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Australia
==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The penny was originally made of silver, but now made of [[cupronickel]].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The penny was originally made of silver, but now made of [[cupronickel]].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.
== Australia ==
Before Australia adopted decimal currency in 1966, the penny was the second-smallest denomination (the smallest being the halfpenny).
When the [[cent]] replaced the penny in 1966, it was worth a bit more (ten cents were worth twelve pennies), and the term "penny" fell out of use.
==References==
==References==