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Indian rupee coin (1862) Obverse: Crowned bust surrounded by inscription Victoria Queen. Reverse: Face value, country and date surrounded by wreath. Coin minted in 1862 and made of 91.7% silver. Royal title changed to Victoria Empress in 1877 (1884 coin shown here) Coinage under British governance of the Indian subcontinent can be divided into ...
The Indian paisa (plural: paise) is a ⁄100 (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. [1] In 1955, the Government of India first amended the Indian Coinage Act and adopted the " metric system for coinage ". From 1957 to 1964, the paisa was called ...
1,681,276,200 coins minted from 1912 to 1936. An anna (or ānna) was a currency unit formerly used in British India, equal to of a rupee. [1] It was subdivided into four pices or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise.
These included ₹1/2, ₹1/4, 2 anna, 1 anna, 1/2 anna & 1 pice coins, and are referred to as the anna series or pre-decimal coinage. Under the anna series, one rupee was divided into 16 annas or 64 pice, with each anna equal to 4 pice. In 1957, India shifted to the decimal system, though for a short period of time, both decimal and non ...
1 Indian rupee (1918) featuring King George V. Uniform coinage was introduced in India by the British in 1835, with coins in the name of the East India Company, bearing the image of William IIII. In 1840, these were replaced by coins with an image of Queen Victoria, but the design otherwise remained the same.
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [14] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
Introduction and Demonetization. The 25 Paisa coin was introduced in 1957. Prior to this, the 25 paise coin was known as the " 1⁄4 rupee", which was equivalent to 4 annas (1 rupee = 16 annas). On June 30, 2011, the 25 paisa and all lower denomination coins were officially demonetised.
The Indian One Paisa coin (Hindi: पैसा) is a former denomination of the Indian Rupee. The 1 coin equals 1 ⁄ 100 (one-hundredth) of the Indian Rupee. The symbol for paisa is (). In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957.