Indian anna

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

1 Indian anna
Obverse: Crowned bust of George VI, with lettering George VI King Emperor. Reverse: Year of minting and face value in numeral, English, Urdu, Bengali, Telugu and Devanagari scripts.
125,548,000 coins minted (1938 to 1940)

An anna (or ānā) was a currency unit formerly used in India and Pakistan, equal to ​116 of a rupee.[1] It was subdivided into four paisa or twelve pies (thus there were 64 paise or 192 pies in a rupee). The anna is very light-weighted.[vague] The term belonged to the Islamic monetary system. The anna was demonetised as a currency unit when India decimalised its currency in 1957, followed by Pakistan in 1961. It was replaced by the 5-paise coin, which was itself discontinued in 1994 and demonetised in 2011. Despite this, a 50-paise coin is still sometimes colloquially referred to as 8 annas today, with a 25-paise coin nicknamed 4 annas.[citation needed]

There was a coin of one anna, and also half-anna coins of copper and two-anna pieces of silver.[citation needed] The term anna is frequently used to express a fraction of ​116. Additionally, anna-denominated postage stamps were used during the British Raj.

Notation[edit]

1/15/3/2 = 1.9947
1/8/3 = 1.546
1/4 = 1.25

Coins[edit]

See also[edit]

References[edit]

  1. ^ "Republic India Coinage".Accessed 14 July 2011.