Valér

Valör is a Swedish term used mainly in finance and numismatics to denote the stated value of a monetary instrument or the date from which its value is considered effective. The exact meaning depends on context, but the common thread is the assignment of a specific value to something that can be quantified in currency.

In everyday currency, valör refers to the denomination or face value of banknotes and coins. For example, the valör of a banknote is the amount printed on it, such as 20 or 100 kronor. This value is the nominal amount used for arithmetic and transactions, and it may differ from its purchasing power due to inflation or scarcity.

In investment and financial instruments, valör means the nominal or par value of a security, such as a bond or a share issue. The valör represents the amount that is due to the holder at maturity or the base amount used for interest calculations. It is a reference point rather than a current market price.

In banking and payments, valör can also denote the value date—the date on which a transfer or payment is deemed to settle and from which interest accrues. This usage focuses on the timing and accounting of funds rather than the instrument’s nominal amount.

Etymologically, valör derives from the French valeur, meaning value. The term is widely used in Swedish and other Nordic languages in similar financial and monetary contexts.