naya paisa
/ˌnʌɪ(j)ə ˈpʌɪsə/ /ˌnʌɪ(j)ə ˈpeɪsə/South Asian. Now chiefly historical
noun
In India: a monetary unit equal to one-hundredth of a rupee.
- The naya paisa was in use from 1957 until 1963, when the same monetary unit was renamed paisa..
Origin
1950s. From Hindi nayā paisā new pice from nayā new, modern (from Sanskrit naviya) + paisā copper coin, quarter anna.