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 milled dollars.