Denomination

The title of this article is ambiguous. For the term of the same name in the securities business, see denomination (share) . For the term of the same name in heraldry, see denomination (heraldry) .

Under denomination refers to either the minimum trading nominal value unit of bonds or of individual shares or the division of a unit of currency in certain nominal value (nominal value ranking of a coin or banknote series), for example in the Euro-currency.

General

For example, if the denomination of a bond is € 1,000, it can be traded for a nominal value of € 1,000, € 2,000, € 3,000, etc.

In the past, denomination was understood to mean cutting out or punching out the flint , also known as a coin plate or round piece , from the zain with a pair of scissors. The zain was the rolled or hammered coin metal strip that was worked out from the original cast bar.

Euro

Coins

1 - 2 - 5 - 10 - 20 - 50 (euro) cents and 1 - 2 euros

Banknotes

5 - 10 - 20 - 50 - 100 - 200 - 500 euros

Other currencies

The denomination 1 - 2 - 5 - 10 - 20 - 50 - etc. is the most common today in modern currencies; however, not all possible values ​​are brought out for many currencies. In the more recent past - and to this day in the United States and Brazil - 0.25 coins were popular instead of 0.20 coins, for example in the Netherlands until the introduction of the euro and in Scandinavia. See also coin denominations .

Examples of two old German currency denominations - without gold coins and commemorative coins as a donative :

1 (Reichs-) Taler - ½ T. - ⅓ T. - ¼ T. - ⅙ T. - 1/12 T. - 1/24 T. ( Groschen ) - 1/48 Taler (6  Pfennig ) - 3 Pf. - 1 Pf. (Prussia around 1770)

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

Denominations of major currencies

	currency		1 € =	Coins												Banknotes
Eurozone	Euro	cent	1					0.01	0.02	0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100	200	500		EUR	€
Egypt	Pound	Piasters	18.7611			0.05	0.10	0.25	0.50	1		5	10	20th	50	100	200							EGP	LE £ E
Argentina	peso	Centavo	87.3267	0.01	0.05	0.10	0.25	0.50	1	2	5	10	20th	50	100	200	500	1000						ARS	$ arg $
Australia	dollar	cent	1.6216				0.01	0.02	0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100					AUD	$
Brazil	real	Centavo	6.5608			0.01		0.05	0.10	0.25	0.50	1	2	5	10	20th	50	100						BRL	R $
People's Republic of China	Yuan	Jiǎo, Fēn	8.1749		0.01	0.02	0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100							CNY	￥
Denmark	Crown	Øre	7.4439						0.25	0.50	1	2	5	10	20th	50	100	200	500	1000				DKK	dkr.
India	rupee	Paisa	87.2125		0.10	0.25	0.50	1	2	5	10	20th	50	100	200	500	1000	2000						INR	iR
Indonesia	Rupiah	Sen	17,330.67			25th	50	100	200	500	1000	2000	5000	10,000	20000	50000	100,000							IDR	Rp.
Israel	Shekel	Agora	3,9893						0.10		0.50	1	2	5	10	20th	50	100	200					ILS	₪
Japan	yen		125.39					1		5	10		50	100		500	1000	2000	5000	10,000				JPY	¥
Canada	dollar	cent	1.5553					0.01		0.05	0.10	0.25	0.50	1	2	5	10	20th	50	100				CAD	$
Malaysia	Ringgit	Sen	4.9632			0.01		0.05	0.10	0.20	0.50	1		5	10	20th	50	100						MYR	RM $
Mexico	peso	cent	26,069			0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100	200	500	1000					MXN	$
New Zealand	dollar	cent	1.7723							0.10	0.20	0.50	1	2	5	10	20th	50	100					NZD	$
Poland	Zloty	Grosz	4.3921			0.01	0.02	0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100	200					PLN	zł
Romania	Leu	Ban	4.8395			0.01		0.05	0.10		0.50	1		5	10		50	100	200	500				RON	L.
Russia	ruble	Kopeck	88.625	0.01	0.05	0.10		0.50	1	2	5	10		50	100	200	500	1000	2000	5000				RUB	₽ руб
Sweden	Crown	Ore	10.2603							0.50	1	2	5	10	20th	50	100	200	500	1000				SEK	Skr.
Switzerland	Francs	Rappen	1.0758							0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100	200		1000	CHF	SFr.
South Africa	edge	cent	19.8829			0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100	200							ZAR	R.
South Korea	won		1,407.24		1		5	10		50	100		500	1000		5000	10,000		50000					KRW	₩
Czech Republic	Koruna	Haléř	26.2							1	2	5	10	20th	50	100	200	500	1000	2000	5000			CZK	Kč
Turkey	lira	Yeni Kurus	8.7176			0.01		0.05	0.10	0.25	0.50	1		5	10	20th	50	100	200					TRY	₺
Hungary	Forints	Filler	355.18				1	2	5	10	20th	50	100	200	500	1000	2000	5000	10,000	20000				HOOF	Ft
United Kingdom	Pound sterling	penny	0.8947					0.01	0.02	0.05	0.10	0.20	0.50	1	2	5	10	20th	50	100				GBP	£
United States	U.S. dollar	cent	1.1915					0.01		0.05	0.10	0.25	0.50	1	2	5	10	20th	50	100				USD	$

• All nominal values ​​in the same column have roughly the same value.
• Green: denominations are available as coins and banknotes.
• Orange: Coin is formally still valid and still in circulation, but is no longer minted because of its low market value.

Logarithmic representation of the nominal value of the euro

The denomination usually follows an exponential law as the value increases. Using the euro as an example, a best-fit line is shown for the points for each coin or banknote. The small deviations from this straight line result from the requirement for "smooth" numbers.

See also

• Denomination (currency)

Web links

• The optimal coin denomination

Individual evidence

1. ↑ Helmut Kahnt / Bernd Knorr, Old Dimensions, Coins and Weights. A lexicon. Bibliographisches Institut, Leipzig 1986, licensed edition Mannheim / Vienna / Zurich 1987, p. 397, ISBN 3-411-02148-9
2. ↑ Friedrich von Schrötter (Ed.), Dictionary of Coin Studies , 1970, p. 668
3. ↑ No more 500 euro bills will be issued; the old ones from the 1st series are still valid.