Currency

National Currency of the Commonwealth of Greenwick

The official currency of the Commonwealth of Greenwick is the Greenwick Dollar (GUD). The GUD serves as the primary medium of exchange within Greenwick and is managed and regulated by the Ministry of Finance.

Currency Symbol and Code

• Symbol: G$
  
  

• ISO Code: GUD
  
  

• Currency Name: Greenwick Dollar
  
  

Introduction to the Greenwick Dollar (GUD)

The Greenwick Dollar was introduced in 2023, immediately after the founding of the Commonwealth, as a symbol of national identity and economic sovereignty. It is used exclusively within Greenwick for everyday transactions and is accepted in all provinces and regions.

The currency is carefully regulated to maintain stability and support the country’s growing economy.

Coins and Banknotes

The Greenwick Dollar is available in both coin and banknote formats. The Central Bank of Greenwick oversees the design and issue of these monetary forms.

Coins:

• 1 G$
  
  

• 5 G$
  
  

• 10 G$
  
  

• 50 G$
  
  

Banknotes:

• 100 G$
  
  

• 500 G$
  
  

• 1,000 G$
  
  

Each coin and banknote features iconic national symbols such as the Greenwick Red-Tail Falcon, the Coastline of Westmarch, and the Royal Crest.

Central Bank of Greenwick

The Central Bank of Greenwick (CBG) is the nation’s financial institution responsible for regulating currency supply, setting interest rates, and ensuring economic stability.

• Functions of the CBG:
  
  

  • Currency Production
    
    

  • Monetary Policy
    
    

  • Inflation Control
    
    

  • Foreign Exchange Reserves Management
    
    

The Central Bank also works closely with the Ministry of Finance to align fiscal policy and ensure the smooth functioning of Greenwick’s economy.

Currency Exchange & International Trade

As Greenwick maintains peaceful and diplomatic relations with micronations and friendly sovereign states, the Greenwick Dollar can be exchanged with other currencies based on negotiated exchange rates. This supports international trade, investments, and partnerships.

Greenwick does not engage in large-scale international monetary exchanges, focusing instead on internal economic stability and developing mutually beneficial trade agreements with its closest allies.

Digital Currency and Payments

In 2024, Greenwick introduced digital payments through an online platform, making it easier for citizens and businesses to handle transactions electronically. The Greenwick Dollar Digital (GUD-D) is the digital equivalent of the physical Greenwick Dollar, offering:

• Easy and secure digital transactions
  
  

• Online trade and e-commerce support
  
  

• Government services payments and subsidies
  
  

• Integration with Greenwick’s national banking system
  
  

Economic Stability

Greenwick's monetary policy aims to maintain:

• Low inflation
  
  

• Stable currency value
  
  

• Balanced fiscal policies
  
  

• Economic growth opportunities for citizens and businesses
  
  

Conclusion

The Greenwick Dollar (GUD) is more than just a currency; it is a representation of the nation's independence, economic growth, and unity. Whether through physical coins and notes or the digital platform, the Greenwick Dollar supports daily life, international trade, and financial prosperity for all Greenwickians.