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→Great Britain: Not always smallest unit.
==Great Britain==
==Great Britain==
The penny was originally made of silver, but now made of [[cupronickel]]. The plural is [[pence]] when referring to an amount of money, or pennies when referring to the coins. [[Pre-decimalisation]] there were 12 pence (written as 12d) to the shilling (written as 1s) and 20s to the pound, giving 240 pence to the [[pound]]. [[Post-decimalisation]] this was changed to 100 [[new pence]] in the pound, making one new pence equal to two-and-a-half old pence, five new pence equal to the shilling and ten new pence equal to two shillings. Indeed, even in the eighties it was still possible to find five pence coins marked as being worth one shilling, and ten pence coins marked as being worth two shillings.
The penny was originally made of silver, but now made of [[cupronickel]]. The plural is [[pence]] when referring to an amount of money, or pennies when referring to the coins. [[Pre-decimalisation]] there were 12 pence (written as 12d) to the shilling (written as 1s) and 20s to the pound, giving 240 pence to the [[pound]]. [[Post-decimalisation]] this was changed to 100 [[new pence]] in the pound, making one new pence equal to two-and-a-half old pence, five new pence equal to the shilling and ten new pence equal to two shillings. Indeed, even in the eighties it was still possible to find five pence coins marked as being worth one shilling, and ten pence coins marked as being worth two shillings.
Pre-decimalisation, the penny was not the smallest unit of currency.
Until 1960, this title was held by the farthing (one quarter of a penny). After 1960, the smallest unit was the halfpenny.
== Australia ==
== Australia ==