Exchange Rates

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Exchange Rates

Post  Gramstandard on Wed Jul 22, 2009 4:09 pm

This seems to be an issue. 1 gram (gramstandard) is equal to 86 Drakme (Batiska), and 91 bolts (Peecekeeper).
This will become a bigger issue once trade comes into play. How would y'all propose we resolve this?
Cite


Last edited by Gramstandard on Sun Jul 26, 2009 10:54 pm; edited 1 time in total
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Re: Exchange Rates

Post  Aidsboat Nation on Wed Jul 22, 2009 9:35 pm

A Region wode currency, like the Euro.

Make one Fee Society Dollar equal to x Grams and x sharkteeth, ect
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Re: Exchange Rates

Post  Lower Land on Wed Jul 22, 2009 9:38 pm

I like it. What will we call it?

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Re: Exchange Rates

Post  Aidsboat Nation on Wed Jul 22, 2009 9:47 pm

Free Bills?

Society Dollars?

Freedom Notes?

We could vote on it...
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Re: Exchange Rates

Post  Gramstandard on Wed Jul 22, 2009 10:03 pm

the Grand. A vote sounds good to me.
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Re: Exchange Rates

Post  Guest on Sun Jul 26, 2009 9:18 pm

I also suggest a vote. I also think we should have a stickied post with exchange rates and updated every time another nation is recruited into Free Society. Haightstock's currency is the Weed. How will trade be handled?

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Re: Exchange Rates

Post  THeOutland on Sun Jul 26, 2009 10:45 pm

if a new nation joins our region exchange rates of existing currency needs to be found this is as trouble some as different currencies
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Re: Exchange Rates

Post  Gramstandard on Sun Jul 26, 2009 10:53 pm

Haightstock wrote:I also suggest a vote. I also think we should have a stickied post with exchange rates and updated every time another nation is recruited into Free Society. Haightstock's currency is the Weed. How will trade be handled?
If you notice, there is a link in the first post which lays it all out. And consider this thread stickied.
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Re: Exchange Rates

Post  Meadowdale on Sun Jul 26, 2009 10:53 pm

What about a universal name, such as credit or piece?

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Re: Exchange Rates

Post  Aidsboat Nation on Sun Jul 26, 2009 11:48 pm

That link is really cool. Are you going to Add an exchange rate thing to it? Can you?

EDIT: Retracting my proposition of using the Drakma as the Regional currency, on account of that being Batiska's national currrency. Sorry Bro!


Last edited by Aidsboat Nation on Mon Jul 27, 2009 12:15 am; edited 1 time in total
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Re: Exchange Rates

Post  Meadowdale on Sun Jul 26, 2009 11:50 pm

On the bar on the left hand side exchange rates is right under Free Society. It has each country's monetary unit value compared to the US dollar.

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Re: Exchange Rates

Post  Aidsboat Nation on Sun Jul 26, 2009 11:55 pm

No, there is no exchange rate. That's the GDP (Gross Domestic Product), which is one way economists measure the economic progress of a country. It's the total of all the money the nation's citizens and corperations make in a year, and that's how Nationstates tells you you have a good economy, a failing one,or an imploded one.
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Re: Exchange Rates

Post  Meadowdale on Sun Jul 26, 2009 11:58 pm

Yes, there is. In the sidebar where it says Free Society, look right underneath that. You will see a button that says exchange rates.

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Re: Exchange Rates

Post  Aidsboat Nation on Mon Jul 27, 2009 12:12 am

OHHH...my bad, I thought you were talking about the column in the table....the sidebar blended in with the grey
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Re: Exchange Rates

Post  Guest on Mon Jul 27, 2009 8:13 pm

Oh man, that is an awesome site. Wonder how they calculate all this.

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Re: Exchange Rates

Post  THeOutland on Mon Jul 27, 2009 10:09 pm

they use practical economy and printing info look at the poorer nations their "bills" is very weak when one like mine is worth more than a dollar


on that link it doesn't seem to update my economy grew to power house but it still marks me as thriving there
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