Authorized Medium of Exchange

The United Worlds Alliance Authorized Medium of Exchange, colloquially referred to as the AME (pronounced /eɪm/) is the universally accepted fiat currency on earth and the surrounding colonies. The AME was set up as in the charter of the United Worlds to simplify exchange. The AME is not a replacement for dollars, renminbi and pounds, but all interstellar banking within the borders of the UWE must be conducted in AMEs, and then can be converted later to the currency of choice. The result is that even worlds outside of the specific UWE purview tend towards using the AME, leading to their acceptance throughout the known worlds, where they can be exchanged for goods, such as weapons, armor and equipment, and services.