Pfennig Pfennig The pfennig (; pfennigs or ; symbol Pf. or ₰) or penny is a former German coin or note, which was official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City
1 euro cent coin coin unless the issuing country uses an alphabet other than Latin (currently, Greece is the only such country, hence engraving "1 ΛΕΠΤΟ" upon its coins); Austria ignores this rule, engraving "EIN EURO CENT" on its coins. Austria, Germany and Greece will also at some point need to update their designs to comply with guidelines stating they must include the issuing state's name or initial, and not repeat the denomination of the coin. In addition, there are several EU states that have not yet adopted the euro, some of them have already agreed upon their coin designs; however, it is not