Indian paisa

 ( Coins Of India ) 

The Indian paisa (plural: paise)() is a (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee.

In 1955, the Government of India first amended the Indian Coinage Act and adopted the "metric system for ". From 1957 to 1964, the paisa was called naya paisa () to distinguish it from the old paisa/pice which was a subdivision of the Indian Rupee. On 1 June 1964, the term "naya" was dropped and the denomination was named paisa. Paisa has been issued in 1, 2, 3, 5, 10, 20, 25, and 50 paise coins. Though as of 2023, coins of the denomination of 1 rupee are the lowest value in use.

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History Prior to 1957, Indian rupee was not Decimalisation and the rupee from 1835 to 1957 was further divided into 16 Indian anna. Each anna was further divided to four and each pice into three till 1947 when the pie was demonetised.

Naya paisa series

Except 50 paise, rest all paise, anna, pice and pies coins demonetised.

Anna and pice demonetised in 1957.

Pies demonetised in 1947.

One Indian rupee = 100 paise = 16 anna = 64 pice = 192 pies.

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Coins

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Naya paisa series (19571964)

Demonetised.

Demonetised.

Darkcoo_666_@

700

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Paisa series (19642002)

Demonetised.

Demonetised.

Demonetised.

Demonetised.

Demonetised.

Demonetised.

Demonetised.

Demonetised.

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Mint mark

• No mintmark = Kolkata
• ⧫ = Mumbai mint
• B = Mumbai Proof issues
• * = Hyderabad
• ° = Noida

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Symbol for Paisa A symbol for the paisa ⟨⟩ was designed using the same concept as the symbol for rupee. However, the proposed symbol never appeared on any coin, as the Reserve Bank of India had stopped minting any paisa coins before this proposal.

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See also

• Paisa
• History of the rupee

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External links

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