Paper money was first invented in China in the 13th century and soon made its way to Islamic world. In both of these places it did not survive for long. Paper money was first introduced in the Islamic world by the Mongol ruler Gaykhatu of the Il-Khan dynasty who ruled the present day Iran, Iraq [...]
Archive for May 4th, 2008
Chinese Origin of Paper Money in the Islamic World
Posted in Medieval China, tagged china, chinese, Chinese Islam, chinese muslim, Chinese Muslims, Gaykhatu, history, il-khan, invention, iran, islamic, islamic trade, mongol, mongolian, muslim, paper money, persia on May 4, 2008 | 5 Comments »
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