Definitions
- Referring to a former German currency unit that was in use before the Euro. - Talking about a small amount of money, usually less than a Euro or a Dollar. - Describing a coin that was used in Germany and other European countries before the introduction of the Euro.
- Referring to a monetary unit used in several countries, including the United States, United Kingdom, and Canada. - Talking about a small denomination coin, usually worth one cent or one hundredth of a dollar. - Describing a unit of currency that is used for small transactions or change.
List of Similarities
- 1Both pfennig and penny are small denominations of currency.
- 2Both can be used to describe a coin.
- 3Both are used for small transactions or change.
- 4Both have been replaced by other currencies in some countries.
What is the difference?
- 1Usage: Pfennig is not commonly used anymore, while penny is still in use in several countries.
- 2Value: Pfennig was worth less than a Euro, while penny is worth one cent or one hundredth of a dollar.
- 3Variety: Penny is used in several countries, while pfennig was mainly used in Germany and other European countries.
- 4Material: Penny is made of copper or zinc, while pfennig was made of copper or aluminum.
Remember this!
Pfennig and penny are both small denominations of currency used for small transactions or change. However, pfennig is a former German currency unit that is not commonly used anymore, while penny is still in use in several countries, including the United States, United Kingdom, and Canada. Additionally, pfennig was worth less than a Euro, while penny is worth one cent or one hundredth of a dollar.
