THE HEKTE

Exchange Rates: NSD/ĦKT

---

Exchange Rates with the World

---

---

THE CURRENCY OF TOWNSVALLEY IS 'HEKTE' AND SMALL UNIT IS 'HEKTA'.
Symbol: Ħ

Townsvalley's offical currency is Hekte, Hekte has been the official currency since the creation of Townsvalley, Except when King Novagen II changed it to Sol , but it was reverted after his death. Hekte has seen ups and downs. It was exchanged for 0.57 against the NSD for almost 200 Years, Then Due to War with Karderia, It lost it's value, fell to 0.66 against the NSD. then, after dissolution of the country for several years. It came back (when The country was restored), it was traded against the dollar for 50-60 Hekte , then it shot up to 100 against the dollar, and then it crashed to 1,000,000+ Hekte against the Dollar. At that time, Banknotes were replaced with Debit/credit cards. After Implementation of Democracy, It was then fixed with TRD for 1.8167 (Notes were added again due to TRD Peg 10 September, 2020) , After that, it was fixed with Hepek for the same amount. On 20 August, 2021, Hekte was converted to floating currency. This legislation was passed after Eight Parliament Sessions.
First Parliament Session Held on 17 August, 2021
Fifth Parliament Session Held on 18th August, 2021
Eighth Parliament Session Held on 20th August, 2021
Soon After the Legislation, The Currency , then shifted to FIAT, it's Goldbacking was removed for the first time in known Hhistory on 30 August, 2021
The Hekte is the official currency of Townsvalley and nations must request to use the currency in their own nations, the nation must inform the Govt. of Townsvalley before implementing the Hekte in their financial institutions.
Nations Using Hekte as their Official Currency:

---

1. Townsvalley
2. Palcania - Former
3. Kanerland (Simultaneous) - Former
4. Wellandy (Simultaneous) - Former
5. Nalver And - Former
6. Zarnicovia nova - Valid only for SFSE

---

Latest Issue

---

Timeline:

• 1 September,2021| Size comparison (of coins & Banknotes) Added

• 1 September,2021| 500 Hekte note introduced

• 2 September 2021| Size comparison (of Coins & banknotes) 1st Update.

• 7 September, 2021| Size comparison (of Coins) 2nd Update.

• 7 September, 2021| 1000 Hekte Banknote and coins other than 50 Hekta, were Introduced.

• 14 September, 2021| Physical pictures Added

• 5000Hekte note Added 19 May 2022

• Updated BankNotes size comparison

• Updated 5000 banknote and size comparison 24 May 2022

• 4 Aug 2022 - Added 10,000Hekte banknote & note comparison

• 50,000Hekte banknote, 500Hekte,100hekte coin added - 29 March 2024

• added commemorative 25000 hekte banknote, 200 hekte,50 hekte coin added - 30 march 2024

Coins Size Comparison: