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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 .
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.
A Paisa is someone from a region in the northwest of Colombia, including part of the West and Central cordilleras of the Andes in Colombia. [1] The Paisa region is formed by the departments of Antioquia, Caldas, Risaralda and Quindío. Some regions of Valle del Cauca Department (north) and Tolima Department (west) culturally identify as paisas.
1 ⁄ 2 paisa In 1957, the rupee was decimalised and divided into 100 naye paise (Hindi for "new paise"); in 1964, the initial naye was dropped. Many still refer to 25- , 50- and 75-paise coins as 4, 8, and 12 annas , respectively; compare the expression "two bits " in colloquial American English for a quarter-dollar coin.
Paisa is a monetary unit name used in South Asia. Paisa may also refer to: Indian paisa, Indian monetary unit; A person from the Paisa Region of Colombia; An inmate of one of the prisons in Honduras who did not belong to a street gang; Paisa, an Indian Telugu-language film; Paisa, an Indian Tamil-language film
Two paisa was also called a taka, see below. Decimalisation occurred in India in 1957 and in Pakistan in 1961. Since 1957 an Indian rupee is divided into 100 paise. The decimalised paisa was originally officially named naya paisa meaning the "new paisa" to distinguish it from the erstwhile paisa which had a higher value of 1 ⁄ 64 rupee.
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In 1955, 4 Paisa coins were minted, made from rifle cartridge cases from World War II that were used by the Gurkha soldiers who fought against the Imperial Japanese in the Pacific. The coins were produced by removing the primer from the cases and the cases were then converted into the 4 Paisa coins to commemorate the Gurkha's courage and ...