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
Austrian euro coins denomination, per year. Each year the Austrian Mint issues a limited edition of its Euro coins in proof quality. Austria has a large collection of euro commemorative coins, mainly in Silver and Gold, but they also use other materials (like Niobium for example). Their face value range from 5 euro to 100 euro. This is mainly done as a legacy of old national practice of minting Gold and Silver coins. These coins are not really intended to be used as means of payment, so generally they do not circulate. Here are some samples: Austrian euro coins Austrian euro coins have