Denomination (currency) 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 = 12000 akçe. Today, only a few places have more than one subunit, notably the Jordanian
Scenes of Canada in 1964 as the basis for the new series. Each denomination retained the dominant colour of the respective banknote from the 1954 Series: green for the $1 banknote, orange (terracotta) for the $2 banknote, blue for the $5 banknote, mauve (purple) for the $10 banknote, burnt orange (red) for the $50 banknote, and brown for the $100 banknote. Because of the multicoloured tints used to complement the design for each banknote, Bank of Canada staff began referring to the series as the "multicoloured series". The portraits on the obverse of each denomination were larger than for the same denomination in