New Taiwan Dollar Wiki
The New Taiwan dollar (Chinese: 新臺幣; pinyin: Xīntáibì; Pe̍h-ōe-jī: Sin-tâi-phiò; code: TWD; symbol: NT$, also abbreviated as NT) is the official currency of the Republic of China (ROC) used in the Taiwan Area. Formally, one dollar (圓) is divided into ten dimes (角), and to 100 cents (分), although cents are never used in practice. The New Taiwan dollars has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. There are a variety of alternative names to the units in Taiwan. The unit of dollar is usually written in simpler form as 元. Colloquially, the currency unit is called 塊 (kuài, literally "piece") in Mandarin, 箍 (kho͘, literally "hoop") in Taiwanese Hokkien, and 銀 (ngiùn, literally "silver") in Hakka. Since the year 2000, the Central Bank of the Republic of China (Taiwan) is the central bank of Taiwan, which currently issues the New Taiwan dollar. While the Bank of Taiwan issued banknotes prior to 2000, it was also the de facto central bank between 1949 and 1961. With currencyconverts.com you can convert New Taiwan Dollar ($) to any other foreign currency. To convert a certain amount of New Taiwan Dollar use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for New Taiwan Dollar is calculated from mid-market real price and updates daily. Usually people search for TWD exchange rate before business travel to Taiwan, or during trip to other countries and want to check 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 most used amounts of TWD or aether calculate any amount of New Taiwan Dollar in other fiat money.