Naya Paisa is a term used in Nepal to refer to the new currency introduced in 2008. It replaced the old currency, known as Nepalese Rupee, to help stabilize the economy and improve financial transactions. The new notes and coins feature updated designs and security features to prevent counterfeiting. The introduction of Naya Paisa aimed to simplify monetary transactions and enhance public trust in the currency. It is an essential part of Nepal's economic framework, facilitating trade and commerce within the country and with neighboring nations.