Why is a penny called a penny?
When America created its currency, we were still using other currencies. One was from Britain. The smallest part of a British pound was called a penny, or “pence”. As for the British penny, it got its name from the Old English penning, which is thought to derive from the German pfennig.
Join Alexa Answers
Help make Alexa smarter and share your knowledge with the worldLEARN MORE