Standardized money was introduced in ancient China during the Qin Dynasty from 221-206 BC. Cast bronze coins with a square hole in the center became the dominant form of currency used throughout China. This coin design continued as the classical shape for Chinese currency for many dynasties until the Qing Dynasty from 1644-1911, although different monetary systems were also used. Some early forms of money in China included knife money, spade-shaped coins, and zhi coins during the Tang Dynasty, and later the first banknotes emerged in China.
2. Qin Standardized Money
• The ancient Chinese monetary is very unique.
Cast bronze coins were main types of coins
used in the past in China. Round coins with a
square hole pre Dynasty substituted Quin and
became the dominant form of exchange
unification china of the Chinese Dynasty Quin
(221-206 BC) to the end of the Dynasty
Qing(1644-1911). However used various
monetary systems along many dynasty's.
3. Many Kinds Of Chinese Money
• Knife Money: This is the oldest form of hard currency
in China.
• Spade-Shaped Money: Derived from the shape of the
coin.
• Zhi coin: The classical shape of the Chinese coin
continued throughout the Tang Dynasty with the
birth of Zhi coins.
• Paper currency: The first banknotes appeared in
China.
