Bangladeshi five paise facts for kids

Five paisa was first minted in aluminum in 1973. Above the main side is the inscription Bangladesh, in the middle is the plow symbol and below is the inscription Five Paisa. The coin weighs 1.4 grams, has a diameter of 22 millimeters and a thickness of 1.93 millimeters. The edges of the coin are smooth and the shape is rounded with no prominent square shape.

History

Until the Bangladesh Liberation War in 1971, the Pakistani Rupee was the currency of the country. After the independence of Bangladesh, the first Bangladeshi currency was issued on March 4, 1972. The official currency was named Taka, later "৳" was designated as the sign or symbol for Taka. The minimum unit of money fixed is one rupee. And a percentage of money is called Paisa. That is, ৳1 is equal to 100 paise. In 1973, 5 paisa, 10 paisa, 25 paisa and 50 paisa started circulation.

In 1973, the first five paise coins were introduced. After 1973, 5 paisa were issued in 1974, 1975, 1977, 1978, 1979 and 1994.

characteristics

Along with the change in design, some of the features of the fifty paisa coins were also changed. These are:

See also

• Bangladeshi taka
• Economy of Bangladesh
• Paisa
• History of the taka