Tuesday, March 29, 2011

Question of the Day: Why is a Penny called a Penny?

One foreign currency we were using was British money. The British pound was not divided into 100 cents like our dollar, but its smallest part was called a penny, and that's why we call our cent a "penny" today. But for more than one, the British called them "pence" while ours are called "pennies."

Source US Mint for Kids

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