| Cent (currency) |
Article Index for Cent |
Website Links For Cent |
Information AboutCent (currency) |
|
Penny , or 1¢]] In Currency , the cent is a Monetary Unit that equals th of the basic unit of value. It also refers to the Coin which is worth one cent. In the United States and Canada , the 1¢ coin is generally known by the nickname '' Penny '', alluding to the British coin and unit of that name. Etymologically , the word ''cent'' derives from the Latin word ''centum'' and is related to the Greek ''εκατόν'' (''hekaton''); both mean Hundred . Mint s all over the World usually create coins with values ranging from th to th of the monetary unit, while reserving Banknote s for higher values. However, coins with a th or th value are not uncommon, especially in cases of commemorative coinage. Many countries have pulled banknotes of a th value out of circulation and replaced them with coins. Cent amounts between 1 cent and 99 cents are usually indicated by the one or two digits followed by a ''cent sign'', usually the lower-case letter c pierced top to bottom by a forward slash or a vertical line: '''¢''' (2¢, 99¢), or by a lower-case letter c on its own (2c, 99c). In the United States and Canada , the first usage is more common, while in Australia , New Zealand and the Eurozone , the second usage is more common. In South Africa only the latter is ever used. Other monetary unit subdivision System s are possible, such as the old Pound Sterling , which until Decimalisation in 1971 was subdivided into ths ( Shilling s - s) and ths ( Old Pence - '''d'''). Examples of currencies around the world featuring cents, or related words from the same root such as ''centavo'', ''centimo'', ''centesimo'', ''sen'', are:
Examples of currencies which do not feature cents
EXTERNAL LINKS
|
|
|