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
Siege money (Newark) to introduce a "Newark Siege Pound" as a form of local currency they believe would benefit the local economy. Attribution: Siege money (Newark) Siege money or money of necessity was minted in Newark-on-Trent in 1646 during the third and final siege (1645–1646) — the last year of the First English Civil War. To meet need for money, the besieged Royalists set up a mint that manufactured lozenge-shaped coins — half-crowns, shillings, ninepences, and sixpences. Royalist noblemen and gentlemen freely gave their flagons and drinking cups, and these were fashioned into the lozenge-shaped coins. On some of them it is possible