Evolution of Asian Currency By Taine Dry

By Taineyboy888
  • 2500 BCE

    Cowry Shells

    Cowry Shells
    Shells were first used as currency in China. It could also possibly have been the first currency ever.
  • 900 BCE

    Bronze Shell

    Bronze Shell
    Bronze shells were the first advancement of currency. They were covered in bronze.
  • 260 BCE

    Copper Coin

    Copper Coin
    National Currency Ordinance established the silver dollar as the national currency of the Republic of China. Although designs changed compared with Imperial era coins, the sizes and metals used in the coinage remained mostly unchanged until the 1930s.
  • Period: Jan 1, 960 to

    Attempts of Multiple Currencies

    Period where multiple currencies were tried. Most failed in result of inflation.

  • Silver Coins

    Silver Coins

  • Copper and Silver System

    Copper and Silver System
    Becomes Widespread in China

  • Silver Dollar

    Silver Dollar
    This currency was short-lived, as the Communist Party of China soon gained control of the Mainland provinces. It was replaced by currency issued by the People's Bank of China which was less prone to inflation.
  • Period: to

    Attempts of Multiple Currencies

  • Silver Standard

    Silver Standard
    Generally made in the form of ingots.

  • Renminbi

    Renminbi
    Current Currency