Jiaozi (currency)

Period

1024

Map

Inventions map

Jiaozi was a form of promissory note which appeared around the 11th century in the Sichuan capital of Chengdu, China. Numismatists regard it as the first paper money in history, a development of the Chinese Song Dynasty. Early Jiaozi notes did not have standard denominations but were denominated according to the needs of the purchaser and ranged from 500 wén to 5 guàn. The government office that issued these notes or the Jiaozi wu (交子務) demanded a payment or exchange fee (紙墨費) of 30 wén per guàn exchanged from coins to banknote. The Jiaozi were usually issued biannually.

Sources: Wikipedia — Jiaozi (currency) · CC BY-SA 4.0

Earlier and later events nearby

1. AD 605Sui dynasty establishes the imperial examination
2. AD 618Founding of the Tang dynasty
3. AD 629–645Xuanzang's journey to India
4. 1024Jiaozi (currency)This page
5. 1673–1681Revolt of the Three Feudatories
6. 1839–1842First Opium War
7. 1856–1860Second Opium War

Who ruled this land

States that held this place in the historical borders data (Cliopatria). Years are approximate, as fine as the data's snapshots (every few years to a century). Tap to open the map for that year.