Science Fair Project Encyclopedia
Yuan of Manchukuo
The Yuan of Manchukuo was a monetary unit created by Japanese economists and military thinkers in June 1932. It was part of the economic and conquest plans based on Manchukuo.
This monetary unit was one basic pure silver Patron of 23.91 grammes, equivalent to 30 cents (in US Dollars) or 1/3 (British shillings and pence). It replaced the Chinese tael of Haikwan , the local monetary system in common and regular use in Manchuria before the Mukden incident.
Initially it was minted by the Bank of Japan (Japanese Central Bank), but later was issued in Hsinking (now Changchun) from the Bank of Manchukuo (Manchoukuoan Central Bank). It became the legal tender, from 1932 to until August 1945.
Last updated: 05-09-2005 18:52:56
12-03-2008 10:22:39
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details