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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 1⁄3 of a paisa, 1⁄12 of an anna or 1⁄192 of a rupee. During the mid-nineteenth century, one pie was worth 12 cowry.
Rs 1/15/3/2 = Rs 1.9947
Rs 1/8/3 = Rs 1.546
Rs 1/4 = Rs 1.25
- Until 1966, India was a member of the sterling area, with the rupee pegged to the British pound sterling and having a value of 1s 6d, or 18 (old) pence; a pie was therefore worth 0.09 old pence in 1947. In 1947, however, a single old penny had an estimated purchasing power of 14 new pence (in 2014 values). Therefore, a pie had a value of 1.3 pence in 2014. (Schedule of Par Values, Currencies of Metropolitan Areas, The Statesman's Year Book 1947, pg xxiii, Macmillan & Co.; measuringworth.com/ppoweruk/)
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