← Explore on the interactive map

Yuan Paper Currency System

Type Object Region East Asia Time 1260–1368

Yuan paper money was a state-credit currency printed by the Central Secretariat and circulated alongside silver ingots;…

Timeline

  1. 1260–1287Dadu · ChinaKublai adopted Han methods, setting up the Jiaochao Bureau to print notes issued under names like Zhongtong and Zhiyuan chao, mandating circulation in all circuits and banning private minting, pioneering an imperial fiscal system based on paper currency.
  2. 1331–1340Circuits of the Yuan Empire · Yuan EmpireIn the early Shun Emperor reign, Yuan notes remained the national currency for taxes, salaries, and trade; but rising military and relief spending increased printing, the note-to-silver ratio fell, and private silver and barter grew, beginning to undermine confidence in the currency.

Sources