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Penny Sir
A penny is a coin (: pennies) or a unit of currency (: pence) in various countries. Borrowed from the Carolingian 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 British penny ( p) and the '' de facto'' name of the American one-cent coin (abbr. ¢). ''Penny'' is also the informal name of the cent unit of account in Canada, although the production of one-cent 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 French denier and the German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such as the euro cent or Chinese fen. The Carolingian penny was originally a 0.940-fine silver coin, weighing pound. It was adopted by Offa of Mercia and other English kings and remained the principal currency in Europe over th ...
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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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