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Paisa (also transliterated as pice, pesa, poysha, poisha and baisa) is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India , Nepal , and Pakistan , the paisa currently equals 1 ⁄ 100 of a rupee .
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The official currency was named Taka, later "৳" was designated as the sign or symbol for Taka. The minimum unit of money fixed is one rupee. And a percentage of money is called Paisa. That is, ৳1 is equal to 100 paise. In 1973, 5 paisa, 10 paisa, 25 paisa and 50 paisa started circulation. [2] [3]
From 1957 to 1964, the paisa was called naya paisa (transl. 'new paisa') to distinguish it from the old paisa/pice which was a 1 ⁄ 64 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.
The official currency was named Taka, later "৳" was designated as the symbol of Taka. The minimum unit of money fixed is one taka. And a percentage of money is called Paisa. That is, ৳1 is equal to 100 paisa. In 1973, 5 paisa, 10 paisa, 25 paisa and 50 paisa were introduced. [2] [3]
The official currency was named Taka, later "৳" was designated as the symbol of Taka. The minimum unit of money fixed is one rupee. And a percentage of money is called Paisa. That is, ৳1 is equal to 100 paise. 5 paisa, 10 paisa, 25 paisa and 50 paisa were introduced in 1973. [2] [3]
The official currency was named Taka, later "৳" was designated as the symbol of Taka. The minimum unit of money fixed is one rupee. And a percentage of money is called Paisa. That is, ৳1 is equal to 100 paise. In 1973, 5 paisa, 10 paisa, 25 paisa and 50 paisa were introduced. [3] [4]
The government currency was named taka, later "৳" was designated as the sign or symbol of Taka. The minimum unit of money fixed is one rupee. And a percentage of money is called Paisa. That is, ৳1 is equal to 100 paise. In 1973, 5 paisa, 10 paisa, 25 paisa and 50 paisa started circulation. [1] [2]