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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".
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 Pakistani rupee also bore the word taka on official notes and coins. Bangla was one of the two national languages of the Pakistan union between 1956 and 1971 (the other being Urdu). The Bangladeshi taka came into existence since 1972, a year after the independence of the eastern wing of the union, as the independent nation of Bangladesh .
Until Bangladesh Liberation War in 1971, the Pakistani Rupee was the Currency of the country. Bangladeshi currency was first issued on March 4, 1972 after the Independence of Bangladesh. [2] The official currency was named Taka, later "৳" was designated as the symbol of Taka. The minimum unit of money fixed is one taka.
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 .
[1] [5] The first rupee (Urdu: رپيا; rupayā), minted by Sher Shah Suri (1540–45), had a mass of 178 troy grains, or about 1% less than the British tola. [6] The British East India Company issued a silver rupee coin of 180 troy grains, and this became the practical standard mass for the tola well into the 20th century. [7] A set of tolas
So one rupee was equal to 64 pice (paisa) and 192 pies as 1 Pice was equal to 3 pies. In 1957, decimalisation occurred and the rupee was divided into 100 naye paise (Hindi/Urdu for new paisas ). After a few years, the initial "naye" was dropped.
The Indian 1-rupee coin (₹1) is an Indian coin worth one Indian rupee and is made up of a hundred paisas. Currently, one rupee coin is the smallest Indian coin in circulation. Since 1992, one Indian rupee coins are minted from stainless steel. Round in shape, the one rupee coins weighs 3.76 grams (58.0 grains), has a diameter of 21.93 ...