NCR dollar

NCR dollars (simply called money in Fallout 2) are the standard currency of the New California Republic.

Overview
The NCR introduced its own money around the turn of the 22nd century and initially it relied on coins minted from gold. By 2241, the economy of NCR dominated the West Coast and coins became universal currency, used by the 3 big powers: New California Republic, Vault City and New Reno. Bottle caps had become worthless.

However, by 2281, the money is no longer backed by gold, after the Brotherhood of Steel destroyed NCR's gold reserves. In order to retain credibility, NCR back money with water instead. Its form has also changed - instead of minted coins, NCR issues banknotes, similiar to pre-War money. In the New Vegas area these notes can be found in the $5, $20, and $100 denominations; whether other denominations exist is not known. The money has become devalued, with a hundred-dollar bill coming out to around 40 caps rather than its face value, even in NCR territory or shops.

The notes are issued by the Republic Reserve located in Angel's Boneyard. In 2281 the current Treasurer of the Republic and head of the Republic Reserve is John Michael Henderton, his signature can be found on the front face of all NCR notes found in Fallout: New Vegas.

2281 exchange rates
Due to the devaluation of the NCR dollar in the wake of the destruction of the NCR's gold reserves, by 2281 the currency no longer enjoys a superior exchange rate, sinking below even a 1-to-1 exchange ratio with bottle caps.

1 bottle cap = 2.5 NCR Dollars

$5 NCR = 2 bottle caps

$20 NCR = 8 bottle caps

$100 NCR = 40 bottle caps

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Dolary