B'ul (currency): Difference between revisions
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The '''B'ul''' ({{wp|Currency symbol|symbol}}: ฿, {{wp|ISO 4217|code}}: BUL) is the official {{wp|currency}} of the [[Mutul|Divine Kingdom]]. It is notable for his value being {{wp|Fixed exchange rate system|pegged}} to a basket of [[Mutulese Chocolate|Mutulese cocoa beans]] of the {{wp|Cocoa_bean#Criollo|Criollo cultivar}} with the ideal value of a B'ul being that of a single cocoa bean. There is thus no subdivision of the B'ul as the money is instead generally used in greater quantities or in units of greater values. The most popular units are the '''B'akb'ul''' (฿400), and the '''Pikb'ul''' (฿8000). Like other systems in the Mutul, the B'ul is a {{wp|Vigesimal|base 20 system}} which mean each units represent 20 elements of the lower values. | The '''B'ul''' ({{wp|Currency symbol|symbol}}: ฿, {{wp|ISO 4217|code}}: BUL) is the official {{wp|currency}} of the [[Mutul|Divine Kingdom]]. It is notable for his value being {{wp|Fixed exchange rate system|pegged}} to a basket of [[Mutulese Chocolate|Mutulese cocoa beans]] of the {{wp|Cocoa_bean#Criollo|Criollo cultivar}} with the ideal value of a B'ul being that of a single cocoa bean. There is thus no subdivision of the B'ul as the money is instead generally used in greater quantities or in units of greater values. The most popular units are the '''B'akb'ul''' (฿400), and the '''Pikb'ul''' (฿8000). Like other systems in the Mutul, the B'ul is a {{wp|Vigesimal|base 20 system}} which mean each units represent 20 elements of the lower values. | ||
The monetary policy of the [[Mutul]] is dictated by the [[Central Chocolate | The monetary policy of the [[Mutul]] is dictated by the [[Central Chocolate Mill]] which act as the Divine Kingdom' {{wp|Central bank}}. | ||
==Valuation== | ==Valuation== | ||
Revision as of 09:29, 24 May 2023
 0 Glyph used as the B'ul symbol | |
| ISO 4217 | |
|---|---|
| Unit | |
| Plural | B'ulob |
| Symbol | ฿ |
| Nickname | The Bean |
| Denominations | |
| Banknotes | |
| Freq. used | ฿400, ฿8000, ฿160000 |
| Rarely used | ฿1, ฿3200000 |
| Demographics | |
| Official user(s) |  Mutul |
| Unofficial user(s) |  [[|]] |
| Issuance | |
| Central bank | Central Chocolate Mill |
| Valuation | |
| Inflation | 1.04% (April 2023) |
The B'ul (symbol: ฿, code: BUL) is the official currency of the Divine Kingdom. It is notable for his value being pegged to a basket of Mutulese cocoa beans of the Criollo cultivar with the ideal value of a B'ul being that of a single cocoa bean. There is thus no subdivision of the B'ul as the money is instead generally used in greater quantities or in units of greater values. The most popular units are the B'akb'ul (฿400), and the Pikb'ul (฿8000). Like other systems in the Mutul, the B'ul is a base 20 system which mean each units represent 20 elements of the lower values.
The monetary policy of the Mutul is dictated by the Central Chocolate Mill which act as the Divine Kingdom' Central bank.
Valuation
As of 2023, the B'ul is worth 0.024 Latin solidus. The exchange rates are thus as follow:
| Unit | Subdivision | Solidii value |
|---|---|---|
| 1 B'ul | $0.024 | |
| 1 K'ab'ul | ฿20 | $0.480 |
| 1 B'akb'ul | ฿400 | $8.160 |
| 1 Pikb'ul | ฿8,000 | $192 |
| 1 Kalab'ul | ฿160,000 | $3,840 |
| 1 Kʼinchilb'ul | ฿3,200,000 | $76,800 |
| 1 Ajawb'ul | ฿64,000,000 | $1,536,000 |
| 1 Hablab'ul | ฿1,280,000,000 | $28,800,000 |