If we want to say how much a silver dollar in the early years of the Republic of China is equivalent to the current RMB, we should calculate it according to its purchasing power. If the reference materials are different, different conclusions will be drawn. One more thing, the Republic of China lasted for 28 years. With the constant fluctuation of currency value, the purchasing power of silver dollar fluctuates greatly every year. So there is no definite answer to this question, and only some reference data can be provided here.
During the Republic of China, the price of one kilogram of rice was three cents, so one yuan could buy 33 kilograms. According to the price of 2.5 yuan per catty of rice in our supermarket to 3 yuan, the current price of 1 yuan is probably 85 yuan. The price of a cow in northern China is five yuan, but now I have to spend about 1500 yuan on a cow. According to this calculation, the current price can reach 2500 yuan. If our reference is female workers in the Republic of China, the monthly salary of skilled female workers in textile mills is 30 yuan. Now 30 yuan is equivalent to a high-tech project 1500 to 2500 yuan salary. So the current reference value of the ocean is around 6000 yuan. We can find a Yuan Datou in the early years of the Republic of China, which can be exchanged for RMB 850,000 to RMB 90,000.
The late Qing Dynasty and the early Republic of China, that is, when the ocean just circulated. The value of the ocean is quite expensive at this time. According to some historical records, in the early years of the Republic of China, the price of a cow was around 5 yuan. The price of a cow we have now may cost several thousand yuan. There is a price law that things are scarce, because the demand for cattle was not as high as it is now, so the price of cattle was not as expensive as it is now.