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On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Paisa coins were issued as a part of "The Decimal Series". [2] [3] [4] In 2019, new coins were adopted, but the 50 paise coins were not updated as they have ceased to be in common circulation. [citation needed]
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1 rupee (divided into 100 new paise 1957–1964; divided into 100 paisa 1964–present). 1962–present Half rupee 50 paise: 1957–2016 Quarter rupee 25 paise: 1957-2002. Demonetized from 2011. N/A 20 paise: 1968-1994. Demonetized from 2011. 2 annas [11] 10 paise: 1957-1998. Demonetized from 2011. Anna [11] 5 paise: 1957-1994. Demonetized from ...
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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.
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The Indian paisa (plural: paise) is a 1 ⁄ 100 (one-hundredth) subdivision of the Indian rupee.The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee.