Novo-Erecteutolectrocian Moneta

The Novo-Erecteutolectrocian Moneta is the currency of the Commonwealth of Novo-Erecteutolectrocia. A design for banknotes is currently in the making process. The abbreviation of this currency is either NEM or 𝕄.

Novo-Erecteutolectrocian Moneta
(Thai): โมเนต้าโนโวอีเร็กทิวโทเล็กโตรเซีย
ISO 4217
Code	NEM
Number	287
Denominations
Superunit
1000	Novo-Erecteutolectrocian Złoty
Subunit
1⁄100	Novo-Erecteutolectrocian Miedź
Plural	Novo-Erecteutolectrocian Monety
Symbol	𝕄
Nickname	Moneta
Demographics
User(s)	Commonwealth of Novo-Erecteutolectrocia
Issuance
Central bank	National Bank of Novo-Erecteutolectrocia Commonwealth
Printer	Ministry of National reserve
Mint	Ministry of National reserve
Valuation
Pegged with	Thai Baht
Value	1 𝕄 = 10 ฿

History

On the date of 28 July 2023, where the first National Sejm official meeting was held, the topics about the Novo-Erecteutolectrocian Moneta was discussed. The Novo-Erecteutolectrocian Moneta has declared as the national currency since then. Currently, there is no any banknote published by the national bank yet and the Commonwealth still used THB as the main currency for exchanging goods.

Exchange rate

Once every week since the constitution has finished, the exchange rate will change every 1 week and also the prices of goods. But currently, due to unfinished National Statute on Currency, the exchange rate was locked into 10 THB.

Month, Year	THB/𝕄	USD/𝕄
August, 2023	฿10	$0.28
September, 2023
October, 2023		$0.27
November, 2023		$0.28
December, 2023		$0.29