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.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

2 Taiwan New Dollar to South African Rand exchange rates chart

2 TWD to ZAR exchange rates graph
2 TWD to ZAR 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.

2 TWD to ZAR exchange rates table

Exchange TWD to ZAR
2 Taiwan New Dollar = 0.900 South African Rand
4 Taiwan New Dollar = 1.800 South African Rand
10 Taiwan New Dollar = 4.499 South African Rand
20 Taiwan New Dollar = 8.999 South African Rand
Exchange Taiwan New Dollar to South African Rand
2 Taiwan New Dollar to South African Rand 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.

2 TWD to ZAR exchange rates news

Global stocks gain after Wall Street rally, Japan falls

Global stock markets rise after Wall Street's rally, Japan falls, oil prices rebound strongly

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

Jan. 4 (BusinessDesk) - The New Zealand dollar is little changed as investors weigh recent extreme volatility and look for some direction from United States equities markets and US employment data due out overnight.

13 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.

13 days indicative neutral
Taiwan's forex reserves hit new high in July | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

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.

19 days indicative neutral
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 1 month conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive

2 TWD to ZAR currency converter