What is a penny?

Penny (English singular: penny; Plural: penny) A unit of currency in Britain. Similar to China's "points". Because 197 1, 1 = 100 new pence. At present, the British coins in circulation are divided into half a penny (1985 stopped circulating), 1p, 2p, 5p, 10p, 20p, one kronor (1990 stopped circulating), 50p and 60p. The front of all coins is a statue of the British monarch, and coins minted in different administrative regions have different patterns besides the currency value on the back. But no matter which administrative district the coins were minted in, they are all common in the whole country. British paper money is divided into 1 pound (1988 stopped circulating), 5 pound,1pound, 20 pound and 50 pound. The British monarch, number and currency value are printed on the front of all banknotes in different currencies, and different British celebrities are printed on the back of banknotes in different currencies. The old system was adopted before 1970, 1 GBP = 240p (1 schilling = 12p, GBP =20 schilling). Most of the old British colonies and British possessions (Jersey, Guernsey, etc.). ) Now the same monetary system has been adopted. Penny is a small silver coin in the Middle Ages, and its name is as well known as Dinar and Degener.