberger II Quote Link to comment Share on other sites More sharing options...
MercyFallout Posted July 10, 2009 Author Report Share Posted July 10, 2009 I am running the same currency as Prussia at the moment, backed by whatever gold there is here EDIT: Why is it that Viniland's is the strongest? Vini has the highest IG stats (though not much higher than Lavo hence the small gap between them). Quote Link to comment Share on other sites More sharing options...
Subtleknifewielder Posted July 10, 2009 Report Share Posted July 10, 2009 I was Rp'ing my Pound to be just under the RL British Pound. but is that even possible anymore? Doesn't Britain use the Euro now? Quote Link to comment Share on other sites More sharing options...
The Confederation Posted July 10, 2009 Report Share Posted July 10, 2009 I was Rp'ing my Pound to be just under the RL British Pound. but is that even possible anymore? Doesn't Britain use the Euro now? Nope, they're one of the few to resist it. Pound is still the strongest currency in the world. Quote Link to comment Share on other sites More sharing options...
V The King Posted July 10, 2009 Report Share Posted July 10, 2009 Absolutely no currency exchange markets, for the love of god. Its developments, change in prices, supply and demand are quite complicate in fact and are consistently affecting a country's economy in a daily basis. Considering that almost every RP'er here skip the economic aspect of a nation, I believe we can't suddenly emerge in such a complex and specific area. Quote Link to comment Share on other sites More sharing options...
MercyFallout Posted July 10, 2009 Author Report Share Posted July 10, 2009 Absolutely no currency exchange markets, for the love of god. Its developments, change in prices, supply and demand are quite complicate in fact and are consistently affecting a country's economy in a daily basis. Considering that almost every RP'er here skip the economic aspect of a nation, I believe we can't suddenly emerge in such a complex and specific area. We can just set the exchange rates and lock them. Like the original function of the IMF (or close enough). >__> Quote Link to comment Share on other sites More sharing options...
Subtleknifewielder Posted July 10, 2009 Report Share Posted July 10, 2009 Nope, they're one of the few to resist it. Pound is still the strongest currency in the world. Oh, OK. they do allow the use of the Euro, though, right? We can just set the exchange rates and lock them. Like the original function of the IMF (or close enough). >__> No thanks... Quote Link to comment Share on other sites More sharing options...
V The King Posted July 10, 2009 Report Share Posted July 10, 2009 We can just set the exchange rates and lock them. Like the original function of the IMF (or close enough). >__> Then we're just adding a level of complication to CNRP and not allowing any flexibility to the currency market (and allowing such would probably be a disaster anyways). Quote Link to comment Share on other sites More sharing options...
Uberstein Posted July 10, 2009 Report Share Posted July 10, 2009 RP aaccording to everyone's GDP. Quote Link to comment Share on other sites More sharing options...
V The King Posted July 10, 2009 Report Share Posted July 10, 2009 RP aaccording to everyone's GDP. A currency's value does not necessarily correlate with the nation's GDP - most of the times it doesn't. Quote Link to comment Share on other sites More sharing options...
Manetheren Posted July 10, 2009 Report Share Posted July 10, 2009 I can't think of any time it does... Regardless, there are a thousand things that go into currency value, none of which are represented in game except size of economy (infra) and tax rate, which are both pretty meaningless. Quote Link to comment Share on other sites More sharing options...
Uberstein Posted July 10, 2009 Report Share Posted July 10, 2009 A currency's value does not necessarily correlate with the nation's GDP - most of the times it doesn't. Well excuse me for never paying attention to economics. Quote Link to comment Share on other sites More sharing options...
KaiserMelech Mikhail Posted July 10, 2009 Report Share Posted July 10, 2009 The Marscurian Pakistan Rupee is equal to $.20USD. However, I'm thinking that I should devaluate it to $.10 as it would better fit my economic situation. Quote Link to comment Share on other sites More sharing options...
Tahsir Posted July 10, 2009 Report Share Posted July 10, 2009 The biggest national economies in CNRP are currently Viniland, Rebel Army, and Bavaria. So more or less, they would be the equivalent to the "pound", "dollar", and "euro" of the real world (which is which is up for everyone else to decide, I vote for them in the order I presented). actually i'd challenge that they are the biggest SINGLE economies. DE and HEU are probably just as large as them. Quote Link to comment Share on other sites More sharing options...
Mergerberger II Posted July 10, 2009 Report Share Posted July 10, 2009 actually i'd challenge that they are the biggest SINGLE economies. DE and HEU are probably just as large as them. It doesn't matter. Of any of the currencies listed, the strongest would definitely be that of Prussia. The Prussian currency is backed by massive amounts of Nordic gold and follows a gold standard. This means that it ought to be valued much higher than any currency not following a gold standard. If the currency of Bavaria, Rebel Army, or Viniland followed a gold standard, then they would most certainly be more powerful, but they do not. With the gold standard, inflation does not occur, or if it does, it occurs slowly. This means that, logically, the Prussian currency would be valued at far more than the modern dollar, and almost definitely more than the modern Euro or Pound, especially if it adhered to the old American gold standard disestablished by Roosevelt. Quote Link to comment Share on other sites More sharing options...
V The King Posted July 10, 2009 Report Share Posted July 10, 2009 It doesn't matter. Of any of the currencies listed, the strongest would definitely be that of Prussia. The Prussian currency is backed by massive amounts of Nordic gold and follows a gold standard. This means that it ought to be valued much higher than any currency not following a gold standard. If the currency of Bavaria, Rebel Army, or Viniland followed a gold standard, then they would most certainly be more powerful, but they do not.With the gold standard, inflation does not occur, or if it does, it occurs slowly. This means that, logically, the Prussian currency would be valued at far more than the modern dollar, and almost definitely more than the modern Euro or Pound, especially if it adhered to the old American gold standard disestablished by Roosevelt. Considering that the "Nordic Gold" is an absolutely ambiguous quantity and as realistic as the El Dorado... >_> Either way, it wouldn't necessarily be the strongest currency, even if backed with plenty of gold. Sure, the fact that the gold is there provides easy liquidity for currencies - but you have to consider that Prussia is in an area that has historically and recently (in CNRP) faced a plethora of political instability and warfare, as well as the nation itself being new when compared to most. It is not only how easy to convert into something solid that counts - the country's own stability and credibility counts, and more importantly, the backing of its own economy. Anyways, not sure why I'm arguing this since I strongly oppose a currency market in CNRP. Quote Link to comment Share on other sites More sharing options...
JerreyRough Posted July 10, 2009 Report Share Posted July 10, 2009 (edited) Another layer of difficulty for roleplaying. As long as it isn't forced and I'm told the proper exchange rates, I'm good. To make things simple, everything should be compared to one currency, wether its a fake currency or a real one. Edited July 10, 2009 by JerreyRough Quote Link to comment Share on other sites More sharing options...
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