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The Indian 50 paisa coin, popularly called Athanni, is a denomination of the Indian rupee, equal to half a rupee, that is very rarely found in everyday circulation. Currently it is the lowest circulating denomination of the Indian rupee.
From 1982, New series was launched. the 20 paisa coin which was last minted in 1971, was reintroduced again, but in Aluminium. The size and the design of 10 paisa, 50 paisa and 1 rupee was changed, though they continued to be minted in the same metal. Coins of 3p, 2p and 1p were discontinued but continued to be the legal tender.
This change commenced with the introduction of the new hexagonal 3 paise coin. A twenty paise coin was introduced in 1968 but did not gain much popularity. Over a period, cost-benefit considerations led to the gradual discontinuance of 1, 2 and 3 paise coins in the 1970s. Stainless steel coinage of 10, 25 and 50 paise, was introduced in 1988 ...
The demonetisation of the 25-paise coin and all paise coins below it took place, and a new series of coins (50 paise – nicknamed athanni – one, two, five, and ten rupees with the new rupee sign) were put into circulation in 2011. In 2016 the 50 paise coin was last minted. Coins commonly in circulation are one, two, five, ten, and twenty rupees.
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.
In India slang names for coins are more common than for the currency notes. For 5 paisa (100 paisa is equal to 1 Indian rupee) it is panji. A 10 paisa coin is called dassi and for 20 paisa it is bissi. A 25 paisa coin is called chavanni (equal to 4 annas) and 50 paisa is athanni (8 annas). However, in recent years, due to inflation, the use of ...
The copper coinage of Tribhuvan consisted of 1 paisa, with 2 and 5 paisa added in 1919. Silver coins were issued for 1 dam, 1 ⁄ 4, 1 ⁄ 2, 1, 2 and 4 mohar, with gold 1 dam, 1 ⁄ 32, 1 ⁄ 16, 1 ⁄ 8 and 1 mohar. The gold coinage continued to be issued after the introduction of the rupee until 1950.
10- and 20-filler coins were exchangeable until 31 December 1997. 50-filler coins were exchangeable until 30 September 2000. 1- and 2-forint coins were exchangeable for five years from the date of withdrawal. [12] Iceland: 5 aurar 10 and 50 aurar: 1985 1990: 1 October 2003 1 October 2003: No India: 1 paisa 2 paise 3 paise 5 paise 10 paise 20 ...