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Several problems about the currency of the Republic of China
In the early years of the Republic of China, silver dollars and copper coins were in circulation.

14 (1925) year, 1 silver coin exchange 187 ~ 194 copper coin.

15 years, 1 silver dollar for 228 ~ 232 copper dollars.

In 25 years of the Republic of China, the national government implemented the legal tender policy, prohibiting the circulation of silver dollars, 1 yuan legal tender exchange 1 yuan or 200 ~ 300 copper coins.

In 30 years of the Republic of China, 1 yuan was only worth 100 pieces of "ten" copper coins. Subsequently, the devaluation of the legal tender was not exchanged.

In 3 1, 1 yuan is converted into legal tender and 20 yuan and legal tender circulate at the same time.

In August, 37, the newly issued 1 yuan was legal tender of 3 million yuan, and the issued 1 silver dollar gold certificate was 2 yuan.

In 37 years of the Republic of China, 1 1 month, each silver dollar was worth 10 yuan.

From April 1 day to April 13, the Fuzhou Municipal Government announced the standard of exchanging silver dollars for gold certificates:

April 1 day, 1 yuan silver dollar worth 9000 yuan gold certificate;

On April 6, 65,438+0 yuan silver dollar worth 65,438+0.65,438+0,000 yuan;

April 7th to 10, 1 yuan silver value 17000 yuan gold certificate;

From April 1 1 to April 13, 1 yuan is worth 36,000 yuan. In just 13 days, the exchange rate of silver dollar 1 yuan for gold certificate has tripled. The market price is several times higher. By July 3, the gold certificate was already the same as waste paper. The national government issued silver dollar coupons instead of gold dollar coupons, which were circulated at the same time as silver dollars. Fuzhou issued silver dollar coupons on July 9, with a ratio of 1: 1. 1 yuan for 500 million yuan gold certificate.