It is hardly surprising that the first notes or better, the first paper money, appeared in China. With the invention of paper and printing on its. Paper money was made by the Tang Dynasty in China in B.C. They made the paper money as an offshoot of the invention of block printing. Block printing is . Paper money is an invention of the Song Dynasty in China in the 11th century CE , nearly 20 centuries after the earliest known use of metal coins. While paper.
The history of Chinese currency spans more than years. Currency of some type has been Paper money was invented in China in the 9th century, but the base unit of currency remained the copper coin. Copper coins were used as the. Paper bills were first used by the Chinese, who started carrying folding money during the Tang Dynasty (A.D. ) — mostly in the form of privately issued. China invented paper money during the Tang Dynasty that ruled between and , and they used this currency for a long time before it.
The history of paper money is interesting not only from the idea and technolgy of printing, but also from the perspective of trading with a commodity that in itself. The first type of paper money was issued by imperial court in , Song Dynasty , it's then called 交子, literally means trading media, looks like. Once the Chinese had started making comparatively inexpensive paper from natural fibers, and invented block-printing, paper money came into use in the. China is not only credited with having invented paper but it is also generally recognized to have been the first country in the world to use paper money.