Currency

A currency in the most specific sense is money in any form when in use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a system of money (monetary units) in common use, especially for people in a nation. Under this definition, Celtican pound sterling (¥), Liotanian florins (ƒ), Firoccan dollars ($), Kabirite liras (₤), and Fusan dong (₫) are examples of currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance.
One can classify currencies into three monetary systems: fiat money, commodity money, and representative money, depending on what guarantees a currency's value (the economy at large vs. the government's physical metal reserves). Some currencies function as legal tender in certain political jurisdictions. Others simply get traded for their economic value.
=== Currencies of the World ===
The Celtican pound sterling (¥) is used as the comparative world currency of Erf. 
Currencies, As Related to the Pound Sterling (¥)
Currency 	Value 	Country 	Currency 	Value 	Country
Pound Sterling (¥)	1 	Celtica 	Marks (₻) 	 	Drakeenstaat
Florin (ƒ) 	1 	Liotain 	 	 	Dengfeng
Dollar ($) 	.50 	Firocco 	 	 	Arkadetsiya
Lira (₤) 	.90 	Anitkabir 	Lira (e₺) 	 	Erisia
Dong (₫) 	 	Fusou 	Yuan (Ÿ) 	 	Asytria-Denishu
Won (₩) 	.06 	Joseon 	Dinar (د.ع) 	 	Kustyria
Cap (¢) 	.54 	Shield States	Minchûn (Mi) 	 	Valduchac
Flan (Fl) 	1.64 	Mon Caln 	Libra (♎︎) 	 	Syrellia
Solidus (S) 	 	Rema Nova 	Dinar (دينار‎)	 	Jamaika
Peso (a₱) 	negligible	Antargentina 	Tenge (₸) 	 	Yuezhistan
Pieniądze (₰) 	 	Ostrony 	Choróin (₡) 	peg to Pictfearr	Eirenn
Powder (₽) 	 	Maoudi 	Scilling (₴) 	peg to Eirenn 	Pictfearr
Lira (k₺) 	 	Kongo 	Lamjan (L) 	 	Sebiris
Dram (δ) 	 	Granadine 	Baiki (฿) 	 	Baikal
The Shield States employ a system of rations for necessities alongside their general currency. This system was modestly impacted by the 1908 Western Stock Market Crash. Each ration card is three portions, which is enough to sustain a person for a day. Additional rations are provided for children and any Bellringers in the care of a family. 
Nations in northern Akaina utilize the Fusan Dong, however monetary exchange in the north is next to nonexistent. Consumers of northern Akaina often use simplistic & traditional bartering systems instead of currency. 
Eirenn & Pictfearr's currencies are mutually pegged to one another. 
Due to the Antargentine Civil War, the Antargentine Peso has become incredibly inflated, becoming essentially worthless. This has lead to the practice of Antargentines using Pesos as wallpaper for their homes.
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Category:Money
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