The Complementary Currency of Christiania

The local currency is accepted throughout Christiania - in bars, restaurants, shops, companies and by "the common box". The project is managed by the Currency Group which initially issues them as payment for services provided for in the approved annual budget. Coins return again to the Currency Group from the firms, which accepted them and now wish to exchange them for the national currency. For every coin put into circulation 50 d.Kr. is put into a special reserve fund in order to guarantee the value of the coins.

See original: Del.icio.us The Complementary Currency of Christiania