Society of the Mongol Empire influences. Genghis Khan authorized the use of paper money shortly before his death in 1227. It was backed by precious metals and silk. The Mongols used Chinese silver ingot as a unified money of public account, while circulating paper money in China and coins in the western areas of the empire such as Golden Horde and Chagatai Khanate. Under Ögedei Khan the Mongol government issued paper currency backed by silk reserves and founded a Department which was responsible for destroying old notes. In 1253, Möngke established a Department of Monetary affairs to control the issuance of paper money in order
Mongol invasions of Georgia the Golden Horde and Hulagu Khan of the Ilkhanate. Part of the larger Toluid Civil War succession conflict between Kubilai and Ariq Böke, the war consisted mainly of raids and invasions carried out by both sides throughout the Caucasus region, with Berke enlisting the aid of the Mamluk Sultanate and Hulagu the aid of the Byzantine Empire. Neither side gained a real advantage, and the conflict ceased after the victory of Kublai and his enthronement as Great Khan. Mongol rule in the Caucasus lasted until the late 1330s. Greater Armenia stayed under Mongol lordship from 1220 to 1344. During that