In the early years of the Republic of China, copper coins (commonly known as "copper radium") were used instead of copper coins in the late Qing Dynasty. Originally, it was stipulated that each copper coin could be used as a coin of 10, and the coin of 10 was 1 cent, but later only the coin of 12 was converted into 1 cent.

1930 or so, depreciated to 1, and only 32 coppers were exchanged.

At that time, most of the silver coins circulating in the market were "dragon coins" cast in Fujian and Guangdong during the Xuan Tong period in the Qing Dynasty. There are two kinds of silver coins: double angle (2 angle) and single angle (1 angle). Other silver coins cast in Jiangnan, Hunan, Hubei and other places are less in circulation in urban areas and even refused to be used.

Later, there was an actor's version of Fujian Official Bureau, but there were only two angles and no single angle.

During the War of Resistance against Japanese Aggression period, silver coins and copper coins were gradually taken back by the State Bank, and three kinds of banknotes of 50 cents, 20 cents and 1 cent were printed to replace silver coins, and three kinds of nickel coins of 5 cents, 2 cents and 1 cent were cast to replace copper coins for circulation.