old penny

The 'old penny' was part of the pre-decimal currency system in the United Kingdom and Ireland, symbolized by 'd' and replaced by the decimal penny in 1971.

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Definition

B2United Kingdom

(historical)A former British coin worth 1/240th of a pound sterling, used before the decimalization in 1971.

Example

  • The old penny was replaced by the new decimal currency in 1971.

B2Ireland

(historical)A former Irish coin worth 1/240th of an Irish pound, used before the decimalization.

Example

  • The old penny in Ireland was similar in value to the British old penny.

Similar

Terms that have similar or relatively close meanings to "old penny":

penny mailpenny sterlingpenny packetthreepenny bittwo penn'orththree halfpencepenny antepin moneybad pennypenny dreadfulwooden nickelfarthing dippenny bun