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What does denomination of currency mean?

In: World Currencies [Edit categories]

Answer:

Currency denominations are the units the particular currency is issued in. For example, in the U.S. bills are made and circulated in the familiar denominations of $1, $10, and $20, amongst others. But there are no U.S. bills of a $25 denomination. By contrast, coins come in a 25-cent denomination but not in a 20-cent denomination.

First answer by TedlyW. Last edit by TedlyW. Contributor trust: 499 [recommend contributor ]. Question popularity: 2 [recommend question].

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