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 Page Template:Fraction/styles.css has no content.1⁄100 of a rupee. In Bangladesh, the paisa equals Page Template:Fraction/styles.css has no content.1⁄100 of a Bangladeshi taka. In Oman, the baisa equals Page Template:Fraction/styles.css has no content.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, Page Template:Fraction/styles.css has no content.1⁄4 of an anna, or Page Template:Fraction/styles.css has no content.1⁄64 of a rupee. After the transition from a non-decimal currency to a decimal currency, the paisa equaled Page Template:Fraction/styles.css has no content.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 Page Template:Fraction/styles.css has no content.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 = Page Template:Fraction/styles.css has no content.1⁄100 of a Bangladeshi taka (no longer in circulation)
- Paisa = Page Template:Fraction/styles.css has no content.1⁄100 of an Indian rupee (only 50 paisa coins are de facto valid but no longer in circulation)
- Paisa = Page Template:Fraction/styles.css has no content.1⁄100 of a Nepalese rupee (no longer in circulation)
- Baisa = Page Template:Fraction/styles.css has no content.1⁄1000 of an Omani rial
- Paisa = Page Template:Fraction/styles.css has no content.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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- ^ Page Module:Citation/CS1/styles.css has no content."paisa". Free Merriam-Webster Dictionary. Merriam-Webster. Retrieved 3 February 2015.
- ^ Page Module:Citation/CS1/styles.css has no content."pada". spokensanskrit.de (version 4.2). Retrieved 3 February 2015.
- ^ Page Module:Citation/CS1/styles.css has no content.Myanmar-English Dictionary. Myanmar Language Commission. 1996. ISBN 1-881265-47-1.
- ^ Page Module:Citation/CS1/styles.css has no content.Ray, Himanshu Prabha (2019). Negotiating Cultural Identity: Landscapes in Early Medieval South Asian History. Taylor & Francis. pp. 161–163. ISBN 9781000227932.
- ^ a b Page Module:Citation/CS1/styles.css has no content.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
- ^ Page Module:Citation/CS1/styles.css has no content."State Bank of Pakistan".
External links
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