
der Penny
penny
A coin and unit of currency in the United Kingdom equal to one hundredth of a pound sterling.
Die alte Telefonzelle funktionierte noch mit Penny-Münzen.
The old phone booth still worked with penny coins.
penny
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penny
A coin and unit of currency in the United Kingdom equal to one hundredth of a pound sterling.
Die alte Telefonzelle funktionierte noch mit Penny-Münzen.
The old phone booth still worked with penny coins.

penny
The colloquial term for the one-cent coin in the United States and Canada.
Er hob einen glänzenden Penny vom Gehweg auf.
He picked up a shiny penny from the sidewalk.

penny
A colloquial or regional term for the former German coin, the Pfennig.
Früher konnte man für ein paar Penny schon ein Eis kaufen.
In the past, you could buy an ice cream for just a few pennies.
'Penny' is a loanword from English. The context tells you which country is meant: most often it refers to Great Britain (pounds) or the USA (dollars).
In Großbritannien bezahlt man mit Pfund und Penny.
In Great Britain, people pay with pounds and pennies.
In present-day Germany, the euro-cent coin is normally not called 'Penny' (penny). The word is used almost exclusively for foreign or historical currencies.
Für den Einkaufswagen brauche ich eine Ein-Euro-Münze, kein Penny.
For the shopping cart, I need a one-euro coin, not a penny.
When Germans use 'Penny' (penny) in connection with German currency, it is colloquial and usually refers to the old 'Pfennig' from the time before the euro. Today, this usage is rare.
Meine Oma erzählt manchmal, was sie früher für einen Penny kaufen konnte.
My grandma sometimes tells us what she used to be able to buy for a penny.
cent
For an American or Canadian one-cent coin, both words can be appropriate. Cent primarily refers to the currency unit, while Penny is the colloquial term for the individual coin there. When talking about the amount, Cent is appropriate; when referring to the coin itself, Penny is often used.

Vor dem Laden fand ich einen amerikanischen Penny.
I found an American penny in front of the store.
Die Briefmarke kostet in den USA nur einen Cent.
The stamp costs only one cent in the United States.