Taipei overview

Taipei (/ˌtaɪˈpeɪ/),[4] officially known as Taipei City, is the capital[a] and a special municipality of Taiwan (officially known as the Republic of China, "ROC"). Sitting at the northern tip of the island, Taipei City is an enclave of the municipality of New Taipei City that sits about 25 km (16 mi) southwest of the northern port city Keelung. Most of the city is located in the Taipei Basin, an ancient lakebed. The basin is bounded by the relatively narrow valleys of the Keelung and Xindian rivers, which join to form the Tamsui River along the city's western border.[5]

The city proper is home to an estimated population of 2,704,810 (2015),[6] forming the core part of the Taipei–Keelung metropolitan area, which includes the nearby cities of New Taipei and Keelung with a population of 7,047,559,[6][7] the 40th most-populous urban area in the world—roughly one-third of Taiwanese citizens live in the metro district. The name "Taipei" can refer either to the whole metropolitan area or the city proper.

Taipei is the political, economic, educational, and cultural center of Taiwan and one of the major hubs in East Asia. Considered to be a global city,[8] Taipei is part of a major high-tech industrial area.[9] Railways, high-speed rail, highways, airports, and bus lines connect Taipei with all parts of the island. The city is served by two airports – Taipei Songshan and Taiwan Taoyuan. Taipei is home to various world-famous architectural or cultural landmarks, which include Taipei 101, Chiang Kai-shek Memorial Hall, Dalongdong Baoan Temple, Hsing Tian Kong, Lungshan Temple of Manka, National Palace Museum, Presidential Office Building, Taipei Guest House, Ximending, and several night markets dispersed throughout the city. Natural features such as Maokong, Yangmingshan, and hot springs are also well known to international visitors.

In English-language news reports the name Taipei often serves as a synecdoche referring to Taiwan's national government. Due to the ambiguous political status of Taiwan internationally, the term Chinese Taipei is also sometimes pressed into service as a synonym for the entire country, as when Taiwan's government representatives participate in international organizations or Taiwan's athletes participate in international sporting events.

Best TWD exchange rates at HSBC in Taipei

Exchange TWD HSBC Buy HSBC Sell
US Dollar 30.540 31.140
Euro 34.652 35.635
British Pound 39.098 40.789
Australian Dollar 21.838 22.499
New Zealand Dollar
Hong Kong Dollar 3.804 4.059
Canadian Dollar
Singapore Dollar
Swiss Franc
Japanese Yen 0.276 0.288
Swedish Krona
South African Rand
Chinese Yuan Renminbi 4.432 4.677
HSBC
HSBC
Taipei

Established in Hong Kong and Shanghai in 1865, The Hongkong and Shanghai Banking Corporation Limited is the founding and a principal member of the HSBC Group which, with offices in 67 countries and territories is one of the world’s largest banking and financial services organisations. Its original Chinese nickname, “Wayfoong”, translates as ‘focus of wealth’ or ‘abundance of remittances’. HSBC's presence in Taiwan dates back to 1885 when The Hongkong and Shanghai Banking Corporation Limited...

HSBC Buy rate – this is the rate at which HSBC buy foreign currency back from travellers to exchange into local currency. For example, if you were returning from America, we would exchange your dollars back into euros at the buy rate.

HSBC Sell rate – this is the rate at which HSBC sell foreign currency in exchange for local currency. For example, if you were heading to Canada, you would exchange your currency for Canadian dollars at the sell rate.

Best TWD exchange rates at DBS in Taipei

Exchange TWD DBS Buy DBS Sell
US Dollar 30.599 31.102
Hong Kong Dollar 3.882 3.984
British Pound
Australian Dollar
Canadian Dollar
Singapore Dollar 22.548 22.954
Swiss Franc
Japanese Yen 0.279 0.285
Thai Baht
New Zealand Dollar
Chinese Yuan Renminbi 4.460 4.647
Euro 34.620 35.770
Swedish Krona
DBS
DBS
Taipei

DBS Group Holdings Ltd is one of the largest financial services groups in Asia. Listed and headquartered in Singapore, DBS has operations in 18 markets with a network comprising more than 280 branches / outlets. The bank's strong capital position, as well as "AA-" and "Aa1" credit ratings that are among the highest in the Asia-Pacific region, earned it Global Finance's "Safest Bank in Asia" accolade for nine consecutive years, from 2009 to 2017. In 2016, DBS is also named the World’s Best...

DBS Buy rate – this is the rate at which DBS buy foreign currency back from travellers to exchange into local currency. For example, if you were returning from America, we would exchange your dollars back into euros at the buy rate.

DBS Sell rate – this is the rate at which DBS sell foreign currency in exchange for local currency. For example, if you were heading to Canada, you would exchange your currency for Canadian dollars at the sell rate.

Best TWD exchange rates at Bank of Taiwan in Taipei

Exchange TWD Bank of Taiwan Buy Bank of Taiwan Sell
US Dollar 30.420 31.110
Hong Kong Dollar 3.765 3.981
British Pound 38.750 40.870
Australian Dollar 21.780 22.560
Canadian Dollar 22.750 23.660
Singapore Dollar 22.160 23.070
Swiss Franc 30.200 31.400
Japanese Yen 0.273 0.286
South African Rand
Swedish Krona 3.040 3.560
New Zealand Dollar 20.400 21.250
Thai Baht 0.850 1.038
Philippine Peso 0.514 0.647
Indonesian Rupiah 0.002 0.003
Euro 34.310 35.650
South Korean Won 0.026 0.030
Vietnamese Dong 0.001 0.001
Malaysian Ringgit 6.408 8.038
Chinese Yuan Renminbi 4.451 4.613
Bank of Taiwan
Bank of Taiwan
Taipei

The Bank of Taiwan (BOT) was established on May 20, 1946 as the first government-owned bank following the island's restoration to the Republic of China in 1945. During much of its operating history, it has been under the administration of the Taiwan Provincial Government. Following the phase out of the Taiwan Provincial Government on Dec. 21, 1998, the Bank was subsequently taken over by the central government of the Republic of China and placed under the administration of the Ministry of...

Bank of Taiwan Buy rate – this is the rate at which Bank of Taiwan buy foreign currency back from travellers to exchange into local currency. For example, if you were returning from America, we would exchange your dollars back into euros at the buy rate.

Bank of Taiwan Sell rate – this is the rate at which Bank of Taiwan sell foreign currency in exchange for local currency. For example, if you were heading to Canada, you would exchange your currency for Canadian dollars at the sell rate.

Taipei news

Lawmakers agree to begin next session on Feb. 15 - Taipei Times

The legislative caucuses yesterday agreed to ask Premier Su Tseng-chang (蘇貞昌) to give an administrative report at the legislature on Feb. 15, when the next legislative session begins.

about 15 hours conditional neutral
NT$223 million Power Lottery winning ticket sold in New Taipei City | Society | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 17 (CNA) The sole winning ticket, worth over NT$223 million (US$7.22 million), for the first prize of Thursday's Power Lottery (威力彩), was sold by a lottery store in New Taipei City's Zhonghe District, Taiwan Lottery has announced.

about 15 hours conditional positive
Highlight: No one is a bystander in the #MeToo era - Taipei Times

If you feel strongly about the #MeToo movement against sexual harassment and assault, and are wondering what more you can do to prevent such violence, a workshop Sunday provides a strategy for bystander intervention.

about 15 hours conditional positive
Premier-designate to retain economics team: sources - Taipei Times

Premier-designate Su Tseng-chang (蘇貞昌) is to retain the economics and finance team from the previous Cabinet, but would make changes in other ministries and departments, sources said yesterday.

6 days conditional neutral
China seeks visit with Huawei worker arrested in Poland - Taipei Times

China is seeking consular access for Huawei Technologies Co (華為) employee Wang Weijing (王偉晶), who was arrested in Poland over espionage allegations, state media reported yesterday.

6 days subjunctive neutral
Redistricting in Hsinchu, Pingtung, Tainan, Kaohsiung - Taipei Times

The Central Election Commission yesterday announced a redrawing of legislative districts, adding one seat each to Hsinchu County and Tainan, and cutting one seat each from Pingtung County and Kaohsiung.

7 days indicative neutral
U.S. dollar closes higher on Taipei forex market | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 11 (CNA) The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.020 to close at NT$30.802.

7 days indicative positive
Audrey Tang’s fee announcement surprises Expedia - Taipei Times

People making hotel reservations and booking flight tickets on Expedia.com with their credit cards would no longer need to pay cross-border transaction fees, Minister Without Portfolio Audrey Tang (唐鳳) announced on Facebook on Monday.

8 days conditional positive
Threat of force elicits combat drill response - Taipei Times

The Ministry of National Defense yesterday — a week after Chinese President Xi Jinping (習近平) reasserted China’s right to use force against Taiwan — made public this year’s schedule of combat drills designed to boost the military’s readiness.

8 days imperative neutral

Taipei currency converter