The Currency Directory

New Taiwan Dollar (TWD)

The New Taiwan Dollar is issued by the Central Bank of the Republic of China (Taiwan).

Alphabetic code
TWD
Numeric code
901
Symbol
NT$
Minor units
2
Example
NT$1,234.50
Used in
Taiwan

History

  1. 1946 The Bank of Taiwan starts issuing Taiwan dollars on 22 May to replace the Taiwanese yen.
  2. 1949 On 15 June a currency reform introduces the New Taiwan dollar at one new dollar for 40,000 old Taiwan dollars after severe inflation.

Live exchange rates

Sources