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Paisa (also transliterated as pice, pesa, poysha, poisha and baisa) is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the paisa currently equals 100 of a rupee. In Bangladesh, the poysha equals 100 of a Bangladeshi taka. In Oman, the baisa equals 1000 of an Omani ...
Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa. Plural: Naye paise). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa" (or paise for denomination greater than one). Paisa coins were issued as a part of "The Decimal Series".
The denominations in circulation were 1, 2, 3, 5, 10, 20, 25, 50 (naya) paisa and one rupee. Since rupees retained their pre-decimal value, pre-decimal coins of one, half and quarter rupees remained in circulation after decimalisation. With effect from 30 September 1968, all anna coins and British Indian (pre-decimalisation) rupee coins minted ...
Five paisa, the Bangladeshi five paisa coin, was first minted in aluminum in 1973. The obverse depicts a plow with the inscriptions "Bangladesh" written above and "Five Paisa" written below. [1] The coin weighs 1.4 grams, has a diameter of 22 millimeters, and a thickness of 1.93 millimeters. The edges of the coin are smooth, and the shape is ...
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Two naye 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). Scalloped with eight notches, the coins had smooth edge. [1]
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Malla Dynasty (c. CE 1540–1768) A new coinage system developed in Nepal, especially in the Kathmandu valley and surrounding hills during the Malla (Nepal) of Nepal. These coins were struck by the sons of Yakshya Malla (c. CE 1482) in separate kingdoms of Kathmandu, Bhadgaon, Patan and by Kings of Dolakha and Gorkha.