2 naye paise (Indian coin)

The 2 Naye Paise was a denomination of Indian currency introduced in 1957 as part of the decimalisation of the Indian rupee. "Naye" translates to "new", distinguishing these coins from the pre-decimalisation currency. The 2 Naye Paise coin was equivalent to 1/50th of a rupee.

The coin was initially made of bronze. Later, it was made of cupro-nickel. The coin typically featured a design representing the Indian economy and/or national symbols. Specific designs and compositions varied slightly over the years of its circulation.

The 2 Naye Paise coin was gradually phased out of circulation due to inflation and the increasing cost of production relative to its face value. It ceased to be legal tender at a later date, eventually becoming obsolete. Today, the coin is primarily of interest to coin collectors and those interested in the history of Indian currency.