Denomination (currency) as Polish złoty (“golden”) and Vietnamese đồng (“copper”), or its geographical origin, e.g. Joachimsthaler (see Dollar). Denomination (currency) Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. For example, "five euros" is the denomination of a five euro note. In a currency, there is usually a main unit (base), and a subunit that is a fraction of the main unit. In some countries, there are multiple levels of subunits. In the former Ottoman Empire, 1 lira = 100 kuruş = 4000 para
500 euro note 500 euro note The five hundred euro note (€500) is the highest-value euro banknote and was produced between the introduction of the euro (in its cash form) in 2002 until 2014. As of 2018, the banknote is still under circulation. It was one of the highest-value circulating banknotes in the world, worth around 620 USD, 3,914 CNY, 66,413 JPY, 584 CHF or 440 GBP. The note is used in the 23 countries which have the euro as their sole currency (with 22 legally adopting it), with a population of about 343 million. Initially, the high denomination notes were introduced very