Cent (currency)

1/2 cent by East India Company (1845).
Obverse: Crowned head left with lettering Queen Victoria. Reverse: Face value. I , year and East India Company inscribed outside wreath.
18,737,498 coins minted in 1845.
A United States one-cent coin, also known as a penny

In many national currencies, the cent, commonly represented by the cent sign (a minuscule letter "c" crossed by a diagonal stroke or a vertical line: ¢; or a simple "c") is a monetary unit that equals  1⁄100 of the basic monetary unit. Etymologically, the word cent derives from the Latin word "centum" meaning hundred. Cent also refers to a coin 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. In Ireland the 1c coin is also sometimes known as a penny in reference to the Irish penny, worth  1⁄100 of the Irish pound that was replaced by the euro in 2001.

Symbol

A cent is commonly represented by the cent sign, a minuscule letter "c" crossed by a diagonal stroke or a vertical line: ¢; or a simple "c", depending on the currency (see below). Cent amounts from 1 cent to 99 cents can be represented as one or two digits followed by the appropriate abbreviation (2¢, 5¢, 75¢, 99¢), or as a subdivision of the base unit ($0.99).

Back in the days of typewriters, the cent sign appeared as the shift of the 6 key. The cent sign has not survived the changeover from typewriters to computer keyboards (replaced positionally by the caret). There are alternative ways, however, to create the character (offset 162) in most common code pages, including Unicode and Windows-1252:

The cent sign has Unicode code point:

Usage of the cent symbol varies from one currency to another. In the United States, Canada and Mexico, 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 used.

When written in English, the cent sign (¢ or c) follows the amount (with no space between), in contrast with a larger currency symbol, which is placed before the amount. For example, 2¢ and $0.02, or 2c and €0.02.

The Ghanaian cedi's symbol is ¢.

Usage

Examples of currencies around the world featuring centesimal ( 1⁄100) units called cent, or related words from the same root such as céntimo, centésimo, centavo or sen, are:

Examples of currencies featuring centesimal ( 1⁄100) units not called cent

Examples of currencies which do not feature centesimal ( 1⁄100) units:

Examples of currencies which use the cent symbol for other purpose:

See also

References

  1. ↑ See Alt code for more information.
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