1: The Republic of Ulm 2 1 Ducat = $0.55 or $1 = 1.82 Ducat 2: The Disputed Territories of Ulm 40 1 Ducat = $0.41 or $1 = 2.44 Ducat 3: The Most Serene Republic of Ulm 19 1 Ducat = $0.4 or $1 = 2.50 Ducat 4: The Matriarchy of Ulm 26 1 Ducat = $0.38 or $1 = 2.63 Ducat 5: The Principality of Ulm 38 1 Ducat = $0.27 or $1 = 3.70 Ducat 6: The Constitutional Monarchy of Ulm 10 1 Ducat = $0.26 or $1 = 3.85 Ducat 7: The People's Republic of Ulm 20 1 Ducat = $0.24 or $1 = 4.17 Ducat 8: The Nomadic Peoples of Ulm 21 1 ducat = $0.24 or $1 = 4.17 ducat 9: The United Socialist States of Ulm 6 1 Ducat = $0.23 or $1 = 4.35 Ducat 10: The Empire of Ulm 8 1 Ducat = $0.23 or $1 = 4.35 Ducat 11: The Matriarchy of Ulm 27 1 Ducat = $0.23 or $1 = 4.35 Ducat 12: The Dominion of Ulm 24 1 Ducat = $0.22 or $1 = 4.55 Ducat 13: The Holy Empire of Ulm 37 1 Ducat = $0.22 or $1 = 4.55 Ducat 14: The Grand Duchy of Ulm 3 1 Ducat = $0.21 or $1 = 4.76 Ducat 15: The Community of Ulm 9 1 Ducat = $0.21 or $1 = 4.76 Ducat 16: The Protectorate of Ulm 11 1 Ducat = $0.21 or $1 = 4.76 Ducat 17: The Protectorate of Ulm 15 1 Ducat = $0.21 or $1 = 4.76 Ducat 18: The Dominion of Ulm 25 1 Ducat = $0.21 or $1 = 4.76 Ducat 19: The Disputed Territories of Ulm 36 1 Ducat = $0.21 or $1 = 4.76 Ducat 20: The Republic of Norton-on-Tees 1 Ducat = $0.2 or $1 = 5.00 Ducat 21: The Republic of Test 56 1 Ducat = $0.2 or $1 = 5.00 Ducat 22: The Constitutional Monarchy of Ulm 34 1 Ducat = $0.2 or $1 = 5.00 Ducat 23: The Colony of Ulm 16 1 Ducat = $0.19 or $1 = 5.26 Ducat

24: The United Kingdom of Ulm 5 1 Ducat = $0.15 or $1 = 6.67 Ducat 25: The Democratic Republic of Ulm 31 1 Ducat = $0.15 or $1 = 6.67 Ducat 26: The Oppressed Peoples of Ulm 12 1 ducat = $0.14 or $1 = 7.14 ducat 27: The Republic of Ulm 1 1 Ducat = $0.12 or $1 = 8.33 Ducat 28: The Federal Republic of Ulm 33 1 Ducat = $0.11 or $1 = 9.09 Ducat 29: The Principality of Ulm 39 1 Ducat = $0.11 or $1 = 9.09 Ducat 30: The Federal Republic of Ulm 23 1 Ducat = $0.1 or $1 = 10.00 Ducat 31: The Principality of Ulm 32 1 Ducat = $0.1 or $1 = 10.00 Ducat 32: The Rogue Nation of Ulm 4 1 Ducat = $0.09 or $1 = 11.11 Ducat 33: The Constitutional Monarchy of Ulm 18 1 Ducat = $0.08 or $1 = 12.50 Ducat 34: The Fiefdom of Ulm 22 1 Ducat = $0.07 or $1 = 14.29 Ducat 35: The Constitutional Monarchy of Ulm 7 1 Ducat = $0.03 or $1 = 33.33 Ducat 36: The Nomadic Peoples of Ulm 14 1 Ducat = $0.03 or $1 = 33.33 Ducat 37: The Federal Republic of Ulm 17 1 Ducat = $0.02 or $1 = 50.00 Ducat 38: The Dictatorship of Ulm 29 1 Ducat = $0.02 or $1 = 50.00 Ducat 39: The Nomadic Peoples of Ulm 30 1 Ducat = $0.02 or $1 = 50.00 Ducat 40: The Principality of Ulm 13 1 Ducat = $0.01 or $1 = 100.00 Ducat 41: The Grand Duchy of Ulm 28 1 Ducat = $0.01 or $1 = 100.00 Ducat 42: The United Socialist States of Ulm 35 1 ducat = $0.01 or $1 = 100.00 ducat

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