Mhuvalja-Ainguximoqrunian Rhuli

Rhuli redirects here. For other uses, see Rhuli (disambiguation).

Mhuvalja-Ainguximoqrunian Rhuli Rhuli Mhuvalja-Ainguximoqruniqqo
Introduced	2014
Replaced	AXR, RDD (in M-A)
ISO 4217	MAR
Symbol	℘
Central Bank	Vanak ke Mhuvalja-Ainguximoqrun
Users	Mhuvalja-Ainguximoqrun
Pegged with	Redentran Dollar (at par)
Value	℘1 MAR = $1.41 NSD
Subunits
1/100	Cent(c)
Coins	5c, 10c, 20c, 50c, ℘1, ℘2
Notes	℘1, ℘5, ℘10, ℘20, ℘50, ℘100, ℘200
Printer	Department of the Treasury
Mint	Department of the Treasury

The Mhuvalja-Ainguximoqrunian Rhuli (Rhuli Mhuvalja-Ainguximoqruniqqo, sign: ℘; code: MAR; also abbreviated MA$ or MA℘), or simply Rhuli, is the official currency of Mhuvalja-Ainguximoqrun. It is divided into 100 smaller units called cents (centyq).

The Rhuli is fiat money. While only officially used in Mhuvalja-Ainguximoqrun, it is also widely accepted in parts of Redentro near the border.

Relationship with the Redentran Dollar

The Rhuli is pegged to the Redentran Dollar on a one-to-one basis. The Department of the Treasury maintains the parity by using selective credit controls and changes in the discount rate and to some extent controlling the amount of the currency in circulation.

Although most currencies are subject to exchange control laws in Mhuvalja-Ainguximoqrun, a special agreement with Redentro allows for these to be waived for conversions between the Redendran Dollar and the Rhuli. Registered merchants (most store owners) can exchange Redentran Dollars for Rhulis through the government, but individuals and private banks do not have this ability. As a result, banks will usually have a surcharge for converting between the currencies, but most stores will accept Redentran Dollars.

However, despite the wide acceptance of Redentran bills and the Redentran $1 and $4 coins, other coins are usually not accepted at most locations. This is because the Rhuli is divided into 100 cents, but the Redentran dollar is divided into 16 parts. Those merchants who do accept Redentran coins accept only the ^d4, ^d8, ^$1, and ^$4 coins as 25^c, 50^c, ℘1, and ℘4, respectively.

History

The Mhuvalja-Ainguximoqrunian Rhuli became the official currency of Mhuvalja-Ainguximoqrun upon its inception on January 2, 2014. Prior to this, the region was a protectorate of Redentro, and used the Redentran Dollar exclusively. Prior to that, under the government of Ainguximoqrun, the Ainguximoqrunian Rhuli was used.

Coins

The 5^c and 10^c coins are copper colored, the 20^c and 50^c coins are silver colored, and the ℘1 and ℘2 coins are gold colored.

The 5^c coin bears an image of the national seal of Mhuvalja-Ainguximoqrun on the reverse, and the image of Selem Sintrand, the national motto, "Ainguximoq dresas jusari!", and the text "5 centyq" on the obverse.

The 10^c coin shows a map of Kalindazu and the motto on the reverse and a portrait of Juqiro Kelasemanhra and the text "10 centyq" on the obverse.

The 20^c coin depicts a bluebird on the reverse and a portrait of Karuman Selto and the text "20 centyq" on the obverse. The national motto is impressed on the rim of the coin.

The 50^c coin depicts two bottlenose dolphins on the reverse. The obverse shows a french horn and the text "50 centyq". The national motto is impressed on the rim of the coin.

The ℘1 coin depicts a rose bud on the reverse with the national motto. The obverse shows an outline of Mhuvalja-Ainguximoqrun and the denomination "℘1".

The ℘2 coin depicts a palm branch on the reverse. The obverse shows an outline of Mhuvalja-Ainguximoqrun and the denomination "℘2". The national motto is impressed on the rim of the coin.

Bills

Bills exist in denominations of ℘1, ℘5, ℘10, ℘20, ℘50, ℘100, and ℘200. Each bill is a different color. All bills display the denomination on both sides, and the ℘ symbol, as well as the text "Vanak ke Mhuvalja-Ainguximoqrun" on both sides and the text "Qur erax leccis qqiner aph omna deptuq aba publika luy privaty" on the back.

The ℘1 bill is blue and depicts government house #3 on the front, and two dolphins jumping out of the water on the back. The ℘5 is green and depicts Alanoq hill on the front and a snake in a patch of dirt on the back. The ℘10 is yellow and depicts the Lorga River on the front and a chickadee on the back. The ℘20 is orange and depicts Rupana South Beach on the front and a crab on the beach on the back. The ℘50 is red and depicts Kalindazu's city center on the front and a Monarch butterfly on a leaf on the reverse. The ℘100 is purple and depicts sailboats on the ocean on each side. The ℘200 is in full color and depicts the founding order on the back and a portrait of Selem Sintrand on the front. The last is not designed in the style of the others, but rather in the style of the old Ainguximoqrunian Rhuli.