Bank of Atmaurium

Introducing the ɸ Thaleri Currency

The Currency System of the Kingdom of Atmaurium

The Kingdom of Atmaurium introduces a unique approach to currency and banking, rooted in historical and cultural significance, aiming to blend traditional Moorish Science with modern financial practices. This written report discusses the Kingdom’s monetary policy, its currency, the Thaleri and the operations of the Bank of Atmaurium.

Historical Context and Philosophical Foundation

The Kingdom of Atmaurium draws from the ancient trade practices and economic systems of the Moors, particularly the Garamantes of Fezzan and the Poenicium (Carthaginians) of Carthage. These civilizations were known for their economic prowess, especially in trade secrecy and strategic commerce, which we will emulate with a focus on economic success through adherence to divine instructions and universal laws.

The Thaleri Currency

  • Introduction and Adoption: Introduced in 2005 and officially adopted in 2011, the Thaleri (Φ) serves as the Kingdom’s currency.
  • Design and Security: The currency features high-security elements, including holograms, heat-sensitive icons, and prismatic backgrounds, ensuring its integrity against counterfeiting. The Thaleri bonds are exceptionally secured legal financial documents, combining in-paper and on-paper security features.
  • Value: ɸ1 = Current Rate of 1 Ounce of Troy Gold.

Bank of Atmaurium

  • Role and Structure: The Bank of Atmaurium serves as the central financial institution for the Kingdom of Atmaurium providing interest-free banking facilities. It is one of the world’s oldest existing financial centres, emphasizing indigenous and aboriginal financial inclusion.
  • Banking Locations: With branches to be established in strategic locations like London UK, Philadelphia USA, and Toronto Canada; the bank aims for accessibility.
  • Certifications and Compliance: The bonds and currency are certified with 20 security features, adhering to ANSI paper specifications for financial instruments.

Monetary Policy and Economic Strategy

  • Policy: The monetary policy of Atmaurium focuses on historical trade practices, ensuring economic success through what is described as a “new era of time.”
  • Trade and Commerce: By following ancient Moorish practices, we aim to exclude non-adherents from certain economic benefits, reinforcing a closed economic system reminiscent of historical Moorish trade settlements.

International Integration

  • Exchange Rates: Specific exchange rates will be detailed in due course, and the currency system will use SDR (Special Drawing Rights) for international exchange, which will provide an international perspective on its economic operations.
  • Cultural Significance: The adoption of the Thaleri and the bank’s operations are deeply intertwined with cultural identity, aiming to elevate indigenous financial systems on the international stage.

Conclusion

The Kingdom of Atmaurium, through its currency and banking system, not only seeks to provide a functional economic structure but also to revive and honour the sophisticated trade and financial systems of ancient civilizations, in particular the Moorish Empire. The Thaleri and the Bank of Atmaurium are foundational elements of a broader vision for economic empowerment and cultural revival within a modern context.

References

  • Kingdom of Atmaurium Currency Information
  • Bank of Atmaurium Official Website
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