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jan 1, 1040 - Song dynasty prints the world’s first paper money

Description:

The first government issued banknote currency ever to be used was developed during the Song Dynasty and was called Jiaozi. It was initially produced in denominations of 1 guan, and 1 min, and up to 10 guan.

Added to timeline:

9 months ago
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Date:

jan 1, 1040
Now
~ 986 years ago

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