There are 100 pence in a Pound (GBP). There were 240 pence in a pre-decimal Pound. (12 Pence in a Shilling, 20 Shillings in a Pound.) Or use the currency converter in related links.
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One pence (singular is a penny) is one hundredth of a pound, as there are 100 pence in £1.
100 pennies equals a pound in the current decimal system. Before 1971, a pound sterling was divided into 240 pence.
100
two fifty pence 100p=£1. £100/50p=2
There are 100 pence in one pound. Therefore, to convert 0.29 pounds to pence, you would multiply 0.29 by 100. This equals 29 pence.