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Qing dynasty coinage


Qing dynasty coinage (Traditional Chinese: 清朝貨幣,Simplified Chinese: 清朝货币,Pinyin: Qīngcháo Huòbì) was based on a bimetallic standard of copper and silver coinage. The Manchu Qing dynasty ruled over China 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 bases on those of the Mexican peso. After the Qing dynasty was abolished its currency would be replaced by the Chinese yuan by the Republic of China.

Prior to the establishment of the Qing dynasty the Jurchen people (later renamed the Manchus) created the Jin dynasty after an earlier Jurchen dynasty, for this reason historians refer to this state as the "Later Jin".Nurhaci had united the many tribes of the Jianzhou and Haixi Jurchens under the leadership of the Aisin Gioro clan, and later ordered the creation of Manchu script based on the Mongolian vertical script.Hong Taiji renamed the Jin dynasty into the Qing dynasty, and the Jurchen people into the Manchu people, while adopting more ethnic inclusive policies towards Han Chinese people in order not make the same mistakes as the Mongols did before him.


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