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.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

4 Taiwan New Dollar to Danish Krone exchange rates chart

4 TWD to DKK exchange rates graph
4 TWD to DKK 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.

4 TWD to DKK exchange rates table

Exchange TWD to DKK
4 Taiwan New Dollar = 0.854 Danish Krone
8 Taiwan New Dollar = 1.709 Danish Krone
20 Taiwan New Dollar = 4.272 Danish Krone
40 Taiwan New Dollar = 8.543 Danish Krone
Exchange Taiwan New Dollar to Danish Krone
4 Taiwan New Dollar to Danish Krone 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.

4 TWD to DKK exchange rates news

Asian stocks lower after Wall Street fall, Brexit approval

Asian stocks lower after Wall Street falls for fifth day and British Cabinet endorses Brexit deal

conditional negative
Economy to slow due to stock volatility, trade war - Taipei Times

Taiwan’s economy is expected to slow over the next six months, due to volatility in global equity markets and the escalating trade war between the US and China, German think tank the Ifo Institute said on Monday last week.

conditional neutral
Stocks mostly rise but Europe weighed down by Brexit discord

Global stocks are mostly higher, but European markets are down as discord within the British government threatened a newly agreed Brexit deal.

conditional neutral
Asia shares mixed on uncertainty over trade t...

Asia shares mixed on uncertainty over trade tensions

indicative positive
Retailers, homebuilders lead early slide in U...

Retailers, homebuilders lead early slide in US stocks

indicative neutral
Melbourne Airport security should take a bow

Melbourne Airport security should take a bow. Its system outperformed that of Adelaide, Sydney, Dallas, New York and Los Angeles.

conditional neutral
Major curriencies up

Uniindia: Mumbai, Nov 12 (UNI) Following were the indicative currency<br />rates and travellers'' cheques buying and selling rates per<br />unit.

indicative neutral
Major curriencies down

Uniindia: Mumbai, Nov 13 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

indicative neutral

4 TWD to DKK currency converter