How much is a tael of silver equivalent to modern yuan in ancient times?

Mondo History Updated on 2024-01-30

How much is a tael of silver equivalent to modern yuan in ancient times?

In order to understand this issue more objectively and comprehensively, it is necessary to analyze it in the context of different dynasties or periods.

In different dynasties, the mid-to-late Qing dynasty ranged from about $150 to $220.

It was about $2,000 to $4,000 during the Tang Dynasty, $600 to $1,000 in the middle of the Northern Song Dynasty, and $600 to $800 in the middle of the Ming Dynasty.

In fact, most of the modern people's understanding of the value of ancient coins comes from film and television culture or works of art.

However, due to the different qualities of the creators, there will be a large bias and inaccuracy in the value signals obtained from these works.

For example, if we consider that the treasury of the Ming Dynasty after Zhang Juzheng's reform was only 5 million taels**, then ** would seem ridiculous.

Therefore, creators should do more work, do more research, don't jump to conclusions, and don't be misled by wrong values.

In fact, it is possible that ancient money was not what we think.

For example, during the reign of Xuanzong of the Tang Dynasty, due to the inflation in the Kaiyuan period, the price of rice was extremely fast, and finally reached one penny per bucket.

In other words, one tael of silver is equivalent to two thousand six hundred and fifty yuan, yes, that's how valuable it is.

Of course, in different historical periods, the ** of money will be different, just as the value of money will also be different under the influence of the environment at that time.

The Qing Dynasty was slightly inferior to the Ming Dynasty.

However, in the middle and late Qing Dynasty before the Opium War, due to some political reasons, foreign countries came to China, and most of the world's ** were used to buy Chinese porcelain, silk and many other products, at this time, the value of ** of course declined, that is, one or two ** is equal to about two hundred yuan.

At that time, there were a lot of currencies in the market from the West, as well as our own traditional currencies.

In addition, it should be noted that the total amount of ** before the Song Dynasty was relatively small, and the value was high, and it had not yet become a currency in circulation, so the circulation rate was relatively low, and it would only appear in a few cases, such as when it could be rewarded.

It is also a kind of financial relationship or payment relationship between countries, before the Ming Dynasty copper money circulated in the market, which is of course closely related to the economic development at that time, the economic development of the Song Dynasty was relatively rapid, especially the Southern Song Dynasty, which completed the migration of China's economic center of gravity.

So why is our understanding of copper coins relatively vague? This is actually related to literature, and it is also related to the influence of the Ming and Qing dynasties.

You are welcome to follow and good luck.

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