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A farthing was originally called a fourthing - The old English Penny was originally designed to be cut into four pieces in order to make change! Over the years, the word degraded into the modern spelling.
Answer
Actually, a farthing is a semantic shift of fourthing, from Old English feorðung, or fourth (quarter) of a penny. They were not cut into four, but minted as a coin with four to a penny (so a halfpenny, pronounced hay-penny, was worth two farthings).The confusion above may come about from pennies being cut into two or four, thus making halfpennies and farthings. They were used in Britain until 1960, at which time inflation had made them near valueless and a nuisance.
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What is the Canadian equivalent to a British Farthing- current year?
The last British Farthing was minted in 1956 and the coin was demonetised in 1960. There is no British decimal equivalent coin, but at the time of decimalisation, a Farthing, if the coin had existed, would have converted to 0.104 New Pence GBP. At current January 2010 exchange rates, that would be about 2 cents CAD.
