diff --git a/test/basic.js b/test/basic.js
index cdf1e71cf..f34a2a7bd 100644
--- a/test/basic.js
+++ b/test/basic.js
@@ -5,6 +5,7 @@ var Address = require('../Address').class();
 var PrivateKey = require('../PrivateKey').class();
 var networks = require('../networks');
 var KeyModule = require('../Key');
+var coinUtil = require('../util/util');
 
 suite('basic');
 
@@ -110,8 +111,22 @@ function is_invalid(datum)
 	assert.equal(valid, false);
 }
 
+function test_value(datum)
+{
+	if (datum.length != 2)
+		throw new Error("Bad test");
+
+	var decimal = datum[0];
+	var intStr = datum[1];
+
+	var bn = coinUtil.parseValue(decimal);
+	assert.notEqual(bn, undefined);
+	assert.equal(bn.toString(), intStr);
+}
+
 var dataValid = JSON.parse(fs.readFileSync('test/base58_keys_valid.json'));
 var dataInvalid = JSON.parse(fs.readFileSync('test/base58_keys_invalid.json'));
+var dataValues = JSON.parse(fs.readFileSync('test/values.json'));
 
 test('valid', function() {
 	dataValid.forEach(function(datum) { is_valid(datum); });
@@ -121,3 +136,7 @@ test('invalid', function() {
 	dataInvalid.forEach(function(datum) { is_invalid(datum); });
 });
 
+test('values', function() {
+	dataValues.forEach(function(datum) { test_value(datum); });
+});
+
diff --git a/test/values.json b/test/values.json
new file mode 100644
index 000000000..517acbc16
--- /dev/null
+++ b/test/values.json
@@ -0,0 +1,7 @@
+[
+	[ "0", "0" ],
+	[ "1.0", "100000000" ],
+	[ "0.1", "10000000" ],
+	[ ".1", "10000000" ],
+	[ "0.0005", "50000" ]
+]
diff --git a/util/util.js b/util/util.js
index 076951fe3..974a93d9a 100644
--- a/util/util.js
+++ b/util/util.js
@@ -107,6 +107,49 @@ var formatValue = exports.formatValue = function (valueBuffer) {
   return integerPart+"."+decimalPart;
 };
 
+var reFullVal = /^\s*(\d+)\.(\d+)/;
+var reFracVal = /^\s*\.(\d+)/;
+var reWholeVal = /^\s*(\d+)/;
+
+function padFrac(frac)
+{
+	while (frac.length < 8)
+		frac = frac + '0';
+	return frac;
+}
+
+function parseFullValue(res)
+{
+	return bignum(res[1]).mul('100000000').add(padFrac(res[2]));
+}
+
+function parseFracValue(res)
+{
+	return bignum(padFrac(res[1]));
+}
+
+function parseWholeValue(res)
+{
+	return bignum(res[1]).mul('100000000');
+}
+
+exports.parseValue = function parseValue(valueStr)
+{
+	var res = valueStr.match(reFullVal);
+	if (res)
+		return parseFullValue(res);
+
+	res = valueStr.match(reFracVal);
+	if (res)
+		return parseFracValue(res);
+
+	res = valueStr.match(reWholeVal);
+	if (res)
+		return parseWholeValue(res);
+
+	return undefined;
+};
+
 var pubKeyHashToAddress = exports.pubKeyHashToAddress = function (pubKeyHash, addressVersion) {
   if (!pubKeyHash) return "";