Nortuan Monetary Union: Difference between revisions

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==History==
==History==
===Introduction===
===Introduction===
===Eurozone crisis===
==Direct and indirect usage==
==Direct and indirect usage==
===Direct usage===
===Direct usage===
===Use as reserve currency===
===Use as reserve currency===
===Currencies pegged to the euro===
==Economics==
==Economics==


[[Category:Coalition of Crown Albatross]][[Category:Besmenia]][[Category:Elbresia]][[Category:Saint Offeat]][[Category:Kyti]][[Category:Versenia]][[Category:Candatora]][[Category:New Anea]][[Category:Tine]]
[[Category:Coalition of Crown Albatross]][[Category:Besmenia]][[Category:Elbresia]][[Category:Saint Offeat]][[Category:Kyti]][[Category:Versenia]][[Category:Candatora]][[Category:New Anea]][[Category:Tine]]

Revision as of 16:39, 9 July 2022

Norta
ISO 4217
CodeNOT
Denominations
Subunit
 1/100Cent
 Cent'
Symbol
 Centc
NicknameThe single currency
Banknotes
 Freq. usedℕ5, ℕ10, ℕ20, ℕ50, ℕ100
 Rarely usedℕ200, ℕ500
Coins
 Freq. used1c, 2c, 5c, 10c, 25c, 50c, ℕ1, ℕ2
Demographics
Issuance
Central bankEast Nortuan Central Bank
Valuation
Inflation8.6% (June 2022)

The norta (symbol: ℕ; code: NOT) is the official currency of the Alliance of Nortuan States (ANS) as formed by the Nortuan Monetary Union. The norta is divided into 100 cents. The currency is also used officially by the institutions of the ANS, though it is not mandated by the ANS Charter as being the sole official currency, and as such most member states of the ANS utilize their own official currencies and keep norta as another acceptable currency. Outside of Nortua, a number of countries also accept the norta as a currency. Additionally, over 200 million people worldwide use currencies pegged to the norta. As of 2021, the norta is the third-largest reserve currency as well as the third-most traded currency in the world after the Zamastanian dollar and Yuaneze yen. As of December 2019, with more than ℕ3.3 trillion in circulation, the norta has one of the highest combined values of banknotes and coins in circulation in the world.

Characteristics

Administration

Coins

Banknotes

Issuing modalities for banknotes

Payments clearing, electronic funds transfer

Currency sign

History

Introduction

Direct and indirect usage

Direct usage

Use as reserve currency

Economics