The Lovian dollar (ISO code: LVD) is the offical currency of Lovia. It was proposed in 2008 by then Prime Minister Yuri Medvedev, but it never got to a vote in Congress. It officially succeeded the US dollar as the national currency on May 11, 2011, though the US Dollar remained designated as legal tender until October 2011.
The dollar[]
It is normally abbreviated with L$, to distinguish it from the other dollar currencies. One Lovian dollar is divided into 100 cents, or 10 dimes. The Lovian Dollar is used in Lovia since 2008. One Lovian dollar is pegged at 0.90 US dollars. The design of the coins and banknotes was left to the Department of Culture, Heritage and Education.
Banknotes of the Lovian Dollar[]
2012 Series[]
The 2012 series is printed by BCB Printing. The notes have security features such as holographic stripes and microprinting. The $2 polymer note is printed in Australia.
2011 Series[]
The first issue of Lovian dollar notes were printed in Lovia. They featured simple designs, and therefore were prone to being counterfeited.
Coins[]
The first lovian dollar coins were minted in 2011. The first series of coins were denominated in 1, 2, 5, 10, 25 and 50 cent coins. They were struck in copper-plated aluminum (1 and 2 cent), brass-plated aluminum (5 and 10 cent) and steel (25 and 50 cent). In 2013 a new series of coins was introduced. These were issued in 1, 5, 10, 25 and 50 cent coins, and 1 and 2 dollar coins. The 1 and 5 cent coins are copper-plated steel, and 10, 25 and 50 cent coins are copper-nickel, the dollar is aluminum-bronze and the $2 coin is bimetallic.
Value[]
The value of the Lovian Dollar is set and pegged at 90 US cents.