Carlosian dero

Carlosian dero
ISO 4217
Code	DER
Denominations
Subunit
1/100	cent
Symbol	D£
cent	c
Banknotes
Freq. used	D£1, D£2, D£5, D£10, D£20, D£50, D£100
Coins
Freq. used	5c, 10c, 20c, 50c
Rarely used	1c, 2c
Demographics
Date of introduction	1581 (1581)
User(s)	Carloso Victory
Issuance
Central bank	Bank of Carloso
Website	nationalbank.cs
Mint	National Mint
Valuation
Inflation	0.26%
Method	CPI
Pegged by	Acarian pound Victorian dero Taliaferran real Gran Laurencian real

The Carlosian dero (symbol: D£; ISO code: DER) is the official currency in Carloso.

Converting between the international standard dollar ($) and the dero, the rate is currently D£0.46 = $1.

As part of a campaign to improve the durability of banknotes and combat the production of counterfeits, the Bank of Carloso began issuing hybrid paper-polymer D£1 notes beginning in 2016, followed by D£2 notes in 2017, D£5 and D£10 notes in 2018. In 2019 D£20 notes were issued and D£50 notes in 2021, completing the transition. From the 1 January 2023 old paper notes are no longer legal tender though can be exchanged for paper-polymer ones at any financial institution or post office in Carloso. They can also be deposited in any Carlosian bank account.

Etymology

When Carloso began issuing its owns coins following independence from Spain in 1581, there was a desire to distinguish it from the previous currency, the Spanish colonial real. Ultimately it was named the dero after wealthy merchant Eiris Dero, who used his extensive wealth to finance Cárlos de Oso and his rebellion against Spanish rule.

Banknotes

Image		Value	Year	Dimensions (millimetres)	Main colour		Design		Description
Obverse	Reverse						Obverse	Reverse
		D£1	2016	120 × 55 mm		Blue	Coat of arms, Bank of Carloso building	Viernes Archives, Arits Siurana	The D£1 note was the first of the current series of paper-polymer banknotes. It features a portrait of Colonel Arits Siurana, who led a last-stand of Carlosian forces in Secano during the Emergency War, ultimately being killed while defending the Viernes Archives in the city centre. The rebuilt Viernes Archives, which were opened in 2014, is also depicted.
		D£2	2017	125 × 60 mm		Green	Coat of arms, Bank of Carloso building	Rangel Gardens, Featris Quiroga	The D£2 note features novellist Featris Quiroga. It also features Rangel Gardens, which are a central location in her seminal work Summer in Sendia.
		D£5	2018	130 × 65 mm		Orange	Coat of arms, Bank of Carloso building	Negron Palace, Jair Moran	The D£5 note features the 31st President of Carloso Jair Moran, who was assassinated in 1987. It also depicts Negron Palace, the official residence of the President of Carloso.
		D£10	2018	135 × 75 mm		Magenta	Coat of arms, Bank of Carloso building	CN Madrigal, Arnau Madruga	The D£10 note features Fleet Admiral Arnau Madruga, considered one of the greatest Carlosian military commanders of the Emergency War, and his flagship the battleship CN Madrigal. The see-through window includes a depiction of the Carlosian Navy insignia for a Fleet Admiral, Madruga's rank.
		D£20	2019	140 × 80 mm		Violet	Coat of arms, Bank of Carloso building	Carlosian super heavy-lift launch vehicle, Duran Febles	The design of the D£20 note was chosen to mark the 60th anniversary of the National Space Research Office. It features a portrait of its first Chief Executive, Duran Febles and a depiction of a Carlosian super heavy-lift launch vehicle. The see-through window includes a depiction of a space probe.
		D£50	2021	145 × 85 mm		Yellow	Coat of arms, Bank of Carloso building	Monrentera Palace, Emmanuel Sartega	The D£50 note features the headquarters of the National Assembly of Carloso, Morentera Palace, and Carlosian statesman Emmanual Sartega, who served as President of Carloso from 1946 to 1956. The see-through window includes a depiction of Laris Tower.
		D£100	2023	150 × 85 mm		Grey	Coat of arms, Bank of Carloso building	Madrigal Cathedral, Cárlos de Oso	The D£100 note features Carloso's founder and posthumous namesake, Cárlos de Oso, and Madrigal Cathedral, the largest church in Musgorocia and his place of burial. The see-through window includes a depiction of the Triumphal Arch.