valuuttanimellisarvosta

Valuuttanimellisarvo, often translated as currency face value or nominal value, refers to the printed or inscribed value of a banknote or coin as it is officially designated by the issuing authority. This is the amount of money the currency is intended to represent in everyday transactions. For example, a banknote with "50" printed on it has a face value of 50 units of its respective currency, such as 50 euros or 50 US dollars.

This nominal value is distinct from the currency's intrinsic value, which is the value of the material used to produce the currency itself. Historically, many coins had an intrinsic value equal to or exceeding their face value, as they were made from precious metals like gold or silver. However, modern currencies are typically fiat currencies, meaning their value is not backed by a physical commodity but by government decree and public trust. Therefore, the intrinsic value of a modern banknote or coin is usually far less than its face value.

The face value is crucial for determining the purchasing power of money. It allows for standardized exchange and accounting. When people refer to the amount of money they have or owe, they are almost always referring to the face value. Collectors may sometimes assign a value to old or rare currency that is significantly higher than its face value, based on its rarity, condition, and historical significance, but this is a market value, not its official nominal designation.