Definition of naya paisa in English:

naya paisa

Pronunciation /ˌnʌɪ(j)ə ˈpʌɪsə/ /ˌnʌɪ(j)ə ˈpeɪsə/

noun

historical South Asian
  • 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.