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Technically the official name of the American coin is cent. The penny was never the name of any US currency. A penny is British currency. In the past the penny had a relatively low value. It still isn't worth much. At this time a penny is defined as one hundredth of a British pound. But many people refer to the cent as a penny.

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10y ago
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Shigaraki

Lvl 3
3y ago

Technically the official name of the American coin is cent. The penny was never the name of any US currency. A penny is British currency. In the past the penny had a relatively low value. It still isn't worth much. At this time a penny is defined as one hundredth of a British pound. But many people refer to the cent as a penny.

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