Penni
/ˈpenːi/noun
The former monetary subdivision of the Finnish markka, equal to one hundredth of a markka.
Did you know?Although the penni sounds like the English penny, Finnish borrowed the term through Swedish penning rather than directly from English; the penni disappeared from circulation when Finland adopted the euro in 2002.
Etymological Timeline
Proto-Germanic
PGmc
*panningą
“A reconstructed Germanic term associated with a coin or monetary payment.”
Old Norse
Old Norse
peningr
“Money, coin, or payment.”
Old Swedish
Old Swedish
penning
“A coin or unit of money.”
16th–19th Century
Swedish
penni
“A Swedish-influenced form used in Finnish monetary vocabulary.”
1860s
Finnish
penni
“The hundredth part of the Finnish markka, introduced as Finland developed its own currency.”
Modern English
English
penni
“The former Finnish currency subdivision, now obsolete as circulating money.”