What is a "mil"?

Last Updated:

A mil is one-thousandth of a goldgram, the smallest transfer possible in the Goldmoney system. Each goldgram is divisible into thousandths of a gram ('mils') for precision in a transaction. Thus, 11.215gg expresses the amount of 11 goldgrams and 215 mils. 

Was this article helpful?
5 out of 6 found this helpful
Have more questions? Submit a request