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In 1992, a new stainless steel rupee coin, smaller and lighter than the older rupee, was minted, alongside a 5 rupee Cupronickel coin. In 2005, the 10 rupee coin was minted for the first time. Higher denomination coins were introduced due to an increasing demand for change and the increasing cost of printing ₹2, ₹5 and ₹10 banknotes.
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.
As like the other Indian rupee banknotes, the ₹ 100 banknote has its amount written in 17 languages. On the obverse, the denomination is written in English and Hindi . On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India .
In 1904, President Theodore Roosevelt tried to beautify American coins by enlisting the sculptor Augustus Saint-Gaudens to design a $20 gold coin, or double eagle. Today, that coin is considered ...
Ecuador with the 100, 500, and 1000 Sucres coin in 1996: Hungary, with a 100-Forint coin in 1996 and a 200 Forint coin in 2009; Macau with the 100 Patacas in 1997; The United Kingdom of Great Britain and Norther Ireland has issued a bi-metallic £2 coin since 1997, and a bi-metallic £1 coin since March 2017; El Salvador with the 5 Colones in 1997
The Indian One Naya paisa (Hindi: एक नया पैसा) was a unit of currency equaling 1 ⁄ 100 (one-hundredth) of the Indian rupee. The symbol for paisa is p. In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957.
With an estimated annual production capacity of 2,000 million coins, the new mint was established to cater to the increasing demand for coins in India. In January 1986 the project was started by the Department of Economic Affairs under the Ministry of Finance with a budget of ₹ 30 crore (equivalent to ₹ 408 crore or US$48 million in 2023).
Two paise coins were minted from Cupronickel alloy in medallic orientation. The coins weighed 2.95 grams, had a diameter of 18 millimetres (0.71 in) and thickness of 1.8 millimetres (0.071 in). The coins weighed 2.95 grams, had a diameter of 18 millimetres (0.71 in) and thickness of 1.8 millimetres (0.071 in).