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Pice


The paisa (Nepali/Hindi: पैसा, Urdu: پیسہ‎), poisha (Bengali: পয়সা) or baisa (Omani: بيسة) is a monetary unit in several countries. In India, Nepal and Pakistan, the paisa currently equals 1100 of a rupee. In Bangladesh, the poisha equals 1100 of a Bangladeshi taka. In Oman, the baisa equals 11000 of an Omani rial.

The word paisa is from the Sanskrit term padāṁśa, meaning 'quarter part', from pada "foot or quarter" and aṁśa "part". Another explanation is that the word derives from Portuguese ´pesa´ from which peso and diminutive peseta are derived. The pesa was also in use in colonial Kenya. The colloquial term for money in Burmese, paiksan (ပိုက်ဆံ), derives from the Hindi term paisa.

Until the 1950s in India and Pakistan (and before 1947 in British India), the paisa was equivalent to 3 pies, 14 of an anna, or 164 of a rupee. After the transition from a non-decimal currency to a decimal currency, the paisa equaled 1100 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 164 of a rupee.


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