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Notes about the IEP

Day 1,358, 01:56 • Published in Ireland Ireland

• by loyen

hello readers,

Today I am writing about the IEP, our national currency, pointing out facts and doing some work on the market. for fast typing, I will represent the IEP by µ, and the GBP by £

Current gold/IEP rate (on the 9 of august, at the cheapest):

1G = 417.99µ
1µ = 0.003G

Noww, for people in occupied area, here is the GBP/IEP rate (on the 9 of august, at the cheapest):

Current GBP/IEP rate

1µ = 1.899£
1£ = 0.899µ

Facts:

Wages

Minimum wage: 0.10µ
Highest wage on the job market (9th of august): 58µ
Companies on sale on the 9th of august: (names are kept secret)

Q1 food for 10G
Q4 food for 198G

Q4 weapons for 81G
Q4 weapons for 88G

Q1 food/Weapons lowest/highest price:

Q1 Foods:

L: 0.66µ
H: 1000µ

Q1 Weapons:

L: 6.88µ
H: 100µ

Thanks for taking time to read this article, If you want more informations, don't hesitate to contact me

Comments

JohNandJoaN Day 1,358, 02:49

Represent the IEP with IEP it's easier for the reader.

Skylovaravas Day 1,358, 03:16

😁indeed

Stranger Here Myself Day 1,358, 03:20

"Q1 food/Weapons lowest/highest price:

Q1 Foods:
L: 0.10µ"

???

loyen Day 1,358, 03:34

the lowest on the market

Stranger Here Myself Day 1,358, 05:16

😮
hope you bought that up

loyen Day 1,358, 06:10

I was the seller lol!

Sweet Drinker Day 1,358, 07:30

yay a currency article!

IEP is on the rise like most cheap currencies.
GBP is meeting alot of resistance @ 500/1

It's a very good time to have your 'money' in cash instead of gold.

When posting a market watch you should ignore high offers. Those are phishing offers.

I find it better to take a cost average, for instance: take the average price of the cheapest thousand units Q1 food. You'll get better data that way.

Currency/Currency money market offers often have little baring on the real comparative values.

Sean Power Day 1,358, 08:22

Could always use the euro sign for IEP.. €

GBP to IEP direct offers are needed for newbies when they're born into eIreland while we're fully occupied coz they can't upgrade the town center or move without IEP but admins won't allow them to exchange gold. So that was my fairest offer.... with a slight premium 😛

Sweet Drinker Day 1,358, 09:02

If you find a newb who can operate the MM before they've even leveled enough to trade gold, send em my way. That's an unusual quality in NC's. MoF desires interns of this caliber!

Kavrocks Day 1,358, 12:07

µ is most commonly known as the co-efficient of friction and does not represent IEP.

loyen Day 1,358, 12:31

well, maybe we do not use, in erepublik, the "co-efficient of friction" and I cannot create my own "symbols"

Ross Ninel Day 1,358, 18:50

Can someone explain in simple terms for a mathematical idiot to understand? 😃

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