The Indian One Naya paisa (Hindi: एक नया पैसा) was a unit of currency equaling 1⁄100 (one-hundredth) of the Indian rupee. The symbol for paisa is p. In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957. From 1957 to 1964, one paisa coin was called "Naya Paisa" (Hindi: नया पैसा) (English: New Paisa) and on 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Naya paisa coin has been demonetized and is no longer a Legal tender.
Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided into four Indian paisas and each paisa into two Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Naya paisa coins were issued as a part of "The Decimal Series".[1][2] Naya paisa coin was withdrawn from circulation and demonetized on 30 June 2011.[3]
^"1961 Naya paisa". Numista. Retrieved 30 November 2016.
^"Nickel-brass Naya paisa". Numista. Retrieved 30 November 2016.
October 20, 2023
naya, paisa, indian, coin, confused, with, paisa, indian, coin, indian, naya, paisa, hindi, एक, नय, unit, currency, equaling, hundredth, indian, rupee, symbol, paisa, 1955, india, adopted, metric, system, coinage, amended, indian, coinage, subsequently, paisa,. Not to be confused with 1 paisa Indian coin The Indian One Naya paisa Hindi एक नय प स was a unit of currency equaling 1 100 one hundredth of the Indian rupee The symbol for paisa is p In 1955 India adopted metric system for coinage and amended the Indian Coinage Act Subsequently one paisa coins were introduced on 1 April 1957 From 1957 to 1964 one paisa coin was called Naya Paisa Hindi नय प स English New Paisa and on 1 June 1964 the term Naya was dropped and the denomination was simply called One paisa Naya paisa coin has been demonetized and is no longer a Legal tender One Naya Paisaएक नय प स IndiaValue1 100 Indian rupeeMass1 5 g 0 048 troy oz Diameter16 mm 0 063 in Thickness1 0 mm 0 04 in EdgeSmoothCompositionBronze 1957 1962 Nickel brass 1962 1963 Years of minting1957 1957 1963 1963 Mintage2 947 906 000Mint marksMumbai Mumbai Proof issues BHyderabad Noida Kolkata No mint markCirculationDemonetizedCatalog numberKM 8 amp KM 8aObverseReverse Contents 1 History 2 Variants 3 See also 4 ReferencesHistory EditPrior to 1957 Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas Each anna was further divided into four Indian paisas and each paisa into two Indian pies till 1947 when the pie was demonetized In 1955 India amended the Indian Coinage Act to adopt the metric system for coinage Paisa coins were introduced in 1957 but from 1957 to 1964 the coin was called Naya Paisa English New Paisa On 1 June 1964 the term Naya was dropped and the denomination was simply called One paisa Naya paisa coins were issued as a part of The Decimal Series 1 2 Naya paisa coin was withdrawn from circulation and demonetized on 30 June 2011 3 Variants EditVariants 1957 1963 Image Value Technical parameters Description Year of minting MonetarystatusObverse Reverse Weight Diameter Thickness Metal Edge Obverse Reverse First Last nbsp nbsp 1 NayaPaisa 1 5 g 16 mm 1 0 mm Bronze Plain State Emblem of India amp countryname in Hindi and English Face value and year 1957 1962 Demonetized 4 1 51 g 16 mm 1 1 mm Nickel brass Smooth 1962 1963 Demonetized 5 Portals nbsp India nbsp Money nbsp NumismaticsSee also EditIndian paisaReferences Edit Republic India Coinage Reserve Bank of India Retrieved 30 November 2016 1 paisa coin India Numismatics Retrieved 30 November 2016 Currency Matters Reserve Bank of India Retrieved 30 November 2016 1961 Naya paisa Numista Retrieved 30 November 2016 Nickel brass Naya paisa Numista Retrieved 30 November 2016 Retrieved from https en wikipedia org w index php title 1 naya paisa Indian coin amp oldid 1176646062, wikipedia, wiki, book, books, library,
