The Story of Money: 07--Chinese Issued World's First Paper Money

Section 7: Paper money Previous | Next | Section Index
The Chinese issued the world’s first paper money
Coins like these were used for over 2,500 years. They could be carried on strings, but paper money was even easier to handle. This early paper money was in use when Marco Polo visited Kublai Khan in the 13th century. The note, called a kua, is the equivalent of 100 coins and dates from the Ming Dynasty, A.D. 1368–99.
Chinese coin Chinese coin Chinese paper money is the world's first
Chinese coin Chinese coin
Chinese coin Chinese coin
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