In order to facilitate conversion, the silver dollar issued by the Bandits Army corresponds to the one dollar of paper currency. The weight of Yuan Datou is 26.5 grams, and Li Xin also set the silver dollar at 26.5 grams. He used the same weight of silver as the benchmark to reverse gold. The gold content of the one dollar of paper currency is 1.743424 grams according to the official price.

On the front of the silver dollar is a sailboat that sails through the waves, which means that the Chinese are moving forward without fear of obstacles. The six big characters of the Central Bank of the Ming Dynasty are half circle above, and the twenty-year period of Chongzhen is half circle below, and on the back is the Great Wall, which sets off the Arabic numerals of 1 yuan.

Generally speaking, the silver dollar content cannot be 100%. The silver dollar cast by the bandits is 90%, and the rest is copper.

At that time, the silver content of silver was not sufficient, and the official casting was 85% equal to 37.3 grams. Therefore, regardless of fire consumption and copper materials, the exchange ratio of one dollar silver dollar to silver was 0.75:1.

The exchange of copper coins and silver dollars is calculated based on a 1500-liter ratio of silver, and one silver dollar is exchanged for 1125-liter coins. Of course, copper coins depend on the quality, and inferior copper coins collected by private private funds are exchanged according to the actual value of the market.

Paper money is divided into 100 yuan, 50 yuan, 10 yuan, 5 yuan, 1 yuan, 50 yuan, 10 yuan, 50 cents, and 10 cents. Since the value of banknotes above RMB is very high, according to the price level at the end of the Ming Dynasty, the majority of daily use are gross and divided tickets, so there is no two denominations, twenty yuan and two yuan.

The 100-yuan banknote is red, and the front is a statue of Huangdi. If you have a 100-yuan banknote at home, it will definitely be as good as the standard.

Fifty yuan is green, and the front is the statue of Emperor Yao.

Ten yuan is sky blue, and the front is Xia Yu statue. The above three denominations will not be too much to enter the market, and most of them are used for mutual settlement of various types of enterprises.

What is truly related to ordinary people is banknotes less than five yuan, five yuan is light purple, and the front is a statue of King Wen of Zhou.

Yiyuan is yellow-green, and the front is a statue of Qin Shihuang.

The five corners are purple-red, and the front is a statue of Emperor Gaozu of Han.

One corner is brown, and the front is a statue of Emperor Wu of Han.

Five points are pure green, and the front is a statue of Emperor Guangwu of Han.

One point is the grass green, and the front is the image of the Tang Taisong.

On the back of each denomination banknote is a bust of workers, peasants, soldiers, scholars and merchants standing in front of the relief of the Great Wall.

Li Xin only ranked Emperor Taizong of Tang because by the early Tang Dynasty, China was generally active and enterprising. Since the Anshi Rebellion, China has become increasingly conservative and entered a trajectory of decline. After that, the emperors of all dynasties have no remarkable points.

For example, Taizu of Song bullies orphans and widows, and has an inappropriate position!

The Ming Taizu retained too many barbaric customs of the Mongols. At the beginning of the rebellion, he once surrendered to the Yuan Dynasty and moved Mencius out of the Confucian Temple. These are all complaints.

Overall, this set of banknotes has bright colors and exquisite printing. Li Xin concentrated his manpower and material resources to specially develop banknote making papers, printed by labor reform criminals, with watermark reliefs of more than five points, and has good anti-counterfeiting effect.

At the same time, in order to facilitate the public's use, small silver coins with a face value of 50 cents and 10 cents and aluminum-magnesium alloy coins with a face value of 50 cents and 10 cents are also cast.

This set of currencies is named Zhongyuan. Its issuance will gradually expel copper from circulation, deprive copper of its monetary attributes, and return to industrial attributes. After all, casting bullet shells in the future requires a large amount of copper.

According to the joint notice issued by the court and the central bank, gold will be immediately stopped from circulation when the Zhongyuan is issued and can only be used as jewelry materials. Silver and copper coins have a three-year buffer period, and within three years, they can be used at the same time as Zhongyuan.

This is only for ordinary people. The salaries of government agencies and military personnel will be paid by Zhongyuan. Industrial and commercial enterprises with legal person qualifications will have a buffer period of one year for silver and copper coins. Each bank, as well as the bank bank bank bill numbers that have not yet been restructured into banks, will no longer handle silver and copper coins business from now on!

Currency exchange is actually an economic survey. Because silver and gold will stop circulation, many landlords and wealthy have to take out the cellar silver to exchange, allowing Li Xin to find out how much money there was in the Ming Dynasty at that time.

To this end, he prepared a large number of elite soldiers and strong generals in statistics, and after the silver dollar exchange window was closed, the Statistics Bureau was officially established.

There are many exchange points on the streets of Guangzhou. Li Xin and others stopped and observed for a while. Changping couldn't help but say, "Ah Hu, have you noticed that the people who exchanged silver dollars are more enthusiastic, but there are very few exchanged paper money."

Sun Di said without surprise: "Of course, the reputation of paper money is too excessive. People need to accept it in a process, which is silver dollars, with sufficient quality and exquisite workmanship, and will soon replace the status of silver and copper coins."

"Um!"

Liu Rushi nodded: "Our silver dollar is more good than silver. Experienced people can easily distinguish it. Don't worry. By the way, Huiying, you might as well do an interview on the street to see what the people really think about Zhongyuan is?"

“Good idea!

Huiying quickly walked towards an old lady who was exchanged for silver dollars, took out a pen and asked with a smile: "Hello, auntie, I am Gao Huiying, a reporter from Ming Pao South China Branch. I have a few questions to ask you. Can I delay you for a few minutes?"

Huiying painted light makeup and had a pretty face like a flower. Her long-term leadership position has developed a confident and capable temperament, wearing a simple and elegant dress.

As soon as he approached, a light fragrance came to his face. The old lady had never seen such a beauty before. She immediately panicked and waved her hands repeatedly and said, "Girl, you... just ask what you want, the old woman will tell you everything."

Huiying asked with a professional and kind smile, "Old lady, I think you exchanged a lot of silver dollars. Is silver dollars better than silver dollars?"

"That's!"

When talking about family matters, he was also affected by the smile. The old lady went a lot of nervousness and replied: "Silver dollars are of great quality and convenient, which is better than silver. Girl, listen!"

As he said that, he clamped the center of the silver dollar with his thumb and middle finger, put it on his mouth and blew it hard, and then placed it next to Huiying's ear.

Sure enough, a gentle buzzing sound came.

"It's really good!"

Huiying praised and asked, "Then why don't you exchange paper money? I heard that paper money has gold as a guarantee. If you accumulate a certain amount of gold, you can exchange equivalent gold to the central bank. This is completely different from the treasure banknotes issued by the Ming Dynasty. Moreover, the banknotes and banks all accept banknotes to repay. What are you worried about? Don't you think paper money is more convenient than silver dollars?"

"this……"

The old lady frowned and murmured, "I didn't think so much, I never thought about exchanged banknotes. Although the court gave it a guarantee, a thin piece of paper was not at ease, and was afraid that others would not accept it. And it was put at home and was bitten by rats or burned out of fire. Not everything was gone? Banknotes are not stronger than silver dollars. They are not afraid of burning or biting mice. No matter how hard they are, they are always silver, right?"

Huiying wanted to laugh and held back her laughter. She glanced at Li Xin helplessly and said, "Old madam, your concerns make sense, but the Dutch are already using paper money, and many European countries are following up. With the deepening of foreign exchanges, in our China, it is an irreversible trend to replace metal currencies, and silver dollars are just a transitional nature.

Since you believe in the imperial court, paper money is easier to carry than silver dollars, just be careful and develop a habit? As for the rejection issue, you don’t have to worry. If you encounter rejection during use, you can report it to the Guangzhou Branch of the Central Bank or the local police station as soon as possible, and there will be a dedicated person to deal with it.

If you put your banknotes at home and worry about being unsafe, you can deposit them in the bank. The bank will pay you interest based on the term of your deposit. Isn’t this much better than putting money at the bottom of the box? Do you think so?"

"So that?"

The old lady hesitated and said, "Will the bank not refund the order? Or what should I do if the order cannot be found?"

Huiying smiled and said, "You put the money in the money shop, and the money shop knows to repay you. The bank is much larger than the money shop, and there is also a central bank to support it. If the bank is not good at operating well, it will be able to repay the deposit, and the central bank will also repay it to you. In addition, if the certificate of deposit is lost, you can reissue the certificate of deposit with your household registration and reserved handprints. The money you are the one you will not cause you to suffer losses for no reason."

"Auntie, this beauty says she is so sincere. Can you be worthy of others if you don't exchange some banknotes?"

I have to say that Huiying is quite charming, and some of the onlookers around her couldn't stand it and started to make excuses.

"Come on, I'll exchange a silver bill!"

"I'm so embarrassed to show off if I have one tael of silver? I'll change five taels!"

"I have all exchanged banknotes, there are fifty taels here!"

With a bang, a cloth bag pressed heavily on the table!

Because of Huiying's beauty, of course, it is more about her sincere and thorough explanation. For a moment, the exchange point will change immediately, and the people have asked to exchange paper money.

The old lady couldn't stand it, so she pushed a handful of silver dollars on the table: "Girl, I'll exchange paper money for you once I believe you, so I'll exchange it for money, don't have silver dollars."

"Thank you everyone, thank you for supporting the Central Bank!"

Huiying smiled and bowed: "Silver dollars are not useless. As the aunt said, no matter how hard it is, it is still silver, everyone can exchange it as needed. Finally, I reiterate that the banknotes issued by the central bank have sufficient gold as a guarantee. The Regent is dedicated to serving the people and will never use banknotes to capture the gold and silver of the people. Don't worry that the banknotes will turn into waste paper. Please keep ten thousand hearts. I will not waste everyone's time. I wish you a happy life and goodbye."

Huiying walked out of the crowd with a smile. There were many reluctant gazes behind her looking at her back. She did not dare to recognize Li Xin, but instead gave Li Xin a wink, turned a crossroads before stopping.

Everyone quickly met Huiying, and Queen Zhang joked: "It seems that Huiying is still very charming. The beauty stood by the table, and the perverts obediently exchanged the silver for banknotes.

Li Xin also said: "There is a redemption point not far away. You should work harder."

"snort!"

Huiying snorted: "Okay, if you don't mind my being taken advantage of by a man, then I'll just go. You, the regent, don't mind, what else do I mind? Let's go!"
Chapter completed!