Difference between revisions of "Monetary market"
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| − | In eRepublik, [[citizen]] can exchange | + | In eRepublik, [[citizen]] can exchange national [[currency]] for [[Gold]] and [[Gold]] for national [[currency]]. They can do this action by accessing the [[Market|Market]] tab in the [[main menu]] and choosing the ''Monetary market'' option. |
==Conditions== | ==Conditions== | ||
| − | To be eligible to exchange [[Gold]] for national [[currency]], citizen needs to be level {{level|15}} or above (unless they have purchased gold in the [[Shop]] - not including ''Gold Offers''). Every citizen can exchange | + | To be eligible to exchange [[Gold]] for national [[currency]], citizen needs to be level {{level|15}} or above (unless they have purchased gold in the [[Shop]] - not including ''Gold Offers''). Every citizen can exchange currency for gold. |
| − | + | <!-- it seems there is no limit; ad least for citizens | |
# Citizens can only exchange a maximum of {{Gold|10}} per day through the monetary market or donations. | # Citizens can only exchange a maximum of {{Gold|10}} per day through the monetary market or donations. | ||
| − | # Organizations can acquire a maximum of {{Gold|1000}} per day through the monetary market. | + | # Organizations can acquire a maximum of {{Gold|1000}} per day through the monetary market.--> |
==Basics== | ==Basics== | ||
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[[File:Monetarymarket123.png|frame|center]] | [[File:Monetarymarket123.png|frame|center]] | ||
| − | *Clicking on the button [[File:Icon - Monetary market gold currency swap.png]] gold and currency will switch places which means that citizen will instead of buying gold | + | *Clicking on the button [[File:Icon - Monetary market gold currency swap.png]] gold and national currency will switch places which means that citizen will instead of buying gold now be buying currency and vice-versa. |
| − | The page shows all exchange offers between Gold and national currency of the country whose citizenship citizen has. The page will list the offer with the lowest (best) exchange rate first. | + | The page shows all exchange offers between Gold and the national currency of the country whose citizenship the citizen has. The page will list the offer with the lowest (best) exchange rate first. |
| − | ==How to Buy== | + | ===How to Buy=== |
| − | * Insert an amount to buy (the value | + | * Insert an amount to buy (the value can contain 3 decimals): |
* Click ''buy'' button | * Click ''buy'' button | ||
| − | Clicking '''''Buy''''' will open the text: ''Buy (amount) (selected currency for buying) for (amount2) (selected currency for selling)? OK/Cancel''. Where amount is the value inserted in the value from the '''Amount to buy''' field. | + | Clicking '''''Buy''''' will open the text: ''Buy (amount) (selected currency for buying) for (amount2) (selected currency for selling)? OK/Cancel''. Where the amount is the value inserted in the value from the '''Amount to buy''' field. |
By clicking '''OK''', an information message will appear: ''You have bought (selected currency for buying) for (amount2) (selected currency for selling)'' and the money will be transferred between the two accounts. The offerer receives an alert after the transaction is over. Clicking '''Cancel''' closes the text frame. | By clicking '''OK''', an information message will appear: ''You have bought (selected currency for buying) for (amount2) (selected currency for selling)'' and the money will be transferred between the two accounts. The offerer receives an alert after the transaction is over. Clicking '''Cancel''' closes the text frame. | ||
| − | * If the total cost value is greater than the value in your selected account, the following message will be received: ''You | + | * If the total cost value is greater than the value in your selected account, the following message will be received: ''You cannot afford this transaction.'' |
| − | ==Add offer== | + | ===Add offer=== |
| − | Lists | + | Lists a line where is an editable Amount (quantity you want to sell) field and Exchange rate field (up to three decimals). A button '''''Save''''' is at the end when clicked will produce: |
| + | * If the selling value is greater than the value in your account, the following message will appear: ''You cannot afford this transaction.'' | ||
| + | * If the selling value is the same as the one already added, the following message will appear: ''You already have an offer with this exchange rate.'' | ||
| + | * If two offers are added in a short period of time, the following message will appear: ''You must wait 30 seconds to post a new exchange offer.'' | ||
| + | * If fourth active offer is being added, the following message will appear: ''You have reached the 3 exchange offers limit.'' | ||
| + | * If the selling value is lower than the value in your account, the following message will appear: '''''The offer had been saved successfully!''''' | ||
| − | + | Posting an offer will '''temporarily''' deduct from your account the amount of the currency you sell until you update or remove the offer. | |
| − | + | ;Special Notice: The offer you post on the monetary market will automatically be erased after 10 days (240 hours) and you will receive an alert: <br> "Your monetary exchange offer consisting in [value posted in the offer] of [currency1] at an exchange rate of 1 [currency1] = [offer in currency2] has expired and the money has returned into your account. Visit again the monetary market to post a new offer." | |
| − | + | ||
| − | + | ||
| − | + | ||
| − | + | ===My offers=== | |
| + | By accessing '''My offers''' you can see all of your active exchange offers. You can remove or update your offers anytime. | ||
| − | + | ==Speculating== | |
| + | [[Monetary market speculation|Speculation on the Monetary Market]] is a method used to increase earnings beyond that which can be obtained through working every day. It is inherently risky so should not be attempted until a thorough understanding of the market is obtained. It was much more used in the [[One:Monetary market speculation|V1 version]] of the game. | ||
| − | == | + | ==Historical information== |
| − | [[One:Monetary market | + | *[[One:Monetary market]] - Monetary market during [[V1]] version of the game |
{{Back|Market}} | {{Back|Market}} | ||
Revision as of 17:37, 25 July 2022
eRepublik link: https://www.erepublik.com/en/economy/exchange-market/
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In eRepublik, citizen can exchange national currency for Gold and Gold for national currency. They can do this action by accessing the Market tab in the main menu and choosing the Monetary market option.
Conditions
To be eligible to exchange Gold for national currency, citizen needs to be level 15 or above (unless they have purchased gold in the Shop - not including Gold Offers). Every citizen can exchange currency for gold.
Basics
In the top section, citizens can see what are they buying and what are they giving in exchange.
- Clicking on the button
gold and national currency will switch places which means that citizen will instead of buying gold now be buying currency and vice-versa.
The page shows all exchange offers between Gold and the national currency of the country whose citizenship the citizen has. The page will list the offer with the lowest (best) exchange rate first.
How to Buy
- Insert an amount to buy (the value can contain 3 decimals):
- Click buy button
Clicking Buy will open the text: Buy (amount) (selected currency for buying) for (amount2) (selected currency for selling)? OK/Cancel. Where the amount is the value inserted in the value from the Amount to buy field.
By clicking OK, an information message will appear: You have bought (selected currency for buying) for (amount2) (selected currency for selling) and the money will be transferred between the two accounts. The offerer receives an alert after the transaction is over. Clicking Cancel closes the text frame.
- If the total cost value is greater than the value in your selected account, the following message will be received: You cannot afford this transaction.
Add offer
Lists a line where is an editable Amount (quantity you want to sell) field and Exchange rate field (up to three decimals). A button Save is at the end when clicked will produce:
- If the selling value is greater than the value in your account, the following message will appear: You cannot afford this transaction.
- If the selling value is the same as the one already added, the following message will appear: You already have an offer with this exchange rate.
- If two offers are added in a short period of time, the following message will appear: You must wait 30 seconds to post a new exchange offer.
- If fourth active offer is being added, the following message will appear: You have reached the 3 exchange offers limit.
- If the selling value is lower than the value in your account, the following message will appear: The offer had been saved successfully!
Posting an offer will temporarily deduct from your account the amount of the currency you sell until you update or remove the offer.
- Special Notice
- The offer you post on the monetary market will automatically be erased after 10 days (240 hours) and you will receive an alert:
"Your monetary exchange offer consisting in [value posted in the offer] of [currency1] at an exchange rate of 1 [currency1] = [offer in currency2] has expired and the money has returned into your account. Visit again the monetary market to post a new offer."
My offers
By accessing My offers you can see all of your active exchange offers. You can remove or update your offers anytime.
Speculating
Speculation on the Monetary Market is a method used to increase earnings beyond that which can be obtained through working every day. It is inherently risky so should not be attempted until a thorough understanding of the market is obtained. It was much more used in the V1 version of the game.
Historical information
- One:Monetary market - Monetary market during V1 version of the game
Back to Market page
Back to Tutorial page
