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About: First series of the renminbi     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SystemOfMeasurement113577171, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Thingyago:WikicatBanknotesOfChinayago:Abstraction100002137yago:Bill113393762yago:Currency113385913yago:Measure100033615yago:MediumOfExchange113372961yago:PaperMoney113387209yago:Standard107260623yago:SystemOfMeasurement113577171 New Facet based on Instances of this Class

The first series of Renminbi banknotes was introduced during the Chinese Civil War by the newly founded People's Bank of China on December 1, 1948, nearly one year before the founding of the People's Republic of China itself. It was issued to unify and replace the various currencies of the communist-held territories as well as the currency of the Nationalist government. This series also called "Old Currency", which 10,000 yuan is equal to 1 yuan of the 2nd series and later (called "New Currency").