Hello Vrushalikotkar, About thirty 33 years ago the UK switched from their old currency system to a new metric one. In the old system they had twelve pennies in each shilling, and twenty shillings in each pound, so each pound in the old system had 240 pennies. They were large pennies too.
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.