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
Kublai Khan Then he married Chabi of the Khongirad, who was his most beloved empress. After Chabi's death in 1281, Kublai married Chabi's young cousin, Nambui, presumably in accordance with Chabi's wish. Kublai and his wives' children included: Kublai's seizure of power in 1260 pushed the Mongol Empire into a new direction. Despite his controversial election, which accelerated the disunity of the Mongols, Kublai's willingness to formalize the Mongol realm's symbiotic relation with China brought the Mongol Empire to international attention. Kublai and his predecessors' conquests were largely responsible for re-creating a unified, militarily powerful China. The Mongol rule of Tibet, Manchuria,