The currency of the realm
Equidium (EQD)
Equidium (EQD), informally known as quid, is issued by the Royal Reserve and backed one-for-one by US dollars held in reserve.
Name and symbol
- Official name
- Equidium
- Currency code
- EQD
- Informal name
- Quid
- Written amounts
- 10.00
Backing
One dollar behind every Equidium
Equidium is issued only against US dollars received into the Royal Reserve, at a fixed rate of one Equidium per dollar. The reserve position is published live on the transparency page.
Official currency terms
The terms of the currency
The official terms governing Equidium will be published here by the Department of the Treasury.