Paisà
Encyclopedia : P : PA : PAI : Paisà
This article is about Paisa, the coin used in Bangladesh, India, Nepal and Pakistan. For other uses, see Paisa (disambiguation).
A Paisa (pl. Paise) is a monetary unit currently equivalent to 1 / 100th of a Rupee or Bangladeshi Taka and is used in several countries, including Bangladesh, India, Nepal, and Pakistan. Variant spellings include Poisha (especially in Bangladesh), and Pice, (during British rule).
Until the 1950s in India and Pakistan (and before that in British India), the Paisa was equivalent to 3 Pies, 1 / 4th of an Anna, or 1 / 64 of a Rupee. After the transition from a non-decimal currency to a decimal currency, the Paisa was known as a Naya Paisa ("New Paisa") for a few years.
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.