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.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

30 Taiwan New Dollar to US Dollar exchange rates chart

30 TWD to USD exchange rates graph
30 TWD to USD 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.

30 TWD to USD exchange rates table

Exchange TWD to USD
30 Taiwan New Dollar = 0.974 US Dollar
60 Taiwan New Dollar = 1.949 US Dollar
150 Taiwan New Dollar = 4.871 US Dollar
300 Taiwan New Dollar = 9.743 US Dollar
Exchange Taiwan New Dollar to US Dollar
30 Taiwan New Dollar to US 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/USD rate at DBS in Taipei

30 TWD to USD exchange rates at DBS in Taipei
30 Taiwan New Dollar = 0.964 US Dollar
DBS
DBS

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...

Best TWD/USD rate at HSBC in Taipei

30 TWD to USD exchange rates at HSBC in Taipei
30 Taiwan New Dollar = 0.963 US 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/USD rate at Bank of Taiwan in Taipei

30 TWD to USD exchange rates at Bank of Taiwan in Taipei
30 Taiwan New Dollar = 0.964 US 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...

Best TWD/USD rate at LA Currency in Los Angeles

30 TWD to USD exchange rates at LA Currency in Los Angeles
30 Taiwan New Dollar = 0.914 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

30 TWD to USD 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
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

6 days indicative negative
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.

6 days indicative positive
Dollar Slides As US Consumer Inflation Falls

CANBERA (Alliance News) - The US dollar was lower against its most major counterparts in the ...

6 days conditional positive

30 TWD to USD currency converter