Galactic Credits

The Galactic Credit is the universal currency in the Human Domain. It was set at being worth 1.2 USD on January 1st 2015, universally known ast the date before it all went wrong. The value of 1 credit is measured with the Universal Credit Standard that was originially set at 1 UCS = 0.10 in 2324, at the founding of the Human Domain.

The Galactic Credit is the succesor to the United Earth Dollar, which was created in 2218. The United Earth Dollar was directly created from the Maxian Ruble with 1 United Earth Dollar = 1 Maxian Ruble. The ruble had seen strong inflation from the moment of January 1st 2015 when 1 USD was 58.11547 rubles. It was estimated that 1 Russian ruble (1-1-2015) was 51.02454 Maxian rubles. The United Earth Dollar had seen relatively low inflation, with the 2218 United Earth Dollar being 7.16034 31st December 2323 United Earth Dollars, a rate of about 700%. This means the Russian ruble was 365.353055 31st December 2323 United Earth Dollars and 1 USD was 21,232.6645 31st December 2323 United Earth Dollars. This made 1 (2324) Galactic Credit worth 25,479.1974 (2323) United Earth Dollars. This was a large difference and made e.g. bread cost only a few cents compared to the hundreds that it costed before.

Summary

 * 1 Galactic Credit (01/01/2324) = 1.2 United States Dollars (01/01/2015)
 * 1 Galactic Credit (01/01/2324) = 25,479.174 United Earth Dollars (31/12/2323)
 * 1 United Earth Dollar (01/01/2218) = 1 Maxian Ruble (31/12/2217)
 * 1 United Earth Dollar (01/01/2218) = 7.16034 United Earth Dollars (31/12/2323)
 * 1 Russian ruble (01/01/2015) = 51.02454 Maxian rubles (31/12/2217)
 * 1 United States Dollar (01/01/2015) = 58.11547 Russian rubles (01/01/2015)

Later inflation

 * 1 Galactic Credit (01/01/2324) = 10.20433482 Galactic Credits (01/01/2424) average annual inflation rate: 2.35%
 * 1 Galactic Credit (01/01/2424) = 51.98282156 Galactic Credits (01/01/2524) average annual inflation rate: 4.03%
 * 1 Galactic Credit (01/01/2524) = 21.177102 Galactic Credits (01/01/2624) average annual inflation rate: 3.10%