Currencies Used 僑批與批銀

Teochew Letters appeared in the early 19th century in fulfillment of a social need during a time when financial and postal services were at best primitive. In the late 20th century, the letters represented an economic lifeline for many families with members living as emigrants abroad. Almost half of all dependents in the Teochew region obtained support for living from overseas remittances received every month. The money received typically accounted for 80% of a household’s income. The letter/remittance industry flourished during an era of great changes in China and the world. As a result of the shifting times, a diversity of currencies were remitted through the Teochew Letters.