Meaning Derived from the name Penelope, which means 'weaver' and was the name of the wife of Odysseus in The Odyssey. Origin of Penny Greek +-100%Zoom level changed to 1 Popular Middle Names Rose, Grace, June, Kate, Angela, Ann, Arya, Louise, Lucille, Mae Pronunciation 🔊 Listen Penny Pen-ee Similar Names Pen Vanellope Penelope Pelicia Pela Anticlea Eulycleia Moly Nausicaa Odessa Year by Year Popularity of Penny