answersLogoWhite

0

It's a holdover from colonial times when British Coins were used. The British penny was about the same size as the first American one-cent coins and served a similar purpose in making change, so people used the name interchangeably. Since then it's just "stuck" in popular usage, the same way we talk about "dialling" a telephone even though dial phones haven't been used for decades.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

How do you make 61cents out of 3 coins?

One fifty-cent piece, one dime, and one cent (penny)


What is the value of a 1948 France one cent piece?

0.7 of an American penny


Why is a 10 cent coin called a penny?

We have never heard of a 10 cent coin called a penny, but at one time there were 1 cent coins called nickels. This happened because the 1 cent coins were made as thick as a nickel.


What is a 1867 two cent penney worth?

PENNY, not "penney". Penney's is a department store chain. Also it has to be either a two cent piece or a penny but not both. A penny is worth one cent so a "two cent penny" is not a meaningful description. Please see the Related Questions for possible answers depending on what you have.


How many cents are one penny?

The words cent and penny are synonymous; a cent is a penny.


How many pennies equal a cent?

One penny is equal to one cent. Therefore, it takes one penny to make a cent.


Is a penny one hundredth of a dollar?

Yes -the term 'penny' refers to a 1 cent piece in america. It's also 100th of a pound in the UK.


2 cent penny?

No such coin. A penny is one cent so a 2 cent penny does not exist. There are US Two- Cent pieces but a date is needed.


What is the value of a 1918 one cent piece?

it really depends. if its an Indian head penny its probably a dollar. a penny with Lincoln is a really a penny because Lincoln went on the penny in about the mid 1900's.


How much is a 1991 penny?

It's worth exactly one cent.


How much is a cent Penny from 2000?

One cent.


Hundredths of a dollar?

penny