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{{About|the unit of currency in general|other uses|Paisa (disambiguation)}} | {{About|the unit of currency in general|other uses|Paisa (disambiguation)}} | ||
The '''paisa''' ( | The '''paisa''' (also transliterated as '''pice''', '''pesa''', '''poysha''', 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 {{frac|1|100}} of a [[rupee]]. In [[Bangladesh]], the ''poysha'' equals {{frac|1|100}} of a [[Bangladeshi taka]]. In Oman, the ''baisa'' equals {{frac|1|1000}} of an [[Omani rial]]. | ||
==Etymology== | ==Etymology== | ||
The word ''paisa'' is from the [[Sanskrit]] term ''padāṁśa ( basic unit) | The word ''paisa'' is from the [[Sanskrit]] term ''padāṁśa'' ({{lang|sa|पदांश}}, basic unit), meaning 'quarter part base', from ''pada'' ({{lang|sa|पद}}) "foot or quarter or base" and ''aṁśa'' ({{lang|sa|अंश}}) "part or unit".<ref>{{Cite encyclopedia |url=http://www.merriam-webster.com/dictionary/paisa |title=paisa |encyclopedia=Free Merriam-Webster Dictionary |publisher=Merriam-Webster |access-date=3 February 2015}}</ref><ref>{{Cite web |url=http://spokensanskrit.de/index.php?script=HK&beginning=0+&tinput=pada&trans=Translate&direction=AU |title=pada |publisher=spokensanskrit.de (version 4.2) |access-date=3 February 2015}}</ref> The pesa was also in use in colonial [[Kenya]]. The colloquial term for money in [[Burmese language|Burmese]], ''paiksan'' ({{my|ပိုက်ဆံ}}), is derived from the Hindi term ''paisa'' ({{lang|hi|पैसा}}).<ref>{{cite book|title=Myanmar-English Dictionary|year=1996|publisher=Myanmar Language Commission|isbn=1-881265-47-1}}</ref> | ||
[[File:INDO-SASANIAN. Chaulukyas. 9th-10th century. Lot of sixty-eight AR Gadhaiya Paise.jpg|thumb|Chaulukyas. 9th-10th century. Lot of sixty-eight AR 'Gadhaiya Paise']] | [[File:INDO-SASANIAN. Chaulukyas. 9th-10th century. Lot of sixty-eight AR Gadhaiya Paise.jpg|thumb|Chaulukyas. 9th-10th century. Lot of sixty-eight AR 'Gadhaiya Paise']] | ||
==History== | ==History== | ||
[[Chaulukya dynasty|Chaulukya]] coins were often called "Gadhaiya Paise" (9th-10th century | [[Chaulukya dynasty|Chaulukya]] coins were often called "Gadhaiya Paise" (9th-10th century CE).<ref name="HPR">{{cite book|last1=Ray|first1=Himanshu Prabha|url=https://books.google.com/books?id=qkyfDwAAQBAJ&pg=PT162|title=Negotiating Cultural Identity: Landscapes in Early Medieval South Asian History|date=2019|publisher=Taylor & Francis|isbn=9781000227932|pages=161–163|language=en}}</ref> Until the 1950s in India and Pakistan (and before 1947 in [[British India]]), the paisa was equivalent to 3 [[Pie (Indian coin)|pies]], {{frac|1|4}} of an [[Indian anna|anna]], or {{frac|1|64}} of a rupee. After the transition from a [[non-decimal currency]] to a [[decimal currency]], the paisa equaled {{frac|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 that was {{frac|1|64}} of a rupee. | ||
==Terminology== | ==Terminology== | ||
| Line 17: | Line 17: | ||
==Usage== | ==Usage== | ||
* Poysha = {{frac|1|100}} of a [[Bangladeshi taka]] (no longer in circulation) | * Poysha = {{frac|1|100}} of a [[Bangladeshi taka]] (no longer in circulation) | ||
* [[Indian paisa|Paisa]] = {{frac|1|100}} of an [[Indian rupee]] | * [[Indian paisa|Paisa]] = {{frac|1|100}} of an [[Indian rupee]] | ||
* Paisa = {{frac|1|100}} of a [[Nepalese rupee]] | * Paisa = {{frac|1|100}} of a [[Nepalese rupee]] | ||
* Baisa = {{frac|1|1000}} of an [[Omani rial]] | * Baisa = {{frac|1|1000}} of an [[Omani rial]] | ||
Revision as of 17:49, 7 June 2022
The paisa (also transliterated as pice, pesa, poysha, 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 1⁄100 of a rupee. In Bangladesh, the poysha equals 1⁄100 of a Bangladeshi taka. In Oman, the baisa equals 1⁄1000 of an Omani rial.
Etymology
The word paisa is from the Sanskrit term padāṁśa (पदांश, basic unit), meaning 'quarter part base', from pada (पद) "foot or quarter or base" and aṁśa (अंश) "part or unit".[1][2] The pesa was also in use in colonial Kenya. The colloquial term for money in Burmese, paiksan (ပိုက်ဆံ), is derived from the Hindi term paisa (पैसा).[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 was equivalent to 3 pies, 1⁄4 of an anna, or 1⁄64 of a rupee. After the transition from a non-decimal currency to a decimal currency, the paisa equaled 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 that was 1⁄64 of a rupee.
Terminology
In 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
- Poysha = 1⁄100 of a Bangladeshi taka (no longer in circulation)
- Paisa = 1⁄100 of an Indian rupee
- Paisa = 1⁄100 of a Nepalese rupee
- Baisa = 1⁄1000 of an Omani rial
- Paisa = 1⁄100 of a Pakistani rupee (Officially demonetized from 1 October 2014)[6]
Gallery
-
100 Omani Baisa note (reverse) -
100 Omani Baisa note (1995) -
5 Pakistani Paisa (1989)
-
50 Bangladeshi Poysha (2001) -
50 Bangladeshi Poysha (2001, reverse)
See also
References
- ↑ "paisa". Free Merriam-Webster Dictionary. Merriam-Webster. Retrieved 3 February 2015.
- ↑ "pada". spokensanskrit.de (version 4.2). Retrieved 3 February 2015.
- ↑ Myanmar-English Dictionary. Myanmar Language Commission. 1996. ISBN 1-881265-47-1.
- ↑ Ray, Himanshu Prabha (2019). Negotiating Cultural Identity: Landscapes in Early Medieval South Asian History. Taylor & Francis. pp. 161–163. ISBN 9781000227932.
- ↑ 5.0 5.1 Jeffreys, M. D. W. (1953). "Cowry: Ndoro". NADA: The Southern Rhodesia Native Affairs Department Annual (30). Government of Southern Rhodesia. Retrieved 3 February 2015.
...currency terms pesa, upeni, mali, khete, tickey all derive from Hindu or Arabic currency terms still in use in what was once called the Erythraean Sea
- ↑ "State Bank of Pakistan".
External links
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