denarion

δηνάρια, [8 verses]( noun pl neut acc) "Penny" is from denarion, which was the principle silver coin of the Roman Empire in NT times. -- "Penny is from the Greek word for a denarius, which was a coin of silver, which had the purchasing power of about $70-$80 today (though comparisons are obviously not very meaningful). It was the standard wage for a day's labor by a general laborer, which for most of human history was an agricultural worker. To offer and agree to work for this wage would be considered the expected practice for hundreds of years around the birth of Christ in the Roman Empire.