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
Banknotes of the Republic of Ireland Generally, central banks in the Eurozone provide banknotes of one specific denomination each year, according to demand and a rotating allocation (determined by the ECB). Prior to the introduction of the euro in 2002, national banks produced several of the lower denominations to build up stockpiles. Since 2002 however, the Central Bank of Ireland has only printed €10 notes, . Although notes produced in other Eurozone states circulate alongside domestically produced notes, the country of origin for any euro banknote can be identified by a one-letter prefix preceding the serial number. Banknotes issued in Ireland can be identified by the