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Wairarapa Green Dollar Exchange
LETSystem

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Administrator Information
Name Hayden McGrail
E-mail Address letstrade@wise.net.nz
Position / Job Title President
First Language English
Organization Wairarapa Green Dollar Exchange Inc
Organization Type Community-Based Organization (Unregistered)
URL Address www.wais.org.nz
Currency System Information
Status Operating
Year the System was Started 1990
Community Wairarapa
Country New Zealand
Medium of Exchange Electronic Transaction using CES Software
Unit of Value Units of National Currency Equivalent
Valuation Convertible for National Currency
Cost-Recovery Mechanism
  1. Percentage levy on transactions
  2. Annual Fee (12 months)
Source of Funding External Funding
Purpose for Establishing System All reasons
Size of Membership 60
Population of Area Served by System 40,000
Estimated Yearly Operating Budget Internal Currency: 3,000
National Currency: 15,000 NZD (11,720 USD)
Yearly Volume of Trade Internal Currency: 40,000
National Currency: 1,000 NZD (781 USD)
Main Goods and Services Traded
  1. Clothing
  2. Preserves
  3. Baking
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