Denomination (currency)

It used to be understood by denomination cutting out or punching the Schrötlings, also known as flan or blank, from the Zain. The Zain was the rolled or hammered Münzmetallstreifen, which was elaborated from the original cast ingot.

Today denotes the denomination, formerly known particularly for securities also sections,

• The smallest tradable unit nominal value of bonds. If the denomination of a bond, for example, € 1,000, so they can be used for a nominal value of € 1,000, € 2,000, € 3,000, etc. are traded.
• The nominal value ranking of a coin or banknote series, for example Euro - currency.

Coins: 1 - 2 - 05.10.20 - 50 Euro cents and 1-2 euros

Banknotes: 10/05/20 - 50-100 - 200-500 EUR

The Size 1 - 05/02/10 - 20 - 50 - etc. is now the most common in modern currency, although in many currencies, not all possible values ​​are brought out. See also Münznominal.

Examples of two old German currency denominations - excluding gold coins and commemorative coins as additional donations

1 ( Reich ) Taler - ½ T. - T. ⅓ - ¼ T. - ⅙ T. - 1/ 12 d - 1/ 24 d ( pence ) - 1/ 48 Taler ( 6 Pfennig ) - 3 Pf - 1 Pf ( Prussia in 1770 )

3 ½ ( club ) Guilders - 2 G. - 1 G. - G. ½ - 6 Kreuzer - 3 K. - 1 K. - K. ½ - 1 Pf - 1 Heller ( Bavaria 1860 )

• All denominations were in the same column have approximately the same value.
• Green: Nominal there as coin and as a banknote.
• Orange: coin is formally still valid and still in circulation, but is no longer characterized because of their low market value.

The denomination is usually followed by an exponential law with the increase of the value. The example of the euro is shown on the points for each coin or bill a best fit line. The slight deviations from these straight lines follow from the requirement for "smooth" numbers.

• Numismatics
• Cash payments