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The Mite is an Ankh-Morpork coin based on an old British coin of the same name. Its value is 1/8 of a penny; two mites make a farthing and two elims make a mite in Ankh-Morpork. In Roundworld, Tudor times, mites weren't minted but were used in accounting; one mite was one twenty-fourth of a penny or one sixth of a farthing. In older times, a mite could be worth half a farthing or ​18d; or about one-third of a farthing or about ​112d.

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