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How much RMB is one legal tender in the early days of War of Resistance against Japanese Aggression equal to now?
The landlord asked at the beginning of the Anti-Japanese War, when the legal tender had not depreciated so much. Legal tender is the currency issued by the national government during the Republic of China. 1October 4th 1935, 165438+ stipulates that the bank notes issued by the central bank, the Bank of China and the Bank of Communications (followed by the Farmers Bank of China) are legal tender, and the circulation of silver is prohibited, and national credit legal tender is issued instead of silver dollar. Silver and silver dollars stored by financial institutions and non-governmental organizations are collected and exchanged by the central bank. At the same time, it is stipulated that the exchange rate of legal tender is 1 yuan, which is equal to 1 shilling 2.5p, and foreign exchange is traded by the central government, China and China, which is the gold standard. That is to say, at the beginning, 1 yuan fiat = 1 shilling 2.5p (shilling unit still existed at that time, and it was cancelled in Britain only after 196 1 year) 1 pound =20 shilling = 100p. If all converted into pounds, it is 1 yuan Fiat =0.225. If we want to link the legal tender at that time with the current RMB, it should be best to use the pound as an intermediary. . . The current exchange rate is 1 GBP = 10.435 1 RMB, so 1 RMB =0.225 GBP = 0.225x10.45438+0 = 2.3478975 RMB! In other words, at the beginning of currency reform and the implementation of legal tender, legal tender was more valuable than RMB now. . . However, the above is purely YY's personal judgment. It looks ok, but if you really compare it, I don't think the two are comparable. . .

Satisfied, please adopt.