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Cent , or 1¢ or a Penny ]] In Currency , the cent is a Monetary Unit that equals 1/100 of various countries' basic monetary units. The word 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. ETYMOLOGY Etymologically , the word ''cent'' derives from the Latin word ''centum'' and is related to the Greek ''εκατόν'' (''hekaton''); both mean Hundred . SYMBOL Cent amounts between 1 cent and 99 cents are often indicated by the one or two digits followed by the ''cent sign'', a lower-case letter c pierced top to bottom by a forward slash or a vertical line: '''¢''' (2¢, 99¢). Where the cent sign is not available (Such as in ASCII), a lower-case letter c on its own is used (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. In Spreadsheet s, the format $0.99 is common, since it makes it simpler to keep the Decimal Point s aligned. It is notable that when written the cent sign follows the amount, versus a larger currency symbol placed at the beginning of the amount. For example 2¢ and $.02. The symbol "¢" has it can be entered as ¢ or ¢ The symbol "¢" can be made in ANSI by holding the ALT key and typing the number 155 (ALT + 155) (or Alt + 0162)(on a mac, use Opt + 4). The cent sign is not to be confused with the Colón sign ₡, which has a code point U+20A1 in Unicode (or 8353 in decimal); or the Cedi sign ₵, which has a code point '''U+20B5''' in Unicode (or 8373 in decimal). USAGE Mint s all over the World usually create coins with values up to between the equivalent of 0.1 ~ 10 U.S. Dollars , while reserving Banknote s for higher values. As Inflation lowers the value of currencies, many have replaced the lowest-valued banknotes with coins ( Canadian Dollar , Australian Dollar , Pound Sterling , Euro ), removed the lowest-valued coins from circulation, and/or introduced higher-valued bills. The U.S. dollar is a notable holdout, using a $1 bill along with a (less-popular) coin, where all other industralized nations use solely a coin for the approximate equivalent value. Other monetary unit subdivision System s are possible, such as the old Pound Sterling , which until Decimalisation in 1971 was subdivided into 20 Shilling s (s) or into 240 Old Pence ('''d'''). Examples of currencies around the world featuring cents, or related words from the same root such as ''centimo'', ''centesimo'', ''sen'', are:
Examples of currencies which do not feature cents
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