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Nich
力克

ISO 4217 code

NIC

Central Bank

Central Bank of Nicholasland

Official users

Wiki Nicholasland

Inflation

0.95% (2015)

Subunit
(1/100)

¢ - Cent (仙)

Unit

₦ - Nich (力克)
$ - Dollar / 蚊 (Colloquially)

Coins

10¢, 20¢, 50¢, ₦1, ₦2, ₦5

Banknotes

₦10, ₦20, ₦50, ₦100, ₦500, ₦1000


Nich (symbol: ₦; code: NIC; Traditional Chinese: 力克) is the currency of Nicholasland. The Nich divides into 100 cents. After the establishment of the Third Kingdom of Nicholasland in 1993, the Nich has replaced a series of different currencies issued by each autonomous country and the United States Dollar, in becoming the sole legal tender of the sovereign state.

The Nich is issued by the Central Bank of Nicholasland. Cosmobank, a regional bank in Cosmoplay Region, reserves limited rights in the ability to issue the Nich.

HistoryEdit

TerminologyEdit

CoinsEdit

BanknotesEdit

Exchange ratesEdit

The Nich is not pegged to any currencies. The Central Bank of Nicholasland does not plan to interfere the foreign exchange rate market, and thus have no target value set for the Nich in exchange rates.

As of 18 November 2015, the Nich was trading against the United States Dollar (USD) at a rate of $1 USD to ₦1.93 NIC.

Historically, rates have been as low as $1 USD to ₦2.42 NIC.

See alsoEdit

This article/section is incomplete. Expansion of this article/section is needed.

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