Madorian corona

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Madorian corona
corona madoriana
ISO 4217
Unit
Unitcorona
Symbol₡, M₡
Denominations
Subunit
 ​1100cobre
Demographics
Date of introductionNovember 1, 1977 (1977-11-01)
User(s) Costa Madora
Issuance
Central bankBanco Central de Reserva de Madora
PrinterCasa de Moneda
MintCasa de Moneda
Valuation
Inflation2.6% (July 2022)
 SourceOficina Nacional de Estadísticas y Censos

The Madorian corona (symbol: ; code: MCR; also abbreviated M₡ to distinguish it from other corona-denominated currencies), is the official currency of Costa Madora. It is subdivided into 100 cobres. After successive monetary exchanges, Costa Madora adopted the corona on November 1, 1977, which, combined with the drastic drop in inflation rates, constituted a stable currency for the country. It was implemented during the mandate of President Javier Elías Aguados, under the command of the then Minister of Finance, Miguel Henrique Asalvez, later elected President.

It is the third-most traded currency in Cunova, after the Aurinian dollar (AUR$) and the keuris.