Dinar - 'Ilkhan' Gaykhatu Khan Post-Mongol Iran, Afghanistan and Central Asia

Gaykhatu's reign is best remembered for a fiscal catastrophe. In 1294, facing treasury collapse, he introduced chao — paper money modeled on Chinese practice under the Yuan — making the Ilkhanate the only Islamic polity ever to attempt paper currency. The experiment lasted roughly two months before bazaars shuttered entirely and the population refused the notes outright. Gold coinage like this dinar was briefly suspended during that period, making pre-chao strikes the last hard money many merchants handled before the crisis.