paper currency first introduced in which country?
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March 31st, 2008 at 8:06 am
China, 806 AD
March 31st, 2008 at 8:06 am
China was the first country to use paper money. Ancient paper money can be traced back to the Pai-Lu P'i-pi (white deer-skin money) of Han Dynasty (140 BC) and the Fei-Chien (flying money) of Tang Dynasty (618 AD).
However, the Ming Dynasty notes, issued between 1368 and 1399, are the earliest surviving paper money, of which the 1 Kuan is the most common. The note measures 222mm x 340mm.
March 31st, 2008 at 8:06 am
china
March 31st, 2008 at 8:06 am
Modern paper currency was introduced by the Bank of England.