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TWD - Taiwan New Dollar

Taiwan, New Dollar

The Taiwan New Dollar is the currency of Taiwan. Our currency rankings show that the most popular Taiwan New Dollar exchange rate is the TWD to USD rate. The currency code for New Dollars is TWD, and the currency symbol is NT$. Below, you'll find Taiwan New Dollar rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read Taiwan New Dollar News, or take TWD rates on the go with our XE Currency Apps and website. More info 

Top TWD Exchange Rates

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Currency Facts

TWD Stats

Name: Taiwan New Dollar

Symbol: NT$ Jiao:

Minor Unit:
1/10 = Jiao

Top TWD Conversion:
TWD/USD

Top TWD Chart:
TWD/USD Chart

TWD Profile

Inflation: 1.1%

Nicknames: kuài, máo, Taibi

Coins:
Freq Used: NT$1, NT$5, NT$10, NT$50
Rarely Used: NT$20

Banknotes:
Freq Used: NT$100, NT$500, NT$1000
Rarely Used: NT$200, NT$2000

Central Bank:
Central Bank of the Republic of China (Taiwan)
Website: http://www.cbc.gov.tw/mp2.html

Users: Taiwan

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Taiwan New Dollar History

Under Japanese rule, the Taiwanese Yen was introduced as the currency of Taiwan in 1895. It was circulated alongside the Japanese Yen with the two currencies valued at par with one another until the Japanese Empire fell, in 1945. A year later, under the Republic of China government, the Taiwan Dollar (known as TWN) replaced the Yen at par. A New Taiwan Dollar was introduced in 1949 in an attempt to counter the hyperinflation. The 'old' Taiwan Dollar was devalued at an extreme exchange rate of 4000 to 1 TWD. In 2000, the New Taiwan Dollar became the official currency of the Republic of China.

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