A monetary unit of Germany (until the introduction of the euro), equal to one hundredth of a mark.
- His grandfather, currently a garrison commander whisked away in the Carnic Alps, was the mayor of some Emilian town where the Austrian pfennig and the French franc are as yet applicable synonyms for lira.
- Within two years of such a vote, pounds and pence could be going the same way as guilders and pfennigs.
- The announcement sent sterling tumbling in New York trading last night, hitting DM2. 69-nine pfennigs below its former permitted ERM floor against the German mark.
From German Pfennig; related to penny.
For editors and proofreaders
Definition of pfennig in:
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.