Taiwan New Dollar

Taiwan New Dollar

Taiwan New Dollar overview

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.

1 TWD to USD exchange rates chart

TWD to  exchange rates chart

Taiwan New Dollar news

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
Asian shares lower after Wall Street falls over oil concerns

TOKYO (AP) — Asian shares were mostly lower Wednesday, after the steepest drop in oil prices in more than three years put investors in a selling mood on Wall Street....

indicative neutral
US stocks set for gains after midterm results; dollar slips
US stocks set for gains after midterm results; dollar slips

SINGAPORE (AP) - Asian markets rose on Thursday after the U.S. midterm elections went as expected, soothing fears of a sudden shift on trade and economic policies.

indicative positive
US stocks are mostly higher early trading; Oi...

US stocks are mostly higher early trading; Oil price slumps

indicative neutral
Iran, feeling sanctions bite, looks for outle...
Iran, feeling sanctions bite, looks for outle...

Iran, feeling sanctions bite, looks for outlet in Iraq

conditional positive
Stocks recover from tech sell-off, oil down on Trump warning

Stocks have stabilized after a sell-off led by U.S. technology shares the day before, while oil is down again

conditional neutral
Sterling's Losses Lead Dollar Rally

Overview: The US dollar is enjoying broad gains against most major and emerging market currencies. Sterling, dragged down by Brexit concerns, is.

indicative positive
Police arrest strawberry industry worker over...

Police arrest strawberry industry worker over fruit sabotage

subjunctive neutral
2018 Taiwan Rich List Sees Shake-Up In The Ranks

The wealth of many tycoons in Taiwan fluctuated dramatically and the volatility created lots of turnover in the ranks of the 2018 Forbes Taiwan Rich List. Ten tycoons including three women debuted, four returned after dropping off in recent years and a bumper crop of six new billionaires emerged.

indicative positive

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