Paisa
Template:Short description Script error: No such module "about". 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 <templatestyles src="Fraction/styles.css" />1⁄100 of a rupee. In Bangladesh, the paisa equals <templatestyles src="Fraction/styles.css" />1⁄100 of a Bangladeshi taka. In Oman, the baisa equals <templatestyles src="Fraction/styles.css" />1⁄1000 of an Omani rial.
Etymology
The word paisa is from the Sanskrit term padāṁśa (Script error: No such module "Lang"., basic unit), meaning 'quarter part base', from pada (Script error: No such module "Lang".) "foot or quarter or base" and aṁśa (Script error: No such module "Lang".) "part or unit".[1][2] The pesa was also in use in colonial Kenya. The colloquial term for money in Burmese, paiksan (Script error: No such module "Lang".), is derived from the Hindi term paisa (Script error: No such module "Lang".).[3]
History
Chaulukya coins were often called "Gadhaiya Paise" (9th–10th century CE).[4] Until the 1950s in India and Pakistan (and before 1947 in British India), the paisa (back then spelled as pice in English) was equivalent to 3 pies, <templatestyles src="Fraction/styles.css" />1⁄4 of an anna, or <templatestyles src="Fraction/styles.css" />1⁄64 of a rupee. After the transition from a non-decimal currency to a decimal currency, the paisa equaled <templatestyles src="Fraction/styles.css" />1⁄100 of a rupee and was known as a naya paisa ("new paisa") for a few years to distinguish it from the old paisa(pice) that was <templatestyles src="Fraction/styles.css" />1⁄64 of a rupee.
Terminology
In Punjabi, Hindi, Bengali, Afghan Persian, Urdu, Nepali and other languages, the word paisa often means money or cash. Medieval trade routes that spanned the Arabian Sea between India, the Arab regions and East Africa spread the usage of Indian subcontinent and Arabic currency terms across these areas.[5] The word pesa as a reference to money in East African languages such as Swahili dates from that period.[5] An example of this usage is the older day Kenyan mobile-phone-based money transfer service M-Pesa (which stands for "mobile pesa" or "mobile money").
Usage
- Paisa = <templatestyles src="Fraction/styles.css" />1⁄100 of a Bangladeshi taka (no longer in circulation)
- Paisa = <templatestyles src="Fraction/styles.css" />1⁄100 of an Indian rupee (only 50 paisa coins are de facto valid but no longer in circulation)
- Paisa = <templatestyles src="Fraction/styles.css" />1⁄100 of a Nepalese rupee (no longer in circulation)
- Baisa = <templatestyles src="Fraction/styles.css" />1⁄1000 of an Omani rial
- Paisa = <templatestyles src="Fraction/styles.css" />1⁄100 of a Pakistani rupee (Officially demonetized from 1 October 2014)[6]
Gallery
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100 Omani Baisa note (reverse)
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100 Omani Baisa note (1995)
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50 Bangladeshi Paisa (2001)
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50 Bangladeshi Paisa (2001, reverse)
See also
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References
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External links
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