Currency Exchange Proposal

[Baron]

I'm thinking that to make different currencies exchangeable, since nobody wants to use a unified currency, is to invent a method of exchange.

My idea is to base currency exchange directly off the economy rating (/100 one), which provides a fast and easy comparison of how your money measures up to other currencies.

Having a 50/100 rating and exchanging to a 75/100 rating is equivalent to a 5:7.5 exchange. Trading from a currency at 100/100 (Frightening) to 1/100 (Imploded) is a 100:1 rate. Since most nations are similar in their economic ratings, exchanges will only have minor value differences. And in the border case of a 0/100 economy rating, your money is useless for exchange because you clearly aren't using money but some form of primitive barter system.

 

[Valonyx]

I'm thinking that to make different currencies exchangeable, since nobody wants to use a unified currency, is to invent a method of exchange.

My idea is to base currency exchange directly off the economy rating (/100 one), which provides a fast and easy comparison of how your money measures up to other currencies.

Having a 50/100 rating and exchanging to a 75/100 rating is equivalent to a 5:7.5 exchange. Trading from a currency at 100/100 (Frightening) to 1/100 (Imploded) is a 100:1 rate. Since most nations are similar in their economic ratings, exchanges will only have minor value differences. And in the border case of a 0/100 economy rating, your money is useless for exchange because you clearly aren't using money but some form of primitive barter system.

@Scardrac
*gigglesnort*

Fourth world scar

 

[Scardrac]

@Scardrac
*gigglesnort*

Fourth world scar

I've left the fourth world, loser.

 

[Valonyx]

I've left the fourth world, loser.

Welcome to the third, then, b0ss.

 

[Scardrac]

Welcome to the third, then, b0ss.

Thanks. Smells like cheese.

Alright, lemme respond to thread. Hold on.

 

[Lord_Sinclair]

Actually, an arbitrary exchange rate is unnecessary.

As it turns out, http://www.broomdces.com/nseconomy/ gives currency exchange rates, in comparison to the U.S. Dollar, for every nation. We could use some nation's currency to replace the Dollar and re-calculate all the rates, but I'd say that site is the easiest, most accurate way to calculate our exchange rates and such.

 

[Scardrac]

Boom. I still think that this method could be a basic "first-hand" vague look at exchance rates when you don't want to go to the website and all that.

 

[Baron]

Oh good, my nation has the most valuable currency. Just as planned.

 

[Valonyx]

Oh good, my nation has the most valuable currency. Just as planned.

you lucky starter... x(

Just wait...!

 

[Baron]

I went from 80 to 94/100. I 360 noscope my issues for these mad results.

 

[Valonyx]

I went from 80 to 94/100. I 360 noscope my issues for these mad results.

>mfw I started at 38 economy, got to 74 :X

 

[Baron]

>mfw I started at 38 economy, got to 74 :X

Logarithmic scale bro, do you even become exponentially more difficult to escalate at higher ratings.

 

[Lord_Sinclair]

*grumbles about getting nothing but medical issues*

 

[Baron]

*grumbles about getting nothing but medical issues*

Praise RNGesus.

It'll all work out to roughly normal the longer the game goes, I'm not too worried.

 

[LightTwig]

>getting nothing but civil rights issues
>nothing about tech

huff.

 

[LightTwig]

I'm an idiot, can someone explain how a currency is more valuable than another? I'm trading with Diaedor, where 1 Harmel = $0.19, whereas 1 Lin (my currency) = $0.55

I have a stronger economy stat so I assume my currency is worth more, but if someone wanted to explain this to me like I was a child then I'd appreciate it.

 

[Valonyx]

I'm an idiot, can someone explain how a currency is more valuable than another? I'm trading with Diaedor, where 1 Harmel = $0.19, whereas 1 Lin (my currency) = $0.55

I have a stronger economy stat so I assume my currency is worth more, but if someone wanted to explain this to me like I was a child then I'd appreciate it.

Well if you take the Dollar as a basis, your currency simply is worth 0.36 more times then the Harmel is;

Lin = 0.55 of a dollar
Harmel = 0.19 of a dollar

which means; that a single (1) Harmel is worth 0.3454 Lins, if you do basic calculations;

Lin = 1Lin
Harmel = 0.3454Lin

 

[LightTwig]

Thanks! As I said, I'm not a smart man.