Definitions for pfennigˈfɛn ɪg; Ger. ˈpfɛn ɪx; Ger. ˈpfɛn ɪ gə
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100 pfennigs formerly equaled 1 Deutsche Mark in Germany
One one-hundredth of the former German mark .
Origin: * Pfennig
a small copper coin of Germany. It is the hundredth part of a mark, or about a quarter of a cent in United States currency
Origin: [G. See Penny.]
The Pfennig, plural Pfennige, is an old German coin or note, which existed 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, the former Federal Republic of Germany and the German Democratic Republic, and after the German reunification in the present Federal Republic of Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark and the Danzig gulden in the Free City of Danzig. As a currency sign the letter 'd' for 'denarius' in German kurrent script was used: ₰. This abbreviation has nearly fallen out of use since the 1950s, with the demise and eventual abolition of the Reichsmark with its Reichspfennig. The symbol is encoded in Unicode at U+20B0 ₰ german penny sign.
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