Ponča
The ponča (symbol: ₽; code: TDP; sometimes referred to as the pound or colloquially qad) is the official currency of three nations; Tierrador, Ceylonia, and Porlos. From its inception in 677 AD to 1959, the ponča was considered commodity money or bank notes backed by silver or gold. From 1959 until 1981, the currency was solely backed by gold, but following the Revised Currency Act of 1981, the ponča was transformed into fiat money, backed only by the economy in the areas where it is accepted. The ponča is one the world's oldest currency still in use, despite it not being used consistently throughout Tierradorian history. The ponča is also referred to as the “pound” in most Ænglish-speaking areas of Tierrador, since “ponča” is the Qabóri translation of the word pound, and it is divided into 100 citêt (cents).
| Ponča | |
|---|---|
| ISO 4217 | |
| Code | TDP |
| Denominations | |
| Subunit | |
| 1⁄100 | Citêt |
| Plural | Pončat |
| Symbol | ₽ |
| Nickname | Qad, Pound, Polas (plural) |
| Banknotes | |
| Freq. used | ₽5, ₽10, ₽20, ₽50, ₽100 |
| Rarely used | ₽1, ₽2, ₽500 (in circulation), ₽1,000 (discontinued, still legal tender), ₽1,000,000, ₽100,000,000 (discontinued, illegal to use unless approved by treasury) |
| Coins | |
| Freq. used | ç10, ç25, ç50, ₽1, ₽2 |
| Rarely used | ç1, ç5 |
| Demographics | |
| Date of introduction | 677 AD |
| User(s) | Tierrador Ceylonia Porlos |
| Issuance | |
| Central bank | National Bank of Tierrador |
| Website | www |
| Printer | Office of Printing & Engraving |
| Website | www |
| Mint | Terranóc Mint & Treasury |
| Website | www |
| Valuation | |
| Inflation | 3.06% |
The monetary policy of the Tierradorian Woqalate is conducted by the National Bank of Tierrador along with the Tierradorian Federal Reserve System, which acts as a secondary central bank for the nation. As of May 2030, there are close to 212 billion pončas in circulation, with 178 billion pončas being represented in banknotes and 34 billion pončas being represented in coins and older-style banknotes.
History
TBA
Banknotes
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Coins
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Monetary Policy
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eCommerce
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Exchange Rates
| Currency Units | 1 Ponča = |
|---|---|
| Levantine Taler | 0.848 |
| Kiravian Saar | 0.881 |
| Caphirian Aureus | 0.907 |
| United Republic Dollar | 0.969 |
| Universal Standard Dollar | 1.202 |
| Cartadanian Esucdo | 1.106 |
| Fanerian Barra | 2.181 |
| Arcer Pound | 4.771 |
| Daxian Lire | 9.952 |
| Cape Saer | 11.344 |
| Asterian Dollar | 24.111 |
| Castadillaan Peseta | 27.496 |
| Palmerian Salia | 34.227 |
| Istrenyan Pound | 97.335 |
| Canespan Capesa | 107.443 |
| Malentine Pound | 144.178 |