New Taiwan Dollar Wiki
The New Taiwan Dollar is the official currency of Taiwan. The currency code for New Taiwan Dollar is TWD and the currency symbol is NT$.
The New Taiwan Dollar (sign: NT$; code: TWD) is the currency of Taiwan.
The New Taiwan Dollar (TWD) is used as the official currency in Taiwan.
The capital of Taiwan, Taipei, uses the New Taiwan Dollar as its currency.
About the New Taiwan Dollar
The New Taiwan dollar (code: TWD; symbol: NT$, also abbreviated as NT) is the official currency of Taiwan. The New Taiwan dollar has been the currency of Taiwan since 1949, when it replaced the old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. The basic unit of the New Taiwan dollar is called a yuan (ć) and is subdivided into ten chiao (è§), and into 100 fen (ć) or cents, although in practice both chiao and fen are never actually used.
There are a variety of alternative names for the units in Taiwan. The unit of the dollar is typically informally written with the simpler equivalent character as ć
, except when writing it for legal transactions such as at the bank, when it has to be written as ć. Colloquially, the currency unit is called both ć
(yuĂĄn, literally "circle") and ćĄ (kuĂ i, literally "piece") in Mandarin, çź (khoÍ, literally "hoop") in Hokkien, and é (ngiĂčn, literally "silver") in Hakka.
The Central Bank of Taiwan has issued the New Taiwan Dollar since 2000. Prior to 2000, the Bank of Taiwan issued banknotes as the de facto central bank between 1949 and 1961, and after 1961 continued to issue banknotes as a delegate of the central bank. The central bank began issuing New Taiwan dollar banknotes in July 2000, and the notes issued by the Bank of Taiwan were taken out of circulation.
With currencyconverts.com, you can convert New Taiwan Dollar (NT$) to any other foreign currency. To convert a certain amount of New Taiwan Dollar, use the currency converter. This page provides free online information about currency conversion or exchange rates for world fiat currencies. The exchange rate for New Taiwan Dollar is calculated from the mid-market real price and updates daily. Usually, people search for the TWD exchange rate before business travel to Taiwan or during a trip to other countries, and want to check the rate of New Taiwan Dollar in local money. On this page, you can convert New Taiwan Dollar to main foreign currencies, get fast access to the most commonly used amounts of TWD, or alternatively calculate any amount of New Taiwan Dollar in other fiat money.