1. China is one of the earliest countries to use currency, with a history of more than 4,000 years.
There are cloth coins, knife coins, round coins, five baht coins, Bao Tong coins, coinage coins, silver coins, copper coins, as well as gold and silver coins, grain silk coins and paper money for sacrifice, which are of various types, shapes and materials, making them the best in the world.
2. In the process of its formation and development, China's ancient currency experienced five extremely significant changes:
From natural currency to artificial currency, from messy shape to unified shape, from local coins to central coins, from document weight to Bao Tong and Yuanbao, from metal coins to paper money.
3. From the Spring and Autumn Period to the Warring States Period, China established four currency systems: cloth currency, knife currency, ant nose currency and ring currency. Later, after Qin, Tang, Han, Wei, Jin, Southern and Northern Dynasties, until 1948 12 1, the People's Bank of China was established and issued the first set of RMB.
Extended data
Ming and Qing currency
"Silver" in the Ming Dynasty, Zhu Yuanzhang implemented the paper money policy at the beginning of the Ming Dynasty, and issued "Daming Treasure Notes" to cooperate with copper coins.
However, Daming's paper money had no fixed issue quota and no reserve, which soon led to inflation. Therefore, after Ye Jiajing's rule in the middle of the Ming Dynasty, paper money was no longer accessible, and people mainly used silver and copper coins.
Qing dynasty currency
Copper coins in Qing dynasty followed the system of Ming dynasty, mainly casting Xiaoping coins. Among the copper coins in Qing Dynasty, Xianfeng coins are the most complicated. Qian Wen is divided into Bao Tong, Chongbao and Yuanbao, with different denominations and different money bureaus. In the Qing dynasty, most people used silver, small coins used money, and money and silver went hand in hand.
In the early Qing dynasty, silver ingots were the main currency, and in the late Qing dynasty, silver ingots began to transform into silver dollars.
From the middle of the Ming Dynasty, foreign businessmen used their silver dollars to buy China's silk, tea and porcelain in foreign trade, which made all kinds of foreign silver dollars popular in China.
During the Daoguang period of the Qing Dynasty, since the unequal treaty of nanking was signed, all the silver dollars used for reparations were "foreign money". At that time, there was no silver dollar in China, and the foreign currency in stock was not enough to offset the sharp increase in foreign reparations, forcing the government to start casting its own silver dollar in the late Qing Dynasty.
Baidu Encyclopedia-History of Chinese Currency