Poisha definitions
| Word backwards | ahsiop |
|---|---|
| Part of speech | Noun |
| Syllabic division | poi-sha |
| Plural | The plural of the word "poisha" is "poishas". |
| Total letters | 6 |
| Vogais (3) | o,i,a |
| Consonants (3) | p,s,h |
Wondering what poisha is? Well, in Bangladesh, poisha is the subunit of the Bangladeshi currency, the Bangladeshi Taka. Like cents to the US dollar or pence to the British pound, poisha is the smaller denomination used in everyday transactions.
History of Poisha
The term poisha has been derived from the Portuguese word "poço," which means "well." This term was introduced during the Mughal period in Bengal when the Portuguese were actively involved in the region's trade. Over time, the term stuck and became the accepted subunit of the Bangladeshi currency.
Value of Poisha
Currently, 1 Bangladeshi Taka is divided into 100 poisha. This means that 1 poisha is equivalent to 0.01 Bangladeshi Taka. While the value of a poisha may seem negligible, it is still an essential part of the country's monetary system and is used in various transactions.
Usage of Poisha
While the use of physical poisha coins has declined over the years, digital transactions often involve amounts in poisha as well. It is common to see prices quoted in poisha in markets and shops, even if the final amount is rounded up to the nearest Taka during payment.
Conclusion
So, the next time you come across prices in poisha while in Bangladesh, you'll know that it is simply the smaller denomination used for transactions. While it may not hold much value individually, collectively, poisha plays a significant role in the country's economy.
Poisha Examples
- She paid for the groceries with her last poisha.
- The beggar collected coins and poisha from passersby.
- The currency exchange rate for poisha is quite low.
- He saved every poisha he earned to buy a new bicycle.
- The street vendor's prices were in poisha rather than dollars.
- The children pooled their poisha to buy a gift for their teacher.
- The poisha coins were shiny and new.
- She found a lost wallet filled with poisha on the sidewalk.
- The charity collected donations in poisha to help the homeless.
- The market was bustling with merchants shouting prices in poisha.