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契丹在建国前,社会正处于向封建社会转化的过渡时期,生产力和生产关系还比较落后。在铜钱铸造之前,契丹的商业活动曾长期处在物物交换的状态,交换的物品有牛、羊、马、布帛等。甚至到了辽国末年,其边疆地区与女真贸易时,仍然以物易物,没有使用货币。但到了五代时期,受汉族先进文化的影响,辽开始设立官制、发展生产,逐渐由自然经济向商品货币经济过渡。这一时期充当货币的主要有布帛、铜钱。开始使用白银至迟是从辽初的穆宗朝起,时白银
Before the founding of the Khitan society, the society was in the transition period to the feudal society, and its productive forces and production relations were still relatively backward. Prior to the casting of coins, Khitan’s commercial activities had long been in the state of exchange of barter with cattle, sheep, horses, cloths and the like. Even in the last years of the Liao nation, when the border areas were trading with Jurchen, they still used barter and did not use the currency. However, by the Five Dynasties period, influenced by the advanced culture of the Han, Liao began to set up an official system to develop production and gradually transition from the natural economy to the commodity-currency economy. This period as a currency mainly cloth, copper money. Beginning to use silver at the earliest from the early Muzong Liao, silver