Indian pie

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A Bhopal State postage stamp worth 1 anna and three pies

A pie (abbreviated as Ps) was a unit of currency in India, Burma and Pakistan until 1947. It was the smallest currency unit, equal to 1/3rd of a paisa, 1/12th of an anna or 1/192nd of a rupee. During the mid-nineteenth century, one pie was worth 12 cowry.

Minting of the pie ended in 1942, though it remained in circulation for a further five years. The pie was demonetised in 1947 as it had become practically worthless due to inflation.[note 1]



Notes

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