I mean, I don't think most current British citizens understand that nomenclature. It's just not in use anymore. Now it's pounds and pence which work very much

I mean, I don't think most current British citizens understand that nomenclature. It's just not in use anymore. Now it's pounds and pence which work very much like dollars and cents. 100 pennies to the pound. The biggest difference now is probably that Americans have cents, nickels, dimes, and quarters, where the British have pennies, two-pennies / two p (sometimes, but rarely these days, called tuppence), five p, ten p, twenty p, and fifty p. To me that's easier to keep track of than remembering which one's the nickel and which is the dime.