Mating - Koushi

China's first paper currency. During the Northern Song Dynasty, iron coins were used as currency in Sichuan and Shaanxi, and 16 wealthy merchants in Sichuan and Chengdu, whose trading areas included Shaanxi, issued promissory notes called jiaozi to eliminate the inconvenience of iron coins. Soon the monopoly of the Jiaozipu association was officially recognized, and in 1023 it was transferred to government management, and the Jiaozimu was established, which made it into paper currency. There was a conversion preparation of 360,000 kan, a conversion period of 3 years, and over 1.25 million kan were issued. In 1107 it was renamed qianbin and spread to the Yellow River and Huai River basins, and by the end of the Northern Song Dynasty, about 70 million kan were in circulation.

[Yoshinobu Shiba]

Source: Shogakukan Encyclopedia Nipponica About Encyclopedia Nipponica Information | Legend

中国最初の紙幣。北宋(ほくそう)の時代、四川(しせん)、陝西(せんせい)で鉄銭が通貨とされ、陝西を商圏に含む四川、成都の豪商16戸が、約束手形の交子を発行して鉄銭の不便を解消した。まもなく交子舗(ほ)の組合の独占が公認され、1023年に官営に移され、交子務(こうしむ)が置かれて紙幣となった。兌換(だかん)準備36万貫、兌換期間（界(かい)）3年、125万余貫が発行された。1107年に銭引(せんいん)と改称し、黄河や淮河(わいが)流域に広がり、北宋末には約7000万貫が流通した。

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