Metric Dollar

The whole world is going SI for measurements, so why shouldn’t they do the same for currency?

I propose the metric dollar, millidollar (1/1000 of a dollar) and kilodollar (1000 dollars) to replace all other currencies. The metric dollar is equal to 1/10 of the price of 1 kg of tin on 2006-12-05 according to the London Metal Exchange website. That is, as of 2006-12-05, equal to US$1.0765, €0.808122513 and £0.544016576.

I have not yet decided on a sign to represent the metric dollar. M$, perhaps? Is that already used?

Convert metric dollar(s) U.S. dollar(s) euro(s) pound(s) sterling to metric dollar(s) U.S. dollar(s) euro(s) pound(s) sterling
Result:
(Note: the converter uses floating point numbers, so it isn’t 100% exact. Also, the exchange rates will get out-of-date. Don’t use it for calculating anything important. It’s just for fun.)

As this is only a proposal, I may revise it in the future to be even more convoluted, possibly involving other metals and the drachm.

Now, I wonder how you go about getting one of these things made official? :)

— Matt Nordhoff <mnordhoff@gmail.com>, 2006-12-06