How much is a tael of silver in ancient times equivalent to today?

Updated on history 2024-04-21
5 answers
  1. Anonymous users2024-02-08

    Some people have proposed that the exchange ratio of ** and ** copper coins is 1 tael of gold = 10 taels of silver = 10 copper coins = 10,000 copper coins, which is basically in line with the situation of each dynasty.

    In the history of our country, the monetary value of silver taels in various dynasties is not the same, and we can take a simple method when calculating, equivalent exchange. For us Chinese, rice has been the same commodity for people's livelihood since ancient times, so we can use historical rice prices to estimate the value of silver. According to records, during the Wanli period of the Ming Dynasty, one tael of silver could buy two stones of rice, and one stone at that time was about kilograms, that is, one tael of silver could buy kilograms of rice, that is, catties.

    The Tang Dynasty, as the most prosperous dynasty in the world at that time, had a very developed economy and a very high level of people's economy, but in fact, a stone of rice in the Tang Dynasty could be sold for 50 yuan, and a stone was 118 catties, and a tael was 1,000 yuan, so a tael of silver was equivalent to about 5,900 yuan of purchasing power now. In the Song Dynasty, one tael of silver could only buy 4-8 stone of rice, and one tael of silver at this time was about 1,300 yuan now. In the same way, with the change of the times, the value of silver is also constantly changing, and in the Ming Dynasty, one tael of silver could only be about 950 yuan.

    In the Qing Dynasty, which we are most familiar with, according to historical records, one stone but one meter in the south of the Yangtze River is about equal to two **, so one tael ** is about 214 yuan.

    Because the purchasing power of silver is different at different times, if the money will depreciate after inflation, the price of silver in different dynasties is high and low, like in the Qing Dynasty, one or two pieces of silver were about 150 to 220 yuan, and in the Ming Dynasty, it was about 600 800 yuan, and the price of silver in the Ming Dynasty was about 600 1300 yuan. Therefore, the price of silver in different periods is different, and it must be converted according to the purchasing power at that time.

  2. Anonymous users2024-02-07

    We all know that the price level in ancient times was much lower than it is now. In the Ming and Qing dynasties, silver replaced copper as the most widely circulated currency. So how much is this silver worth?

  3. Anonymous users2024-02-06

    In ancient times, one tael of silver should be equivalent to more than 100 yuan in RMB. That's about it.

  4. Anonymous users2024-02-05

    In ancient times, there were different dynasties, and one or two pieces of silver in different dynasties are different in modern times. It depends on the level of inflation at that time, and it also depends on the purchasing power at that time. A tael of silver in the Qing Dynasty was equivalent to about 150 to 200 yuan in modern times, and a tael of silver in the middle of the Ming Dynasty was equivalent to about 600 to 800 yuan in modern times.

  5. Anonymous users2024-02-04

    It can be calculated that the current price of the international ** is about yuan per gram, and a tael of silver in ancient times is about 40 grams, so if you calculate it, a tael of silver is about 148 yuan in modern times.

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