Penny
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Penny
A penny is a coin (: pennies) or a unit of currency (: pence) in various countries. Borrowed from the Carolingian Renaissance#Carolingian currency, Carolingian French denier, denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. At present, it is the formal name of the Penny (British decimal coin), British penny ( p) and the ''de facto'' name of the Penny (United States coin), American one-cent coin (abbr. ¢). ''Penny'' is also the informal name of the cent unit of account in Canada, although the production of penny (Canadian coin), one-cent coins Withdrawal of low-denomination coins, was ended in 2012. The name ''penny'' is also used in reference to various historical currencies, also derived from the Carolingian system, such as the Kingdom of France, French denier (coin), denier and the Kingdom of Germany, German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such ...
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Penny (British Pre-decimal Coin)
The United Kingdom, British £sd, pre-decimal penny was a denomination of Coins of the United Kingdom, sterling coinage worth of one Pound sterling, pound or of one Shilling (British coin), shilling. Its symbol was ''d'', from the Roman denarius. It was a continuation of the earlier Penny (English coin), English penny, and in Scotland it had the same monetary value as one Acts of Union 1707, pre-1707 Scottish shilling, thus the English penny was called in Scottish Gaelic. The penny was originally minted in silver, but from the late 18th century it was minted in copper, and then after 1860 in bronze. The plural of "penny" is "pence" (often added as an unstressed suffix) when referring to an amount of money, and "pennies" when referring to a number of coins. Thus 8''d'' is eightpence or eight pence, but "eight pennies" means specifically eight individual penny coins. Before Decimal Day in 1971, sterling used the Carolingian monetary system (£sd), under which the largest unit w ...
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Penny (Australian Coin)
The Australian penny was a Coins of the Australian pound, coin of the Australian pound, which followed the £sd system. It was used in the Commonwealth of Australia prior to decimalisation in 1966. One Australian penny was worth Shilling (Australian), Australian shilling, Florin (Australian coin), Australian florin, Crown (Australian coin), Australian crown, and Australian pound. The coin was equivalent in its dimensions and value to the British pre-decimal Penny (British pre-decimal coin), penny, as the two currencies were originally fixed at par. The coin was introduced in 1911, while the last penny was minted in 1964. After decimalisation on 14 February 1966 the penny was equal to 0.8333 Australian dollar, cents. The obverse of the coin featured the reigning Australian monarch. Three were featured: George V, George VI and Elizabeth II. All of the pennies bearing George VI and Elizabeth II had a kangaroo on the reverse. The kangaroo image was on the Australian half penny ...
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Euro Cent
There are eight euro coin denominations, ranging from one cent to two euro (the euro is divided into a hundred cents). The coins first came into use in 2002. They have a common Obverse and reverse, reverse, portraying a map of Europe, but each country in the eurozone has its own design on the Obverse and reverse, obverse, which means that each coin has a variety of different designs in circulation at once. Four European microstates that are not members of the European Union (Andorra, Monaco, San Marino, and Vatican City) use the euro as their currency and also have the right to mint coins with their own designs on the obverse side. The coins, and various €2 commemorative coins, commemorative coins, are minted at numerous national mints across the eurozone to strict national quotas. Not every eurozone member state has its own mint. Obverse designs are chosen nationally, while the reverse and the currency as a whole is managed by the European Central Bank (ECB). History The e ...
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