When did India demonetize Anna as a currency unit?
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The anna was demonetised as a currency unit when India decimalised its currency in 1957. It was replaced by the 5-paise coin, which was itself discontinued in 1994 and demonetised in 2011. The term anna is frequently used to express a fraction of 1⁄16.
India demonetized the “anna” as a currency unit on June 15, 1957.