Sanaman rilha: Difference between revisions
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==Implementation== | ==Implementation== | ||
The currency | The currency was introduced in three steps. The first step was to release it into circulation alongside the [[Natopian natopo]] while also being pegged to it. The second step was to withdraw the natopo from legal tender status and circulation. The third and final step was to unpeg the rilha and let it float as a normal currency. The currency was released to float on the international market in early 1682. It has quickly become a reserve currency due to its strong performance and relative stability, backed by Sanama's oil export based economy. | ||
[[File:Rilha_shell.jpg|200px|right|float]] | [[File:Rilha_shell.jpg|200px|right|float]] | ||
Revision as of 13:48, 2 June 2020
| Sanaman rilha | |
| Denominations | |
|---|---|
| Subunit | |
| 1/100 | sento, cent (¢) |
| Symbol | R$ |
| Nickname | reale, rill, eagle |
| Banknotes | R$5, R$10, R$20, R$50, R$100 |
| Coins | 1¢, 5¢, 10¢, 20¢, 50¢, R$1, R$2 |
| Demographics | |
| User(s) | Sanama |
The Sanaman rilha is the currency of Sanama, usually abbreviated R$. The currency was introduced in 1680 and replaced the Natopian natopo at the rate 1 natopo = R$1.45. It is named after the oyster shells traditionally used as window panes, currency and other items by the Sanis and Amas. The currency is issued and controlled by the Pangka Nasyonal Sanamali.
Implementation
The currency was introduced in three steps. The first step was to release it into circulation alongside the Natopian natopo while also being pegged to it. The second step was to withdraw the natopo from legal tender status and circulation. The third and final step was to unpeg the rilha and let it float as a normal currency. The currency was released to float on the international market in early 1682. It has quickly become a reserve currency due to its strong performance and relative stability, backed by Sanama's oil export based economy.
Exchange rates
| Exchange rate (R$100) | |||||
|---|---|---|---|---|---|
| Currency | V.1680 | XI.1680 | VII.1681 | X.1682 | XII.1684 |
 Natopo
|
68.95 | 68.87 | 69.52 | 65.09 | 65.48 |
 Erb
|
4,758,529 | 5,445,685 | 5,535,677 | 5,025,163 | 13,418,604 |
 Benacian Sovereign
|
4,689 | 4,734 | 4,801 | 5,567 | 5,115 |
 Imperial stater
|
N/A | N/A | 27,311 | 25,191 | 25,958 |
 Ransenari erb
|
115.60 | 115.80 | 117.21 | 122.36 | 117.02 |
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