The Nepalese rupee (Nepali: रुपैयँ; symbol: रु; code: NPR) is the official currency of the Federal Democratic Republic of Nepal(Formally). The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932 when it replaced the Nepalese mohar at the rate 2:1.[citation needed]
Rupia Paisa
The Pakistani rupee was put into circulation in Pakistan after the dissolution of the British Raj in 1947. Initially, Pakistan used British Indian coins and notes simply over-stamped with "Pakistan". New coins and banknotes were issued in 1948. Like the Indian rupee, it was originally divided into 16 annas, each of 4 pice or 12 pie. The currency was decimalised on 1 January 1961, with the rupee subdivided into 100 pice, renamed (in English) paise (singular paisa) later the same year. However, coins denominated in paise have not been issued since 1994.
Paisa (in urdu پیسہ ; plurale paise) è una moneta di valore pari ad 1/100 di rupia o di taka bengalese ed è usato in molti paesi tra cui Bangladesh, India, Nepal e Pakistan.
It was in the late 1950s that we changed over from miles, furlongs, yards, feet and inches to kilometres, metres and centimetres. Similarly, our coins also transformed themselves from annas and pice or paisa to naya paisa.
Similarly, the complication extended to financial matters, too. A rupee had 16 annas, each anna had 4 pice or paisa and each pice had 3 pies. Thus, a rupee had 16 annas or 64 paisa or 192 pies. In addition to all these complicated numbers, we had to learn tables up to 16, so that the conversion of annas into rupees was possible.
The conversion of 16 annas into 100 naya paisa presented its own difficulty because 100 could not be divided by 16 evenly, without a remainder. (An anna was strictly equal to 6.25 naya paisa.) The conversion of 8 and 4 annas posed no problem. The problem lay in converting lesser amounts.
Over time, coins have remained but structural changes have taken place along with denominations. New currency notes and coins have phased out the old ones. Old-timers will insist on the worth of what little they had, and the essence remains that no matter what amount you spend, it is value for money that we seek. Or paisa vasool, should we say!
4. Suppose we have to write a sum of money involving both rupees and paisa. So to express an amount consisting of both rupees and paisa, we use a small point which is called a decimal point. The numeral indicating rupees is written before this point and the numeral indicating paisa is written after the point. We write Rs. before the number of numerals.
In conversion of money we will learn to convert the amount from rupees to paisa and from paisa to rupees. Conversion from rupees to paisa and from paisa to rupees is based on the basic fact that Re. 1.00 = 100 paisa and 100 paisa = Re. 1.00
In addition of money we will learn how to add the amounts of money involving rupees and paisa together. We carryout with money the same way as in decimal numbers. While adding we need to follow that the amounts of money is converted into paisa.
In multiplication of money we will learn how to multiply the amounts of money involving rupees and paisa. We carryout multiplication with money the same way as in decimal numbers. We put decimal point after two places from the right in the product.
Practice the questions given in the worksheet on addition of money by using without conversion and by conversion method (without regrouping and with regrouping). Note: Arrange the amount of money in the columns of rupees and paisa and then add the amounts together.
Yesterday, while discussing a cigarette advertisement from an Urdu magazine I told one of my friend and colleague that the advertisement should be older than 1957 as it mentioned the cost in annas. His reply that he had used 4 anna or 8 anna in childhood surprised me. It came as a further surprise that a good historian like him did not know that till 1957, one Indian rupee consisted of 16 anna, 1 anna had 4 paise, and 1 paisa had 3 pies. Thus, 1 Rupee = 16 Anna = 64 Paise = 192 Pies.
The modern rupee is sub-divided into 100 paise (singular paisa). The coins have values and of 5, 10, 20, 25 and 50 paise, as well as 1, 2, 5 and 10 rupees. The bank notes are available in values of 1, 2, 5, 10, 20, 50, 100, 200, 500 and 2000 rupees.
In East Africa, Arabia, and Mesopotamia, the Rupee and its related coins were current at various times. The usage of the Rupee in East Africa extended from Somalia in the north, to as far south as Natal. In Mozambique, the British India rupees were overstamped. In Kenya, the British East Africa Company minted the rupee and its fractions as well as pice. The rise in the price of silver, immediately after the First World War, caused the rupee to rise in value to two shillings sterling. In 1920 in British East Africa, the opportunity was then taken to introduce a new florin coin, hence bringing the currency into line with sterling. Shortly after that, the Florin was split into two East African shillings. This assimilation to sterling did not however happen in British India itself. In Somalia the Italian colonial authority minted 'rupia' to exactly the same standard, and called the pice 'besa'.
The Nepalese rupee is the official currency of the Federal Democratic Republic of Nepal since 1932, when it replaced the Nepalese mohar. The official currency symbol: रु. In 1955, a 4 paisa coin was minted; this coin had a particular condition, as it had been made with rifle cartridges from the Second World War. The cartridge primer was removed, and the bullets turned into commemorative coins honoring the Gurkha soldiers who fought against the Imperial Japanese in the Pacific. These coins were only in production for one year because the number of cartridges found did not allow for further production. This currency is known as Nepal Bullet Paisa. Nowadays, the issuance of the currency is the responsibility of the Nepal Rastra Bank (central bank of Nepal) and are coins circulating in denominations of 1, 5, 10, 25, and 50 paisa, and 1, 2, 5, and 10 rupees.
A rupia introduciuse por primeira vez en 1932, substituíndo ao mohar de prata cunha taxa de troco de 2 mohar por rupia. Ao principio á rupia chamábaselle mohru. O seu valor fixouse á rupia india en 1993 cunha taxa de troco de 1,50 NPR = 1 INR.
En 1932 acuñáronse moedas de prata en denominacións de 20, 50 paisa e 1 rupia, seguidas de moedas de cobre de 1, 2, e 5 paisa entre 1933 e 1935. Nos anos 40 engadíronse moedas de cobre de e paisa, e 5 paisa de cuproníquel. En 1953 introduciuse unha nova serie de latón en denominacións de 1, 2 e 4 paisa, 50 e 10 paisa de bronce e 20, 25, 50 paisa e 1 rupia de cuproníquel.
En 1966 introducíronse moedas de aluminio de 1, 2 e 5 paisa, e 10 paisa de latón. En 1982 engadíronse moedas de 25 paisa de aluminio, seguidas de 50 paisa e 1 rupia de aceiro en 1987 e 1988. En 1994, os tamaños das moedas de 10 e 25 paisa reducíronse, xunto ás moedas de 50 paisa de aluminio e 1, 2, 5 e 10 rupias de aceiro bañadas en latón.
En 1951, o goberno introduciu billetes de 1, 5, 10 e 100 rupias denominados mohru. En 1956 o Banco do Estado asumiu as competencias para emitir cartos e introduciu unha nova serie xa denominada en rupias. En 1972 engadíronse billetes de 500 e 1.000 rupias, seguidas en 1974 de denominacións de 50 rupias, e 2 rupias en 1981. Os billetes dunha rupia emitíronse de xeito descontinuo, tanto, que hoxe en día é posible ver algún billete desta denominación en circulación. En 1982 introducíronse billetes de 20 rupias. O billete dunha rupia ten a foto do Monte Ama Dablam, un dos veciños do Everest, no seu reverso.
Un paisa (pl. paisas) es una unidad monetaria corriente equivalente a 1 / 100 de rupia o la Taka de Bangladés. Usada en muchos países como Bangladés, India, Nepal y Pakistán. También se pronuncia "poisha" en Bangladés y "paiz", durante el mandato británico. Hasta 1950 en India y Pakistán el paisa equivalía a 3 "pies", 1/4 de una "anna" o 1/64 de una rupia. Después de la transición de la moneda no decimal a la decimal, el paisa fue conocido como "naya paisa", es decir "nuevo paisa" por escasos años.
The near-maturity rates on NDF and onshore are now almost at par while in the 1-year maturity, the spread - which reflects foreign investors' expectations and usually widens in times of crisis - has declined to about 10 paisa.
Nepal Rupee and 50 Paisa (Tribhuvana Bir Bikram) 1932 to 1992 Coins from Nepal are sure to be among the next ***big risers*** in coin collecting. They are unusual and super-interesting, and the one from Kellie is made of silver, so that's good.Coins with the pattern shown come from the era of Trihuvana Bir Bikram, but the same pattern is used on-and-off for several years after that, up to 1991. Both rupees and 50 paisa coins have the same pattern. You must tell them apart by their size.You have to know two things to transform the coin's date to a Western (Gregorian) date. First, you have to know the numeric characters, shown here. (There are others found on Nepalese coins which are not in our figure.) Then you have to know that Nepalese coins use three different dating systems: the NS and SE systems before 1888AD, and the Vikrama Samvat (VS) system after. (This is an oversimplification.) To find the AD date from the VS date, subtract 57 years.Coins of Tribhuvana Bir Bikram run from 1932 to 1952 AD, which corresponds to 1989 to 2010 VS. Similar coins date as late as 1992 AD, or 2049 VS.We can give you a general idea for value but, because the market is fluid in Nepalese coins, these are really best guesses.50 PAISA (25 mm diameter, 0.143 troy ounces silver)worn: $3 US dollars approximate catalog valueaverage circulated: $5well preserved: $8fully uncirculated: $1050 paisa dated 2005VS are more rare; multiply these values by ten50 paisa dated after 2005VS and before 2011VS are more common and contain only 0.059 ounces of silver; divide these values by two50 paisa dated after 2010VS are made of copper nickel and contain no silver, values are low50 paisa dated 2007VS are rare and catalog for $175 in average circulated condition50 paisa dated 2012VS are rare and catalog for $100 in average circulated condition1 RUPEE (28 mm diameter, 0.285 troy ounces silver)worn: $7 US dollars approximate catalog valueaverage circulated: $10well preserved: $12fully uncirculated: $20rupees dated after 2005VS and before 2011VS are more common and contain only 0.119 ounces of silver; divide these values by tworupees dated after 2010VS are made of copper nickel and contain no silver, values are lowrupees dated 2012VS are rare and catalog for $100 in average circulated conditionYou must apply the concepts shown on our Terminology page to convert the catalog values on this page to actual buy and sell values. 2ff7e9595c
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