International Reserve Dollar (Narisis)

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International Reserve Dollar
List of names
ISO 4217
CodeIRD
Denominations
Subunit
 1/100Cent
PluralDollars, Interesi (Colloquial)
Symbol$
Banknotes$1, $5, $10, $20, $50, $100

$500, $1000, $5000, $10000 (Rarely Used)
Coins1, 5, 10, 20, 50 cents
Demographics
User(s)List of users
Issuance
Central bankInternational Clearing Union
Valuation
Pegged withInternational balance of trade, Basket of Reserve Currencies

The International Reserve Dollar (plural: Dollars, symbol: $, currency code: IRD), sometimes colloquially termed as Interes (plural: Interesi), is an internationally-utilized unit of account and world reserve currency. Developed in 1967 as part of the Treyarnon Accords, in response to the Panic of 1965, a major global depression resulting from numerous punitive tariffs and a subsequent slowdown of world trade over the prior decade, largely thought of as being due to the widening political divide between the traditional and radical powers and their respective spheres of influence following the close of the Great Continental War in 1912. Originally developed to not to act as a currency, but rather the source of all financial reserves to draw global finance away from older systems of hard currency and a single unit of account for which to track the balance of world trade, it was converted into its modern, currency-based form in 1987 in order to provide greater access to world markets for businesses and individuals in developing countries, though its currency form has been utilized by other global financial institutions in the decades since.

Overview

The International Clearing Union

History

Pre-1965 Proposals

Panic of 1965

Treyarnon Accords and First Iteration

1987 Reforms

21st Century

Criticism

List of users

Included in this list are all current and proposed member-states and territories of the International Clearing Union, accept the Interes as valid tender, as well as details about their membership, including year of entry and their own national currency which is included in the calculation of the Interes' exchange rate and inflation.

Country or Territory Year Adopted Local Name(s) Subsidiary National Currency Notes
 Cukobai 1967 Matawang
Dusunpan (Conventional)
Cukobaian Gaji The Gaji is one of the "core currencies" which the IRD has been based on since the adoption of the Treyarnon System in 1967, and has a permanent seat on the Board of Directors for the International Clearing Union.
 Huajiang 1967 国美园
Alphabetized Huajiang: Guóměi yuán
Huajiang Yuan The Yuan is one of the "core currencies" which the IRD has been based on since the adoption of the Treyaron System in 1967, and has a permenant seat on the Board of Directors for the International Clearing Union.

Coinage

Notes