Californian Sovereign
| Sovereign | |
|---|---|
| ISO 4217 | |
| Code | CES (formerly CFS) |
| Number | 841 |
| Exponent | 2 |
| Denominations | |
| Superunit | |
| 100 | Eagle Đ100 |
| 500 | 5 Eagles Đ500 |
| 1,000 | 1 Centurion, 1K (slang) Đ1,000 |
| 5,000 | 5 Centurions, 5K (slang) Đ5,000 |
| 10,000 | 10 Centurions, 10K (slang) Đ10,000 |
| Subunit | |
| 1⁄2 | Demi or Half đ0.50 |
| 1⁄4 | Quarter đ0.25 |
| 1⁄10 | Dime đ0.10 |
| 1⁄20 | Nickel or Cinq đ0.05 |
| 1⁄100 | Penny or Cent đ0.01 |
| Plural | Sovereigns |
| Symbol | Đ |
| Demi or Half | đ |
| Demi or Half | demis |
| Banknotes | Đ1, Đ5, Đ10, Đ20, Đ50, Đ100, Đ500, Đ1,000, Đ5,000, Đ10,000 |
| Freq. used | Đ1, Đ5, Đ10, Đ20, Đ50, Đ100 |
| Rarely used | Đ500, Đ1,000, Đ5,000, Đ10,000 |
| Coins | đ1, đ5, đ10, đ25, đ50, Đ1, Đ5, Đ10, Đ20 |
| Freq. used | đ1, đ5, đ10, đ25, đ50, Đ1, Đ5 |
| Rarely used | Đ10, Đ20 |
| Demographics | |
| Date of introduction | January 1, 2001; 301 years ago |
| Source | January 1, 2001; 301 years ago |
| User(s) |  Californian Empire |
| Issuance | |
| Central bank | Federal Reserve of the Californian Empire |
| Printer | Bureau of Engraving and Printing |
| Mint | San Francisco, Denver, Portland, Johannesburg, Paris |
| Valuation | |
| Inflation | -7.5% |
| Source | 2302 |
| Method | Californian Empire Federal Reserve, CPI |
| Pegged with | USD until 1 January 2006 |
| Value | Đ1 CES = $2.15 USD |
| Pegged by | Federal Reserve of the Fed. Rep. of California |
Introduced 1 January 2001 to establish a national currency separate and distinct from that of the United States Dollar, the Sovereign is the national currency of the Californian Empire. The symbol for Sovereign banknotes is Đ, while the symbol for coinage is đ. Federal Reserve Bank of the Californian Empire oversees the printing of all banknotes, minting of coinage, and all fiscal policies in regards to the Sovereign. Upon introduction, the Sovereign was pegged 1:1 with the United States Dollar until economic development and international trade provided enough momentum for the value of the Sovereign to increase, no longer requiring the fixed exchange rate. During this period, the exchange rate value of the Sovereign surpassed that of the United States Dollar, and eventually the European Euro, until it became the second most valued currency behind that of the British Pound.
