Anahuaca peso

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Anahuaca peso
Peso Anahuaca (Spanish)
Gran Rugidoense $200 banknote.jpg
Obverse of the AHP $200 note
ISO 4217
Unit
Symbol$ or GR$
Denominations
Symbol
centavo¢
Banknotes
 Freq. used$20, $50, $100, $200, $300, $400, $500, $1,000
 Rarely used$10, $2,000
Coins
 Freq. used$1, $2, $5, $10
 Rarely used50¢, $20, $50, $100
Demographics
User(s)Anáhuac Anáhuac
Former users
Issuance
Central bankBank of Anáhuac
 Websitewww.bancional.org.ah
PrinterBank of Anáhuac
 Websitewww.bancional.org.gr
MintFábrica Nacional de Moneda Nacional
 Websitewww.fnmm.gob.an
Valuation
Inflation7.65%

The Anahuaca peso (symbol: $; code: AHP) is the currency of Anáhuac. The peso shares the common origin of the Canterian real, continuing to use its sign, "$".

The current ISO 4217 code for the peso is AHP. The peso is subdivided into 100 centavos, represented by "¢". The Anahuaca peso is the 16th most traded currency in the world, the third most traded currency from Olivacia (after the Riamese hull and Hoterallian gen). As of June 1, 2023, the exchange rate of the peso compared to other currencies in Olivacia are as follows: 1 ANP is equal to $6.20 gens and 1 ANP is equal to $0.046 hulls.[1]

History

Etymology

The name was first used in reference to pesos oro ('gold weights') or pesos plata ('silver weights'). The Canterian word peso means weight, which was also used to differenciate itself from the Imperial Riamese pound hull.

First peso

Officially, the first iteration of the Anahuaca peso was adopted on August 1, 1839. However, early attempts to replace the reales dated as back as the Independnece War, where one of the main purposes of the Separatist Army was to replace a "worthless coin". In 1842, the Centralist Republic began the minting of pesos divided into 100 centavos. The restored republic under Raymundo Vigil and Ángel Lenoci continued the minting of centavo coins in base metal or silver, as well as gold coins in pesos.

From 1918 onward the weight and fineness of all the silver coins declined, until 1977, when the last silver 100-peso coins were minted. When the Anterian Common Unit (ACU) was established, the currency worth 2.00 silver pesos, rising afterwards until it stabilized at 12.50 pesos.

Nuevo Peso

Throught most of the 20th century, the Anahuense peso remained one of the more stable currencies in Olivacia, since the economy did not experience periods of hyperinflation common to other countries in the region. However, as a result of the aftermath of its own civil war, Anáhuac defaulted on its external debt in 1976, and as a result the country suffered a severe case of capital flight, followed by several years of inflation and devaluation. The ACU leapt from 12.50 to 19.40 pesos in 1976, and again from 23 to 150 pesos in 1981, stabilizing only in the mid 1980s at above 3,000 GRP/ACU when a government economic strategy called the "Stability and Economic Growth Pact" (Pacto de estabilidad y crecimiento económico, PECE) was adopted under President Sergio Kurosawa.

Around this time, the Anahuense peso was unofficially adopted by the island nation of Freice[2], due to the geographical proximity and emerging trade relationships between said countries.

On January 1, 1993, the Bank of Anáhuac introduced a new currency, the nuevo peso ("new peso", or GRN), written "N$" followed by the numerical amount. One new peso, or N$1.00, was equal to 1,000 of the obsolete GRP pesos. The transition was done with minimal confusion by issuing the Series B "nuevo peso" banknotes in N$10, $20, $50, and $100 denominations with designs nearly identical to the corresponding banknote in the preceding Series A, which were labelled in old pesos.

The new Anahuense peso, however, has continued to depreciate versus other currencies, especially after the Anahuense peso crisis of January 1995. Rates between the peso and the hull were usually far more unstable compared to the usual leaps of the peso and the gen. Notwithstanding these various difficulties the Rugidoense currency has experienced much less cumulative inflation when compared to several other currencies in Olivacia, and the Anahuense peso is now among the 15 most traded currency units.

Coins

Coins of Anáhuac (as of 2022)
Value Images Technical parameters Description Minting history
Obverse Reverse Diameter Weight Composition Edge Obverse Reverse Year
[1] [2] 15.5 mm 1.58 g Stainless steel Plain State title, Coat of Arms of Anáhuac Stylized image of the solar rays of the “Ring of the Quincunxes of the Sun Stone.” 1996
10¢ [3] [4] 17 mm 2.08 g Stylized image of the “Ring of the Sacrifice of the Sun Stone.” 1996
20¢ [5] [6] 19.5 mm (shortest)
Dodecagon
3.04 g Aluminium bronze
92% copper
6% aluminium
2% nickel
Plain State title, State title, Coat of Arms of Anáhuac Stylized image of the “Thirteenth Acatl Day of the Sun Stone.” 1996
50¢ [7] [8] 22 mm
Dodecagon, notched
4.39 g Aluminium bronze
92% copper
6% aluminium
2% nickel
Plain State title, Coat of Arms of Anáhuac Stylized image of the “Ring of Acceptance of the Sun Stone.” 1996
$1 [9] [10] 21 mm 3.95 g
R: 2.14 g
C: 1.81 g
Ring: Stainless steel (as 10¢)
Center: Aluminium bronze (as 50¢)
Plain State title, Coat of Arms of Anáhuac Stylized image of the “Ring of Splendor of the Sun Stone.” 1996
$2 [11] [12] 23 mm 5.19 g
R: 2.81 g
C: 2.38 g
Stylized image of the “Ring of the Days of the Sun Stone.”
$5 [13] [14] 25.5 mm 7.07 g
R: 3.82 g
C: 3.25 g
Stylized image of the “Ring of the Serpents of the Sun Stone.”
$10 [15] [16] 28 mm 10.329 g
R: 5.579 g
C: 4.75 g
Ring: Aluminium bronze (as 50¢)
Center:
65% copper
25% zinc
10% nickel.
Reeded edge State title, Coat of Arms of Anáhuac Circle of the Sun Stone representing Cuauhtlehuanitl with the fire mask. 1997
$20 [17] [18] 32 mm 15.945 g
R: 8.59 g
C: 7.355 g
Ring: Aluminium bronze (as 50¢)
Center:
65% copper
25% zinc
10% nickel.
Reeded edge State title, Coat of Arms of Anáhuac Ahuitzotl II. 2005
$20 (C1) [19] [20] 30 mm 12.67 g
R: 7.16 g
C: 5.51 g
Ring: Aluminium bronze (as 50¢)
Center:
65% copper
25% zinc
10% nickel.
Reeded edge State title, Coat of Arms of Anáhuac Mohamed Navarro 2010
$50 [21] [22] 28 mm 10.329 g
R: 5.579 g
C: 4.75 g
Ring: Aluminium bronze (as 50¢)
Center:
65% copper
25% zinc
10% nickel.
Reeded edge State title, Coat of Arms of Anáhuac Value, F-04 Starfire of the Rebellion. 2005
$100 [23] [24] 28 mm 10.329 g
R: 5.579 g
C: 4.75 g
Ring: Aluminium bronze (as 50¢)
Center:
65% copper
25% zinc
10% nickel.
Reeded edge State title, Coat of Arms of Anáhuac Xiuhtecuhtli Year 2000, Xaliecan "New Fire" ceremony 2000

Banknotes

Anahuense banknotes (as of 2022)
Image Value Dimensions (millimeters) Main Color Description Date of
Obverse Reverse Obverse Reverse printing issue withdrawal
[25] [26] $10 125 × 65 mm Yellow Pre-Canterian Anáhuac: Dizhan head. Archeological site of Los Carrizales. 31 December 2020 28 October 2021
[27] [28] $20 120 × 65 mm Red and Green Bicentennial of Anahuense independence Mangrove ecosystem: Crocodile, red mangrove, and Chan Santa Cruz Biosphere Reserve. 6 January 2021 24 September 2021
[29] [30] $50 125 × 65 mm Magenta Pre-Canterian Anáhuac; Moctezuma III Riparian and lake ecosystems represented by the axolotl and the Río Xocoyotzin. 31 March 2021 28 October 2021
[31] [32] $100 132 × 65 mm Red New Canteria; Virrey Juan Carlos de Gavrilia Temperate forest ecosystems represented by the monarch butterfly and the Monarch Butterfly Biosphere Reserve 8 May 2020 12 November 2020
[33] [34] $200 139 × 65 mm Green Anahuense War of Independence; Aramberri Lavín Desert and matorral ecosystems represented by the golden eagle and the Desierto de Jilachi y Planta Álcamar reserve. 28 November 2018 2 September 2019
[35] $300 146 × 65 mm Blue La Reforma and Restoration of the Republic; Raymundo Vigil Coastal, marine and insular ecosystems represented by the gray whale and Isla Roca Roja biosphere. 19 May 2017 27 August 2018
[36] [37] $400 153 × 65 mm Gray Rugidoense Revolution; Germán Castillejos, Francisco Venegas & Martín Falcón Desert ecosystems represented by a scorpion and N.de.R. 2143. 10 June 2019 19 November 2020
[38] [39] $500 159 × 65 mm Brown Anahuense Civil War; Susete Hernández Niño and F-04 Starfires Urban landscape represented by the ruins of San Jorge Xayacatlán with citizens helping cleanse the debris. 19 September 2020 24 September 2021
[40] [41] $1,000 159 × 65 mm Orange Contemporary Anáhuac; Tomás Treviño. Urban landscape represented by general overview of San Jorge Xayacatlán. 3 July 2018 5 December 2020
[42] [43] $2,000 159 × 65 mm Purple Anahuense Political Crisis; Videl de la García. Industrial landscape represented by the refinery of Santa Lucía. 16 October 2021 21 August 2022

Usage outside Anáhuac

Some establishments in border areas of Zhiguryia and accept Anahuense pesos as currency, such as certain border stores, restuarants and gasoline stations. Given it close distance compared to Riamo, Freice began utilizing the Anahuense peso as a secondary currency in the 1980s, provoking an initial controversy before it was accepted. On July 2022, the Anahuense peso was accepted as a viable currency, alongside the Hoterallian gen. After the 2023 Freician constitutional referendums, the use of pesos in Freice was discontinued after the island voted for the Hoterallian gen as the sole valid currency.[3]

Other than the aformentioned circumstances and events, Anahuense pesos are generally not accepted as currency outside of Anáhuac.

Notes

  1. Adopted the 1980s, recognised as an official currency in July 2022 and use discontinued in April 2023.
  1. Periodico El Trueque. (2023). El peso gana ligero terreno contra el gen y el hull.
  2. The Sekapa Diary (2007). Anahuense peso accepted as currency on the ports of Sekapa.
  3. "Constitutional Referendum 2022". Government of Freice. 31 October 2022. Retrieved 2 November 2022.