This is the official page of the Central Bank of Sheepland, the issuing authority of the Sheeplandic Pound. The Sheeplandic Pound uses the Gold Standard. Information is posted below and updated frequently.
Inflation is calculated based on the difference in the cost of goods in relation to the Sheeplandic Pound over the span of a year. The Sheeplandic Pound is currently (as of late 2024) experiencing extreme deflation due to a sudden rise in gold prices. The President of Sheepland was considering an intervention to prevent the Sheeplandic pound from deflating further. However, having a very strong currency can be a source of national pride, so the president has decided against an intervention.
Number of Sheeplandic Pounds in circulation: 1 pound
Utilized gold reserve size: 0.01 grams
Full gold reserve size: Confidential
Gold Peg: 50 Sheeplandic Pounds per gram of Gold.
Gold Reserves:Currency Printed ratio: 1:2
Inflation: -24% (11 July 2023 - 11 July 2024; Inflation is negative)
More information about the Sheeplandic Pound is available on the MicroWiki page.
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