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| symbol    = NAX€
| symbol    = NAX€
| nickname  = "Escudo"
| nickname  = "Escudo"
| banknotes  = NAX€1, NAX€5, NAX€10, NAX€20, NAX€50, NAX€100
| banknotes  = Freq. used <br> NAX€1, NAX€5, NAX€10, NAX€20, NAX€50, NAX€100 <br> Rarely used <br> NAX€500 NAX€1,000
| coins      = 1¢, 5¢, 10¢, 25¢, WAE€1, WAE€2, WAE€5
| coins      = 1¢, 5¢, 10¢, 25¢, WAE€1, WAE€2, WAE€5
| users      = {{team flag|Nouvelle Alexandrie}}
| users      = {{team flag|Nouvelle Alexandrie}}
Line 14: Line 14:
}}
}}


The '''New Alexandrian écu''' (NAX€) is the official currency of the [[Nouvelle Alexandrie|Federation of Nouvelle Alexandrie]]. The écu is divided into 100 cents and is inspired by the currency of [[Alduria]] and [[Alexandria]].
The '''New Alexandrian écu''' (NAX€), colloquially known as the "Escudo", is the official currency of the [[Nouvelle Alexandrie|Federation of Nouvelle Alexandrie]]. It is divided into 100 centimes and it is also accepted as a method of payment in [[Constancia]], [[Ransenar]], and the Natopian demesne of [[Dos Gardenias]].  


The currency is also used officially in other parts of the world, such as [[Constancia]], [[Ransenar]], and in the [[Dos Gardenias|Natopian demesne of Dos Gardenias]].
==Origins==
The écu has its roots in the monetary systems of [[Alduria]] and [[Alexandria]], which inspired its name. The écu was initially the official currency of [[Alexandria]], later adopted by [[Alduria]] in homage to its [[Alexandrian people|Alexandrian heritage]]. However, the need for a unified currency grew apparent with the increasing economic cooperation between [[Alduria]] and the [[Wechua Nation]], leading to the establishment of the [[Committee for Alduro-Wechu Integration]]. In {{AN|1685}}, the [[Federal Constituent Assembly]] passed the [[New_Prosperity_Plan#Economic_programs|National Economy Act]], marking the birth of the New Alexandrian écu. The newly created currency replaced the [[Aldurian écu]] and the [[Wechu sol|Wechua sol]], thus consolidating the Federation's financial system.


The name écu was officially adopted in {{AN|1685}} after the passage of the [[New_Prosperity_Plan#Economic_programs|National Economy Act]] by the [[Federal Constituent Assembly]]. It replaced both the [[Aldurian écu]] and the [[Wechu sol|Wechua sol]] as the official currency of the Federation. Both currencies are being phased out over the course of the [[New_Prosperity_Plan#First_Plan_.281685-1690.29|next five years]], {{AN|1685}}-{{AN|1690}}.
==Design and Denominations==
The New Alexandrian écu comes in both coin and banknote forms. Banknotes are available in denominations of NAX€1, NAX€5, NAX€10, NAX€20, NAX€50, and NAX€100; although rare and no longer usable as legal tender, there also exist NAX€500 and NAX €1,000 banknotes. Coins are minted in denominations of 1¢, 5¢, 10¢, 25¢, NAX€1, NAX€2, and NAX€5. The currency sign representing the New Alexandrian écu is €, a symbol previously used by multiple countries such as the [[Shireroth|Shirerithian]] [[Shirerithian erb|erb]] and the [[Ransenar|Ransenari]] [[Ransenari erb|erb]].  


==History==
=== Series 1 Coins ===
* The écu was the official currency of [[Alexandria]]. Later, [[Alduria]] adopted it as a nod to its [[Alexandrian people|Alexandrian heritage]].
{| class="wikitable sortable"
* The sol was the official currency of the [[Wechua Nation]]. It was a very weak currency that didn't quite obtain durable stability and dependability until the early 1680's.
|+{{AN|1685}} (Series 1)
* Proposals to create a common market between [[Alduria]] and the [[Wechua Nation]] were always plentiful. Both nations grew close in trade and due to sharing cultural heritage. Many of these proposals did not catch fire until the 1680's, with the arrival of [[Aldricism|Neo Aldricism]] to [[Alduria]] and to the [[Wechua Nation]].
!Value
* [[Committee for Alduro-Wechu Integration]].
!Edge
!Obverse
!Reverse
!Diameter
!Thickness
!Weight
!Composition
|-
|1¢
|Plain
| rowspan="8" |King [[Manco Cápac]]
| rowspan="8" |[[Coat of Arms of Nouvelle Alexandrie|Coat of Arms]]
|19.05 mm
|1.5 mm
|2.50 g
|Brass:
Copper 95%
Zinc 5%
|-
|5¢
|Plain
|21.2 mm
|1.95 mm
|5 g
| rowspan="4" |Cupronickel:
Cu 75%
Nickel 25%
|-
|10¢
|Plain
|24.2 mm
|1.75 mm
|5.7 g
|-
|25¢
|Plain
|17.9 mm
|1.35 mm
|2.2 g
|-
|50¢
|Plain
|30.6 mm
|2.15 mm
|11.3 g
|-
|NAX€1
|Plain
|28 mm
|2 mm
|8.1 g
| rowspan="3" |Aluminium Bronze:
Cu 92%
Al 6%
Ni 2%
|-
|NAX€2
|Plain
|32 mm
|2 mm
|15.9 g
|-
|NAX€5
|Plain
|35 mm
|2 mm
|8.1 g
|}
 
=== Series 2 Coins ===
{| class="wikitable sortable"
|+{{AN|1708}} (Series 2)
!Value
!Edge
!Obverse
!Reverse
!Diameter
!Thickness
!Weight
!Composition
|-
|1¢
|Plain
| rowspan="8" |King [[Manco Cápac]]
| rowspan="8" |[[Coat of Arms of Nouvelle Alexandrie|Coat of Arms]]
|20.3 mm
|1.65 mm
|3.5 g
|Copper-plated steel
|-
|5¢
|Segmented Reeding
|18 mm
|1.9 mm
|3.2 g
| rowspan="2" |Nickel-plated steel
|-
|10¢
|Slotted
|24.5 mm
|2.05 mm
|6.5 g
|-
|25¢
|Segmented Reeding
|21.5 mm
|1.7 mm
|5 g
|Cupronickel (5:1)
|-
|50¢
|Reeded Edge
|27.3 mm
|1.8 mm
|8 g
|Cupronickel (3:1)
|-
|NAX€1
|Plain
|23.4 mm
|2.8 mm
|8.75 g
'''R:''' 4.1 g
'''C:''' 4.65 g
|'''Ring:''' Stainless steel
'''Center:''' Aluminium bronze
|-
|NAX€2
|Reeded Edge
|28.4 mm
|2.5 mm
|12 g
'''R:''' 5.5 g
'''C:''' 6.5 g
| rowspan="2" |'''Ring:''' Aluminium bronze
'''Center:''' Cupronickel (3:1)
|-
|NAX€5
|Segmented Reeding
|32 mm
|2.5 mm
|19.5 g
'''R:''' 9 g
'''C:''' 10.5 g
|}
 
=== Series 3 Coins ===
{| class="wikitable sortable"
|+{{AN|1719}} (Series 3)
!Value
!Edge
!Obverse
!Reverse
!Diameter
!Thickness
!Weight
!Composition
|-
|1¢
|Plain
| rowspan="8" |King [[Sinchi Roca]]
| rowspan="5" |[[Coat of Arms of Nouvelle Alexandrie|Coat of Arms]]
|20.3 mm
|1.65 mm
|3.5 g
|Copper-plated steel
|-
|5¢
|Segmented Reeding
|18 mm
|1.9 mm
|3.2 g
| rowspan="2" |Nickel-plated steel
|-
|10¢
|Slotted
|24.5 mm
|2.05 mm
|6.5 g
|-
|25¢
|Segmented Reeding
|21.5 mm
|1.7 mm
|5 g
|Cupronickel (5:1)
|-
|50¢
|Reeded Edge
|27.3 mm
|1.8 mm
|8 g
|Cupronickel (3:1)
|-
|NAX€1
|Plain
| rowspan="3" |Seal of the [[President of the Government of Nouvelle Alexandrie|President of the Government]]
|23.4 mm
|2.8 mm
|8.75 g
'''R:''' 4.1 g
'''C:''' 4.65 g
|'''Ring:''' Stainless steel
'''Center:''' Aluminium bronze
|-
|NAX€2
|Reeded Edge
|28.4 mm
|2.5 mm
|12 g
'''R:''' 5.5 g
'''C:''' 6.5 g
| rowspan="2" |'''Ring:''' Aluminium bronze
'''Center:''' Cupronickel (3:1)
|-
|NAX€5
|Segmented Reeding
|32 mm
|2.5 mm
|19.5 g
'''R:''' 9 g
'''C:''' 10.5 g
|}
 
=== Banknotes Series A ===
{| class="wikitable"
|+{{AN|1685}} (Series A)
!Value
!Dimensions
!Main colour
!Obverse
!Reverse
!Watermark
|-
|NAX€1
|120 x 65 mm
|Red
| rowspan="8" |King [[Manco Cápac]]
|[[Palace of Carranza]]
|Two watermarks
of the number "1"
|-
|NAX€5
|125 x 65 mm
|Blue
|[[Government House]]
|Two watermarks
of the number "5"
|-
|NAX€10
|132 x 65 mm
|Orange
|[[Legislative Palace]]
|Two watermarks
of the number "10"
|-
|NAX€20
|139 x 65 mm
|Green
|[[Marco Zimmer Government Building]]
|Two watermarks
of the number "20"
|-
|NAX€50
|146 x 65 mm
|Pink
|[[Morning Wind Building]]
|Two watermarks
of the number "50"
|-
|NAX€100
|153 x 65 mm
|Teal
|[[El Fuerte]]
|Two watermarks
of the number "100"
|-
|NAX€500
|159 x 65 mm
|Yellow
|[[Coat of Arms of Nouvelle Alexandrie|Coat of Arms]]
|Two watermarks
of the number "500"
|-
|NAX€1,000
|165 x 65 mm
|Purple
|Seal of the [[President of the Government of Nouvelle Alexandrie|President of the Government]]
|Two watermarks
of the number "1,000"
|}
 
=== Banknotes Series B ===
{| class="wikitable"
|+{{AN|1719}} (Series B)
!Value
!Dimensions
!Main colour
!Obverse
!Reverse
!Watermark
|-
|NAX€1
|120 x 65 mm
|Red
| rowspan="6" |King [[Sinchi Roca]]
|[[Palace of Carranza]]; [[Jean Brown]]
|[[Jean Brown]]
|-
|NAX€5
|125 x 65 mm
|Blue
|[[Government House]]; [[Alejandro Campos]]
|[[Alejandro Campos]]
|-
|NAX€10
|132 x 65 mm
|Orange
|[[Legislative Palace]]; [[Vicaquirao Alvarez]]
|[[Vicaquirao Alvarez]]
|-
|NAX€20
|139 x 65 mm
|Green
|[[Marco Zimmer Government Building]]; [[Jean-Michel Lavaud]]
|[[Jean-Michel Lavaud]]
|-
|NAX€50
|146 x 65 mm
|Pink
|[[Morning Wind Building]]; [[Vivienne Géroux]]
|[[Vivienne Géroux]]
|-
|NAX€100
|153 x 65 mm
|Teal
|[[El Fuerte]]; [[Mahdi Vossoughi]]
|[[Mahdi Vossoughi]]
|}


==Administration==
==Administration==
The écu is managed and administered by the [[Federal Bank of Nouvelle Alexandrie]] (FBNA), based in [[Cárdenas]]. The FBNA consists of the Bank itself and the former national central banks of [[Alduria]] and the [[Wechua Nation]]. The FBNA participates in the printing, minting, and distribution of notes and coins as well as the operation of the national payment systems. The FBNA is also responsible for setting monetary policy and maintaining the stability of the écu by monitoring the monetary and financial systems of the member states. It is an independent institution with a high degree of autonomy in its decision-making processes, with the goal of preserving the value and purchasing power of the écu.
The [[Federal Bank of Nouvelle Alexandrie]] (FBNA), based in [[Cárdenas]], holds the responsibility of managing and administering the écu. The FBNA oversees the printing, minting, and distribution of notes and coins, operates the national payment systems, sets monetary policy, and ensures the stability of the écu. It maintains a high degree of autonomy, guided by a board of governors and operating through a network of regional branches and offices located throughout the member states.
 
The bank has its own board of governors and conducts its operations in accordance with the principles of sound monetary policy and sustainable economic growth. The bank operates through a network of regional branches and offices located throughout the member states, with the headquarters located in [[Cárdenas]].


==Characteristics==
==Economic Impact==
The New Alexandrian écu has become a well-regarded currency, with a stable exchange rate and low inflation. It is widely used as a medium of exchange and store of value, both domestically and internationally. The currency is also recognized as a benchmark for stability and reliability, and is used in a variety of financial transactions and investments. The New Alexandrian écu continues to play an important role in the economic growth and stability of the [[Nouvelle Alexandrie|Federation of Nouvelle Alexandrie]].
The New Alexandrian écu is a trusted currency with a stable exchange rate and low inflation. Its reliability has made it a preferred medium of exchange and store of value, not only domestically but also internationally. The currency's stability has contributed significantly to the economic growth and financial health of [[Nouvelle Alexandrie]].


===Currency sign===
==Electronic Funds Transfer==
The currency sign that represents the [[Nouvelle Alexandrie|New Alexandrian]] écu is €. Before the creation of the écu, the same currency sign was in wide issue by multiple countries, past and present, notably the [[Shireroth|Shirerithian erb]], the [[Ransenari erb]], among others.
The [[Federal Bank of Nouvelle Alexandrie|FBNA]], along with [[POSTBank]], provides clearing services for payments made in the New Alexandrian écu and facilitates electronic funds transfers between financial institutions.  


The placement of the currency sign relative to the numeric amount varies widely. Internal New Alexandrian regulations however have stated that it should precede the amount, but these are only applicable to government departments and agencies.
==Exchange Rates==
The exchange rates for the New Alexandrian écu are determined by the [[Federal Bank of Nouvelle Alexandrie|FBNA]], based on market conditions, international trade, inflation, and an array of economic indicators.


===Coins and banknotes===
{| class="wikitable"
===Payments clearing and electronic funds transfer===
|-
==Exchange rates==
! Currency
! Exchange Rate (1 NAX€ =)
|-
| [[Craitish Cräite]] (₢)
| TBD
|-
| [[Imperial stater|Constancian Imperial Stater]] (C$)
| TBD
|-
| [[Natopian natopo|Natopian Natopo]] (₦)
| TBD
|-
| [[Shirerithian erb|Shirerithian Erb]] (S€)
| TBD
|-
| [[Benacian sovereign|Benacian Sovereign]] (ß)
| TBD
|}


==See also==
==See also==

Latest revision as of 21:49, 22 March 2024

{{{1}}} This article or section is a work in progress. The information below may be incomplete, outdated, or subject to change.
New Alexandrian écu
Denominations
Subunit
 1⁄100 Centimes
Symbol NAX€
Nickname "Escudo"
Banknotes Freq. used
NAX€1, NAX€5, NAX€10, NAX€20, NAX€50, NAX€100
Rarely used
NAX€500 NAX€1,000
Coins 1¢, 5¢, 10¢, 25¢, WAE€1, WAE€2, WAE€5
Demographics
User(s) Nouvelle Alexandrie Nouvelle Alexandrie
Unofficial user(s)

The New Alexandrian écu (NAX€), colloquially known as the "Escudo", is the official currency of the Federation of Nouvelle Alexandrie. It is divided into 100 centimes and it is also accepted as a method of payment in Constancia, Ransenar, and the Natopian demesne of Dos Gardenias.

Origins

The écu has its roots in the monetary systems of Alduria and Alexandria, which inspired its name. The écu was initially the official currency of Alexandria, later adopted by Alduria in homage to its Alexandrian heritage. However, the need for a unified currency grew apparent with the increasing economic cooperation between Alduria and the Wechua Nation, leading to the establishment of the Committee for Alduro-Wechu Integration. In 1685 AN, the Federal Constituent Assembly passed the National Economy Act, marking the birth of the New Alexandrian écu. The newly created currency replaced the Aldurian écu and the Wechua sol, thus consolidating the Federation's financial system.

Design and Denominations

The New Alexandrian écu comes in both coin and banknote forms. Banknotes are available in denominations of NAX€1, NAX€5, NAX€10, NAX€20, NAX€50, and NAX€100; although rare and no longer usable as legal tender, there also exist NAX€500 and NAX €1,000 banknotes. Coins are minted in denominations of 1¢, 5¢, 10¢, 25¢, NAX€1, NAX€2, and NAX€5. The currency sign representing the New Alexandrian écu is €, a symbol previously used by multiple countries such as the Shirerithian erb and the Ransenari erb.

Series 1 Coins

1685 AN (Series 1)
Value Edge Obverse Reverse Diameter Thickness Weight Composition
1¢ Plain King Manco Cápac Coat of Arms 19.05 mm 1.5 mm 2.50 g Brass:

Copper 95% Zinc 5%

5¢ Plain 21.2 mm 1.95 mm 5 g Cupronickel:

Cu 75% Nickel 25%

10¢ Plain 24.2 mm 1.75 mm 5.7 g
25¢ Plain 17.9 mm 1.35 mm 2.2 g
50¢ Plain 30.6 mm 2.15 mm 11.3 g
NAX€1 Plain 28 mm 2 mm 8.1 g Aluminium Bronze:

Cu 92% Al 6% Ni 2%

NAX€2 Plain 32 mm 2 mm 15.9 g
NAX€5 Plain 35 mm 2 mm 8.1 g

Series 2 Coins

1708 AN (Series 2)
Value Edge Obverse Reverse Diameter Thickness Weight Composition
1¢ Plain King Manco Cápac Coat of Arms 20.3 mm 1.65 mm 3.5 g Copper-plated steel
5¢ Segmented Reeding 18 mm 1.9 mm 3.2 g Nickel-plated steel
10¢ Slotted 24.5 mm 2.05 mm 6.5 g
25¢ Segmented Reeding 21.5 mm 1.7 mm 5 g Cupronickel (5:1)
50¢ Reeded Edge 27.3 mm 1.8 mm 8 g Cupronickel (3:1)
NAX€1 Plain 23.4 mm 2.8 mm 8.75 g

R: 4.1 g C: 4.65 g

Ring: Stainless steel

Center: Aluminium bronze

NAX€2 Reeded Edge 28.4 mm 2.5 mm 12 g

R: 5.5 g C: 6.5 g

Ring: Aluminium bronze

Center: Cupronickel (3:1)

NAX€5 Segmented Reeding 32 mm 2.5 mm 19.5 g

R: 9 g C: 10.5 g

Series 3 Coins

1719 AN (Series 3)
Value Edge Obverse Reverse Diameter Thickness Weight Composition
1¢ Plain King Sinchi Roca Coat of Arms 20.3 mm 1.65 mm 3.5 g Copper-plated steel
5¢ Segmented Reeding 18 mm 1.9 mm 3.2 g Nickel-plated steel
10¢ Slotted 24.5 mm 2.05 mm 6.5 g
25¢ Segmented Reeding 21.5 mm 1.7 mm 5 g Cupronickel (5:1)
50¢ Reeded Edge 27.3 mm 1.8 mm 8 g Cupronickel (3:1)
NAX€1 Plain Seal of the President of the Government 23.4 mm 2.8 mm 8.75 g

R: 4.1 g C: 4.65 g

Ring: Stainless steel

Center: Aluminium bronze

NAX€2 Reeded Edge 28.4 mm 2.5 mm 12 g

R: 5.5 g C: 6.5 g

Ring: Aluminium bronze

Center: Cupronickel (3:1)

NAX€5 Segmented Reeding 32 mm 2.5 mm 19.5 g

R: 9 g C: 10.5 g

Banknotes Series A

1685 AN (Series A)
Value Dimensions Main colour Obverse Reverse Watermark
NAX€1 120 x 65 mm Red King Manco Cápac Palace of Carranza Two watermarks

of the number "1"

NAX€5 125 x 65 mm Blue Government House Two watermarks

of the number "5"

NAX€10 132 x 65 mm Orange Legislative Palace Two watermarks

of the number "10"

NAX€20 139 x 65 mm Green Marco Zimmer Government Building Two watermarks

of the number "20"

NAX€50 146 x 65 mm Pink Morning Wind Building Two watermarks

of the number "50"

NAX€100 153 x 65 mm Teal El Fuerte Two watermarks

of the number "100"

NAX€500 159 x 65 mm Yellow Coat of Arms Two watermarks

of the number "500"

NAX€1,000 165 x 65 mm Purple Seal of the President of the Government Two watermarks

of the number "1,000"

Banknotes Series B

1719 AN (Series B)
Value Dimensions Main colour Obverse Reverse Watermark
NAX€1 120 x 65 mm Red King Sinchi Roca Palace of Carranza; Jean Brown Jean Brown
NAX€5 125 x 65 mm Blue Government House; Alejandro Campos Alejandro Campos
NAX€10 132 x 65 mm Orange Legislative Palace; Vicaquirao Alvarez Vicaquirao Alvarez
NAX€20 139 x 65 mm Green Marco Zimmer Government Building; Jean-Michel Lavaud Jean-Michel Lavaud
NAX€50 146 x 65 mm Pink Morning Wind Building; Vivienne Géroux Vivienne Géroux
NAX€100 153 x 65 mm Teal El Fuerte; Mahdi Vossoughi Mahdi Vossoughi

Administration

The Federal Bank of Nouvelle Alexandrie (FBNA), based in Cárdenas, holds the responsibility of managing and administering the écu. The FBNA oversees the printing, minting, and distribution of notes and coins, operates the national payment systems, sets monetary policy, and ensures the stability of the écu. It maintains a high degree of autonomy, guided by a board of governors and operating through a network of regional branches and offices located throughout the member states.

Economic Impact

The New Alexandrian écu is a trusted currency with a stable exchange rate and low inflation. Its reliability has made it a preferred medium of exchange and store of value, not only domestically but also internationally. The currency's stability has contributed significantly to the economic growth and financial health of Nouvelle Alexandrie.

Electronic Funds Transfer

The FBNA, along with POSTBank, provides clearing services for payments made in the New Alexandrian écu and facilitates electronic funds transfers between financial institutions.

Exchange Rates

The exchange rates for the New Alexandrian écu are determined by the FBNA, based on market conditions, international trade, inflation, and an array of economic indicators.

Currency Exchange Rate (1 NAX€ =)
Craitish Cräite (₢) TBD
Constancian Imperial Stater (C$) TBD
Natopian Natopo (₦) TBD
Shirerithian Erb (S€) TBD
Benacian Sovereign (ß) TBD

See also

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