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
Banknote Museum Banknotes issued by the provisional "mountain government" are also exhibited. This currency was valued against the equivalent value of kilograms of wheat. The 100 billion drachma banknote during the hyperinflation years of 1944 is also featured. It remains historically the highest banknote denomination in Greece and after the hyperinflation ended its value fell to just 2 drachmas. The museum is located on Aghios Spyridon Square in Corfu city and the admission is free. The museum also hosted a conference held between June 9–10, 2006, under the title of "The Economic Development of South-eastern Europe in the 19th century". Banknote Museum