Greek δηνάριον. Also called Penny, Denarii, Pence, denarion.
A Roman silver coin, and a day's wage for a labourer — the one figure that makes every sum in the gospels legible.
Wage
1 day's wage (1 day's wage).
Reckoned from the wage agreed in the parable of the labourers.
Mass
3.7–3.9 g (0.131–0.138 oz).
Reckoned from surviving denarii of Tiberius.
Diameter
1.7–1.9 cm (0.669–0.748 in).
Reckoned from surviving denarii of Tiberius.
The denarius is the coin the New Testament reckons in, and its value is not left to inference: the landowner in the parable agrees a denarius a day with the workers he hires, which fixes it as an ordinary day's wage. Everything else follows from that. The Good Samaritan leaves two of them for a stranger's care, which is two days of a working man's income. The disciples call two hundred denarii an absurd sum for bread, which is most of a year. And it is a denarius that Jesus asks for when he asks whose image is on it — the coin carried the emperor's head, which is what makes the question sharp.
The denarius is the one coin the text itself values: a day’s pay for a labourer. That makes every sum in the gospels readable as time. Three hundred denarii is about a year of work once the Sabbaths are set aside, which is why the disciples balk at the ointment.
Where it appears
Matthew 20:2A denarius a day, agreed with the labourers
Luke 10:35Two denarii left for an injured man's care