Why is the Chinese currency called Yuan? Is it because of the Mongol Yuan Dynasty?

Why is the Chinese currency called Yuan? Is it because of the Mongol Yuan Dynasty?

The currency name, although also written as “元”, is actually “圆” with the same pronunciation in Mandarin. This character means “circular/round”, and was an explicit mentioning about shape of Spanish dollars—they were the same rounded shape and weight, reducing the need of weighing silvers in transaction…

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