Debasement the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. If done too frequently, debasement may lead to a new coin being adopted as a standard currency, as when the Ottoman Akçe was replaced by the kuruş (1 kuru = 120 akçe), with the para (1/40 kuruş) as a subunit. The kuruş in turn later became a subdivision of the lira. Debasement Debasement is the practice of lowering the value of currency. It is particularly used in connection with commodity money such as gold or silver coins. A coin is
Money burning value had fallen below their value as fuel. The same occurred to 5-franc coins of Switzerland, which up to the year 1969 were minted using a silver alloy. Section 16 of the "Crimes (Currency) Act 1981" prohibits deliberate damage and destruction of money or Australian without a relevant legal permit. The law covers both current Australian money and historical coins and notes. Breaking this law can lead to detention or a fine. According to this law, even writing words on a banknote can be punished. In Brazil, whether it is illegal for a person to burn his or her own