British monetary unit. Similar to China's "points". From 197 1,1=100p)

Because: 1 = 100p.

1 = 10.2470 RMB.

So:1p =10.2470 ÷100 = 0.102470 RMB (quoted on March 24th, 20 14).

Penny is a small silver coin in the Middle Ages, and its name is as well known as Dinar and Degener.