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 conquest of the Song dynasty cleric Xu Zongdao who recorded the Mongol invasion and referred to them as "Northern bandits". The Tran defeated the Mongol invasions of Vietnam. Mongol conquest of the Song dynasty The Mongol conquest of the Song dynasty under Kublai Khan (r. 1260–1294) was the final step for the Mongols to rule the whole of China under the Yuan dynasty. It is also considered the Mongol Empire's last great military achievement. Before the Mongol–Jin War escalated, an envoy from the Song dynasty arrived at the court of the Mongols, perhaps to negotiate a united offensive against the Jin dynasty, who the Song