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Penny as a masculine name represents an interesting naming trend, as it's more commonly recognized as a feminine nickname for Penelope. For boys, Penny likely functions as a nickname derived from names like Spencer, Pendleton, or Penn. It may also have originated as a surname before transitioning to given name usage, following a common naming pattern. The masculine usage remains quite rare in most naming statistics. The name carries associations with currency (the coin) and derives ultimately from the Old English 'penig' and earlier Latin 'pendo' meaning 'to pay'. For parents choosing Penny as a boy's name, it often reflects a desire for a friendly, approachable name with a touch of uniqueness and vintage charm.

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The name Penny peaked for boys at #1580 in 1962. Penny is also used for girls, ranking #747 in 2024.

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The name Penny is a girl's name of English, Greek origin meaning "weaver".

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Like Peggy and Patsy, Penny is a peppy vintage nickname that fell out of favor (and the Top 1000) for a while, but has recently rebounded by reentering the charts in 2013. Expect it to continue gaining traction on the heels of Penelope.
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A Top 200 choice in England and Wales, Penny could be considered a word name, as in the copper coin used in England and the US, and as a musical choice, thanks to The Beatles song, <em>Penny Lane</em>.

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The name Penny is currently ranked #747 in U.S. births. and peaked for girls at #86 in 1963. The name is most popular in PENNY, PENNY, and PENNY. Penny is occasionally used for boys in 1974.

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