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Cent (currency)

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¢ c

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.

1 Etymology
2 Symbol
3 Usage
4 External links

Etymology


A United States cent, or 1¢ or a penny.	A euro cent, showing the common reverse side. The obverse side is country-specific.
Images are to scale

Currency signs • ¤

฿ • ₵ • ¢ • $ • ₡ • B/. • ₫ • € • ƒ • ₲ • ₭
£ • ₤ • ₥ • ₦ • ₱ • P • R • Sk • ₨
৲ • S/. • ৳ • R$ • $ • ₮ • ₩ • ¥ • zł • ₴ • ₪ Former signs
₳ • ₢ • ₰ • ₯ • ₠ • ₣ • Lm • ℳ • ₧ • I/.• Kčs

Etymologically, the word cent derives from the Latin word centum meaning hundred.

Symbol

Where the cent is a subdivision of a dollar (abbreviated $), a cent is represented by the cent sign, a lower-case letter c pierced top to bottom by a forward slash or a vertical line: ¢. In other currencies, for example of Euro cent, a normal c is used more often as an abbreviation. Cent amounts between 1 cent and 99 cent(s) Can be represented as one or two digits followed by the appropriate abbreviation (2¢, 99¢, 2c, 99c), or as a subdivision of the larger unit (€0.99). Again usage varies from one currency to another. In the United States and Canada, the usage ¢ is more common, while in Australia, New Zealand and the Eurozone, the c is more common. In South Africa and Ireland, only the c is ever used. When written the cent sign (¢ or c) follows the amount, versus a larger currency symbol placed at the beginning of the amount. For example 2¢ and $0.02. or 2c and €0.02. The symbol "¢" has Unicode code point U+00A2 (inherited from Latin-1)[1], and the decimal representation is 162. In HTML it can be entered as ¢ or ¢ On most versions of the Microsoft Windows operating system, the symbol "¢" can be made in ANSI by holding the ALT key and typing the number 155 (ALT + 155) (or Alt + 0162) on the numeric keypad. However, this method will not necessarily work on systems set for other than Western European regional settings (for example, it won’t produce the ¢ on Central European, Cyrillic or Greek Input-method editors). On most versions of Mac OS and Mac OSX, the symbol is made by typing Option + 4 on the number row. 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

Mints all over the world usually create coins with values up to between the equivalent of 0.1 ~ 10 U.S. dollars, while reserving banknotes 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 nearly all other industralized nations use solely a coin for the approximate equivalent value. Other monetary unit subdivision systems are possible, such as the old pound sterling, which until decimalisation in 1971 was subdivided into 20 shillings (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: