Glossary · Term · currency

Chao (currency)

Chao was the paper currency issued by the Yuan Dynasty in China. The Yuan made paper money the main medium of exchange throughout its realm, a system described with astonishment by Marco Polo. Excessive printing later caused severe inflation, contributing to the dynasty's economic difficulties.

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APA
The Epoch Institute. (2026). Chao (currency). In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/chao-currency
MLA
“Chao (currency).” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/chao-currency. Accessed .
Chicago
The Epoch Institute. “Chao (currency).” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/chao-currency.
Harvard
The Epoch Institute (2026) ‘Chao (currency)’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/chao-currency (Accessed: ).

Last reviewed October 2026Random entry ↻