Meaning and origin
Penny is an English short form of Penelope, with an additional connection to the familiar coin word. It can therefore have either a classical name history or a direct English vocabulary association, depending on how it is chosen.
Penelope probably comes from Greek penelops, a kind of duck. Another interpretation connects it with Greek words for “threads” or “weft” and “face” or “eye.” The older name is best known from Homer’s Odyssey, where Penelope is the wife of Odysseus.
The coin word has a separate English history, coming from Old English penning. Penny as a given name can refer directly to that word. Its two routes bring together a long classical name and a short everyday English noun in the same approachable spelling.
The Penelope connection
In the Odyssey, Penelope remains at home while Odysseus is away and must deal with the suitors seeking to marry her. Her story gives the longer name a prominent literary background that Penny shares when it is used as its familiar form.
Penelope has appeared as an English given name since the sixteenth century. Penny compresses its four-syllable English rhythm into two syllables, making a substantially shorter form while retaining the opening Pen- sound.
French Pénélope, Greek Pinelopi, and Spanish and Portuguese Penélope belong to the wider family. Pen and Pene are other English short forms, although Penny has a particularly substantial history as an independent given name in American records.
Pronunciation
Penny is pronounced PEN-ee, with the stress on the first syllable. Its double n is part of the spelling rather than an extra spoken syllable. The clear pen sound and final ee give it a compact rhythm that is easy to hear in both the name and the coin word.
Penny Marshall and film
Director Penny Marshall gives the name an important connection with American cinema. Her film Big, released in 1988 and starring Tom Hanks, became a major commercial success. Marshall became the first woman to direct a film that grossed more than $100 million at the box office.
She later directed A League of Their Own, released in 1992. The film brought the history of the All-American Girls Professional Baseball League into a story centered on women’s sporting lives. Marshall became interested in the subject after seeing a television documentary about the league.
These films give Penny a cultural connection that reaches beyond its nickname origins, placing it in the credits of two widely remembered American movies.
Popularity in the United States
Penny’s strongest American year for girls was 1963, with 5,129 births and a rank of number 86. Its popularity at that time helped establish it as a familiar full name.
It ranked number 759 in 2015 and number 740 in 2025, remaining in use well after its mid-century peak.
Sources & methodologyReferences, data & attribution
Meaning and history draw on the references below. American popularity figures use published Social Security Administration records for this exact spelling; counts below five for a name, sex, and year are omitted.
- Wiktionary: Penny (English)
- Wiktionary: Penelope
- U.S. Social Security Administration: national name data and limitations
- Wikidata: Penny Marshall
- Wikidata: Penny Mordaunt
- Wikidata: Penny Hardaway
- Wikidata: Penny Johnson Jerald
- Wikidata: Penny Oleksiak
- Wikidata: Penny Pritzker
- Wikidata: Penny Wong
- AFI: Big
- AFI: A League of Their Own
Wiktionary material is available under CC BY-SA 4.0.
How popular is Penny?
In 2025, Penny ranked #740 among girls in the United States, with 368 recorded uses. The U.S. birth records first list this spelling for girls in 1882; its largest annual count was 5,129 in 1963. Rankings count each spelling separately. They describe national use, so local familiarity can differ. The popularity chart shows whether the name has remained common, returned after a quieter period, or risen recently.