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Face value and year. The Indian five paise ( Hindi : पाँच पैसे ) (singular: Paisa ), is former denomination of the Indian Rupee . The 5 coin equals 1 ⁄ 20 of the Indian Rupee.
In 1877, Victoria was declared the Empress of India - and her title on Indian coins changed as a result. This last design continued till 1938, with only the image of the ruler changing. Over this entire period, the weight of the Indian rupee and its purity remained constant at 11.66 grams and 91.7% respectively. [79]
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
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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 .
November's consumer price index report, released on Wednesday, showed consumer prices rising 0.3% in November, following four consecutive months of 0.2% increases, with the yearly rate climbing to ...