Elbailandian dirham

Revision as of 00:46, 19 August 2024 by ElbailandOfficial (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
Elbailandian dirham
درهم بالاندى (Arabic)
Эльбайландский дирхам (Russian)
Элбайландия дирхамы (Kyrgyz)
Elbailand dirhem (Turkish)
Elbailandian dirham.png
obverse of a 5-dirham bill
ISO 4217
CodeELD
Denominations
Superunit
 1000dinar (دينار)
Subunit
 1/100fil (فلس)
Pluraldirham
 fil (فلس)fils
Symbolد.إ (E-Dh/s)
 fil (فلس)ف.د (E-Fl/s)
Nicknamedirry
 fil (فلس)filly
Banknotes
 Freq. used10E-Dhs, 20E-Dhs, 50E-Dhs, 1000E-Dhs (1E-Dn)
 Rarely used5E-Dhs.
Coins
 Freq. used20E-Fls, 50E-Fls, 1E-Dh.
 Rarely used1E-Fl
Demographics
Date of introductionAugust 14th, 2024
User(s)9089E54A-54B8-4377-9918-2868F277F8D6.png Elbailand
Issuance
Central bankCentral Bank of Elbailand
 Websitewww.centralbank.gov.el
PrinterElbaistadt Money Plant
 Websitewww.centralbank.gov.el/print
MintElbaistadt Money Plant
 Websitewww.centralbank.gov.el/mint
Valuation
Value1E-Dh = 4.12 US$

The Elbailandian dirham (see infobox for translations, code ELD) is the official currency of Elbailand. It is abbreviated as ELD, or د.إ. It is subdivided into 100 fils. 1000 E-Dhs (د.إ ١٠٠٠) equal 1 E-Dd (١ د.د)

Value

Unlike major currencies, the Elbailandian dirham is not a fiat currency and is equal to 4.12 dollars, making it more valuable than the Kuwaiti dinar. This is due to Elbailand's copper and oil-backed economy. Copper in Elbailand is a common valuable material found in the Tianmi Mountains, however only official mining teams can enter the Tianmi Mountains Mines.

Inflation

Cryptocurrency is a common form of payment in Elbailand so the government is not required to print more and more, however money is still being printed at a slow rate.

Coins

The coins are made of brass and nickel. They include their denomination in all 5 recognized languages of Elbailand.

Caption text
Image (obverse and reverse) Value Diameter Thickness Mass Composition Edge Obverse description Reverse description First minted
1FIL.png Example Example Example Example Example Example Example Example Example
Example Example Example Example Example Example Example Example Example Example
Example Example Example Example Example Example Example Example Example Example
Example Example Example Example Example Example Example Example Example Example