New Zealand twenty-cent coin pegged to the British pound, was changed to a decimal dollar at a rate of two dollars to a pound. Therefore, 20 cents was worth a tenth of a pound. The 20-cent coin replaced the florin coin which had been worth two shillings, or a tenth of a pound. Like the florin, the new 20-cent coin was made of cupronickel, 28.58 mm in diameter, 11.31 grams in weight, and had 100% edge milling. The 20-cent coin retained the presence of a kiwi on the reverse of the florin, albeit in a different design. The original obverses of 20-cent coins depicted
Penny (Canadian coin) Penny (Canadian coin) In Canada, a penny is a coin worth one cent, or of a dollar. According to the Royal Canadian Mint, the official national term of the coin is the "one-cent piece", but in practice the terms "penny" and "cent" predominate. Originally, "penny" referred to a two-cent coin. When the two-cent coin was discontinued, "penny" took over as the new one-cent coin's name. "Penny" was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins and Spanish