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Local Exchange Trading System (LETS)

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Administrator Information
Name Adrian Doesburg
E-mail Address
Position / Job Title Administrator
First Language English
Organization Perth L.E.T.S.
Organization Type Community-Based Organization (Unregistered)
URL Address
Currency System Information
Status Operating
Year the System was Started 2011
Community Western Australia
City / Urban Area Perth
Country Australia
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
Source of Funding No Funding
Purpose for Establishing System Reduce Need for National Currency
Size of Membership 35
Population of Area Served by System 2,000,000
Estimated Yearly Operating Budget Internal Currency: 600
Yearly Volume of Trade Internal Currency: 20,000
Main Goods and Services Traded
  1. Personal Services
  2. Self-help support
  3. products
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LETS United States Chicagoland --
Göteborgs LETS Sweden Göteborg 60
Thames Green Dollar Exchange New Zealand Thames 60
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