Mig and pints are the standard currency throughout Atla. 100 pints make up a single mig. Mig are printed bills that come in a variety of denominations including 1, 2, 5, 10, 15, 20, 25, 33, 50, 66, and 100. Throughout the past there have been special mig coins, though they are incredibly rare. Unlike mig, all pints are coins. The mig is also the most valuable currency in the world. One mig equals 1.45 rune, the second most valuable currency on Disparia (and primarily used throughout Feron).
Mig and Pints were widely used throughout the nation prior to the signing of the Constitution. However, at that time the Mig was not the only form of currency used. Though the nation had yet to be unified, as early as 150 PM many of the largest cities agreed that a standardized form of currency would benefit everyone more than using a number of disparate monetary systems in each region. After several councils between the leaders of FreePort, Alpine, Westlake, Pelenak, Morrid, and Old Light City, the current form of mig was decided upon. It took more than 10 years before enough coins and bills were minted to circulate throughout the proto-nation, but once the bills were available few people had trouble switching. The system, based on a gold reserve in Westlake City, required not only the collection of gold and the creation of presses, but extensive design work as well.
Initially there was some opposition to the new currency plan. Though most cities were friendly towards one another and there were no wars or hostilities throughout the region (save for small struggles in remote areas such as Meroma), not all cities were necessarily allied with one another. Bedrin, for example, was even more isolated and reserved than it is today. Seratov, though a hospitable city that has played an integral role in the nation’s growth, refused to accept the new system. And places like Green Sands and Renoa, which traded using foreign currency from Feron and Far Haven respectively, felt that another form of currency would pollute their already cluttered financial system created through frequent foreign trades.
Despite the opposition the unified cities minted the new currency and created charters, declarations, and legal acts requiring its use. The people of the cities where mig was first used lauded the change, also praising the design of the actual bills. Prior to the mig most major currencies were minted using heavy coins that were unwieldy, of varying sizes, susceptible to counterfeit, and difficult to keep track of. The bill system, printed on a special blend of unique paper or standard metal coins, was much easier to handle and exchange regardless of quantity. Old forms of currency were almost impossible to use when dealing with large transactions, as the largest coins in circulation only amounted to approximately 500 mig in today’s currency. The inherent value of the metals combined with their weight prevented anyone from creating more valuable coins. As a result, buying a horse, house, cart, business, piece of land, or other large item would require several chests of coins weighing hundreds of pounds. With the new mig individuals could pay for an entire farm with bills that could easily fit inside a single chest, briefcase, or bill book (which was a multi-paged book that contained slots on every page for people to store their mig bills).
After the War of the World and as deliberations began regarding the unification of Atla, mig and pints were worked into the constitution as the nation’s standard currency. By this time almost every city was using mig and pints anyway; since the system was both easy to use and widely accepted already there was little resistance.
Even today a few of the cities throughout Atla use other forms of currency, though they do so along with the mig. Provincial law requires that all people trade using the mig, which means places like Bedrin can use their local currency only to trade amongst themselves and not with any nationally recognized companies or stores. Globally, all allied countries in both Feron and Far Haven use the mig as well. Though most have their own monetary systems, the mig has grown to dominate not just the Atlan economy, but the global economy as well. Exchange centers are common in coastal cities on Atla, Feron, and Far Have; no matter where you travel, save for the most remote and isolated cities in the world, you can always find someone using or trading mig.