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About: Qing dynasty coinage     Goto   Sponge   NotDistinct   Permalink

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Qing dynasty coinage (traditional Chinese: 清朝貨幣; simplified Chinese: 清朝货币; pinyin: Qīngcháo Huòbì; Manchu: ᡩᠠᡳᠴᡳᠩᠵᡳᡴᠠ; Möllendorff: Daicing jiha) was based on a bimetallic standard of copper and silver coinage. The Manchu-led Qing dynasty was established in 1636 and ruled over China proper from 1644 until it was overthrown by the Xinhai Revolution in 1912. The Qing dynasty saw the transformation of a traditional cash coin based cast coinage monetary system into a modern currency system with machine-struck coins, while the old traditional silver ingots would slowly be replaced by silver coins based on those of the Mexican peso. After the Qing dynasty was abolished its currency was replaced by the Chinese yuan of the Republic of China.