On September 4, 2014, 20 pence was worth about 33 cents in U.S. money. At the moment, the rate of exchange between the British pound and the U.S. dollar is 1.63. Every day, the exchange rate changes.
A pence is the smallest amount of money that can be spent in the United Kingdom right now. A pound is the most common amount of money in Great Britain. On September 4, 2014, one British pound was worth $1.64 in U.S. dollars. One British pound is made up of 100 pence. In British money, there is a coin worth 20 pence that is silver in colour.