Where did paper money originate?

Answer Paper money originated in China. It was first used in the year 812, when a copper shortage required the use of paper promissory notes that could later be exchanged for coinage. It was called "flyin... Read More »

Top Q&A For: Where did paper money originate

In what year did paper money originate?

Because the invention of paper money dates back to the ninth century, it is not known exactly what year it came into use. What we do know is that the Chinese were the inventors of paper money, and ... Read More »

Where was paper money discovered?

The first paper money appeared during the Tang dynasty in China around the year 800 AD as a way for the government to pay merchants in distant provinces. Despite the limits in its original intentio... Read More »

When&where was paper money developed?

Paper money was invented in China in 806 A.D. However, it was reproduced so quickly that inflation quickly occurred and devalued the currency, contributing to its disappearance for several hundred ... Read More »

Where is paper money created in the United States?

Paper money is created in two locations in the United States. It is printed in Washington, D.C., and Fort Worth, Texas, by the Bureau of Engraving and Printing section of the U.S. Department of the... Read More »