Definition, Meaning & Synonyms

pfennig

noun

/ˈfɛ.nɪɡ/

Definition

A former monetary unit of Germany, now obsolete, once used as a subdivision of the mark.

Examples

After the reunification of Germany, many people exchanged their pfennigs for euros.
When traveling through Germany, you might come across old coins marked with pfennig.
The store used to offer discounts of a few pfennigs on certain items.

Meaning

The pfennig was the equivalent of one hundredth of a Deutsche Mark, serving as a small denomination of currency in Germany before the adoption of the euro.