noun
- A former monetary unit of Finland, equal to one hundredth of a markka.
Usage: historical; Finnish currency; replaced by the euro in 2002
Examples
- Before Finland adopted the euro, the penni was the smallest unit of Finnish currency.
- Collectors sometimes seek out old penni coins from the early 20th century.
- The exchange rate between the penni and other currencies fluctuated over decades.
- Finnish children learned to count money using penni, markka, and larger denominations.