Under normal circumstances, 1 tael of silver can be exchanged for about 1,000 copper coins. In ancient times, 1 Guan Qian or 1 Diao Qian was usually said to be 1,000 Wen.

The current price of gold, silver and copper (in RMB) is approximately as follows:

Gold: 100 yuan/gram

Silver: 2 yuan/gram

The calculation result is:

1 tael of gold: worth about 4,000 yuan

1 tael of silver: worth about 80 yuan

1 copper coin (1 Wen coin): worth about 0.1 yuan

Many historical monographs use grain prices to directly measure currency relationships, although it is not very obvious to consider grain prices alone. Be accurate and objective, but should be an extremely important reference. (Take the Guangxu period as an example)

The upper white rice (stone) costs nine cents and five cents

The middle white rice (stone) costs nine cents, two cents and six cents and eight cents?

White rice (stone) costs eight cents and three cents?

White rice (pound) costs nine cents

Silver can be exchanged for one thousand cents for every two taels."

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"According to the records of the Military Aircraft Department of the Qing Dynasty, the grain prices in Shuntian Prefecture, Daming Prefecture, and Xuanhua Prefecture of Zhili Province in the first half of the fifteenth year of Guangxu were calculated based on the three types of grains: millet, sorghum, and corn. The average price per stone Silver is one tael, four cents, and six cents.

”

Based on the calculation of 1 stone = 100 catties = 70 kilograms, and the grain price is calculated as 2 yuan/kg, the following average value can be obtained:

1 tael of silver: approximately worth 170 Yuan

1 copper coin (1 Wen coin): worth about 0.2 Yuan

Based on the above calculation, and considering

1 the price of gold is higher than other is more stable and should be referred to

2 Now that silver has been used as an industrial product, the reference value of the current silver price is low

3 Due to the relatively rapid development of agricultural technology, now The relative price of food in China is much cheaper than in ancient times

4 Respect the ancient exchange ratio

5 Round up the numbers to facilitate conversion and establish perceptual understanding

So, ancient For monetary units, the following conversion system can be used:

1 tael of gold = RMB 2,000 = 10 taels of silver

1 tael of silver = RMB 200 = 1,000 Wenqian = 1 Guan (Diao) ) money

1 Wen Qian = RMB 0.2 yuan

In addition: 1 Shimi = 1 tael of silver