General Knowledge - Indian Economy - Discussion

One rupees includ 100 paise . In olden days we were (our pioneer) used1,5,10,20,25, paise thats called coinage .

Decimal currencies have sub-units based on a factor of 10. These are most commonly 100 sub-units to the base currency unit, but currencies based on 1000 sub-units also exist, especially in Arab countries.

For example:
100 cents make one dollar in various countries.
1000 Tunisian millimes make one dinar.

In 1957, India shifted to the decimal system, but for a short period both decimal and non-decimal coins were in circulation. To distinguish between the two pice, the coins minted between 1957 and 1964 have the legend "Naya Paisa" ("new" paisa). The denominations in circulation were 1, 2, 5, 10, 20, 25, 50 (naya)paise and one rupee which remained as the same pre-decimal value. Therefore pre-decimal coins of one, half and quarter rupees could remain in circulation after decimalisation.

What does it mean " change over to the decmal system to coinage"?

Process of coining.

What is coinage? will somebody please explain this?.