Taiwan New Dollar

Taiwan New Dollar

New Taiwan dollar (Chinese: 新臺幣; pinyin: xīn tái bì; sign: NT$; code: TWD) is the official currency of the Republic of China used in the Taiwan and its surrounding islands. It is subdivided into ten jiao (Chinese: 角; pinyin: jiǎo), each of ten fen (Chinese: 分; pinyin: fēn) or cents, although cents are rarely used in practice. The New Taiwan dollars has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars per NT$. In Mandarin, the unit of the dollar is referred to as "元" or "圓" (pinyin: yuán). 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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

22 Taiwan New Dollar to Australian Dollar exchange rates chart

22 TWD to AUD exchange rates graph
22 TWD to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

22 TWD to AUD exchange rates table

Exchange TWD to AUD
22 Taiwan New Dollar = 0.994 Australian Dollar
44 Taiwan New Dollar = 1.989 Australian Dollar
110 Taiwan New Dollar = 4.972 Australian Dollar
220 Taiwan New Dollar = 9.944 Australian Dollar
Exchange Taiwan New Dollar to Australian Dollar
22 Taiwan New Dollar to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best TWD/AUD rate at United Currency Exchange in Melbourne

22 TWD to AUD exchange rates at United Currency Exchange in Melbourne
22 Taiwan New Dollar = 0.977 Australian Dollar
United Currency Exchange
United Currency Exchange

United Currency Exchange was founded in 2006 and firstly established in Victoria, Australia. The company operates specifically as a foreign currency exchange dealer servicing international tourists and budget travellers. As the business operates in financial services industry, United Currency Exchange is committed to deliver excellent customer services as well as professionalism throughout its services. We buy and sell foreign currencies at very competitive exchange rates with no commissions,...

Best TWD/AUD rate at Wexchange in Melbourne

22 TWD to AUD exchange rates at Wexchange in Melbourne
22 Taiwan New Dollar = 0.915 Australian Dollar
Wexchange
Wexchange

The WeXchange service is provided by WeXchange Pty Ltd ABN 52 155 326 846, under AFSL 411932 & AR 472473. We have four locations across Australia equipped with state-of-theart automatic cash counters, and an online store to ensure we are meeting your needs wherever you are, twentyfour hours a day and seven days a week. We welcome all enquiries so contact our friendly service team online or pop in-store today. WeXchange is a foreign exchange service provider that is committed to providing...

Best TWD/AUD rate at HSBC in Taipei

22 TWD to AUD exchange rates at HSBC in Taipei
22 Taiwan New Dollar = 0.976 Australian Dollar
HSBC
HSBC

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...

Best TWD/AUD rate at Bank of Taiwan in Taipei

22 TWD to AUD exchange rates at Bank of Taiwan in Taipei
22 Taiwan New Dollar = 0.973 Australian Dollar
Bank of Taiwan
Bank of Taiwan

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...

22 TWD to AUD exchange rates news

Global stocks gain after Wall Street rally, Japan falls

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3 days indicative negative
New Zealand dollar treads water after wild swings | Scoop News
New Zealand dollar treads water after wild swings | Scoop News

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11 days conditional negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

11 days indicative neutral
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Taipei, Aug. 6 (CNA) As of the end of July, Taiwan's foreign exchange reserves hit a new high, mainly due to increased returns from the central bank's fund management, the bank said Monday.

17 days indicative neutral
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

4 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

15 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

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about 1 month conditional neutral

22 TWD to AUD currency converter