Bitget App
common_footer.down_desc
common_header.buy_cryptocommon_header.marketscommon_header.tradecommon_header.futurescommon_header.social_tradingcommon_header.grid_tradingcommon_header.earn
base info SpritzMoon Crypto Token

calculator.detail.title

calculator.detail.title_des
spritzmoon
spritzmoon
swap
TWD
coin.update_time (UTC+0)calculator.common.refreshrefresh
widget.page_site
calculator.detail.computed_des

calculator.fiat.title

About the New Taiwan Dollar (TWD)

What Is the New Taiwan Dollar (TWD)?

The New Taiwan Dollar (TWD), symbolized as NT$ and sometimes abbreviated as NT, is the official currency of Taiwan. Its ISO currency code is TWD. Introduced in 1949, it replaced the Old Taiwan Dollar. The basic unit of the TWD is called a yuan, which is further subdivided into ten chiao and 100 fen, though these smaller units are rarely used in everyday transactions. The New Taiwan Dollar is the sole legal tender used for all transactions within Taiwan.

The New Taiwan Dollar (TWD) is issued by the Central Bank of the Republic of China (Taiwan). This central bank took over the issuance of the TWD in the year 2000. Prior to that, from its introduction in 1949 until 2000, the Bank of Taiwan was responsible for issuing the currency. The transition of this responsibility to the Central Bank of the Republic of China marked the TWD's elevation from a provincial to a national currency.

What Is the History of TWD?

The TWD was introduced on June 15, 1949, replacing the Old Taiwan Dollar at a rate of 40,000 to 1. This change aimed to combat the hyperinflation affecting Nationalist China during the Chinese Civil War. The currency's introduction marked a pivotal moment in Taiwan's economic history, laying the foundation for future financial stability.

Notes and Coins of TWD

The TWD is available in various banknotes and coins. Banknotes are issued in denominations of NT$100, NT$200 (seldom used), NT$500, NT$1000, and NT$2000. Coins come in denominations of NT$1, NT$5, NT$10, NT$20 (rarely used), and NT$50.

What Is the Difference Between New Taiwan Dollar And Old Taiwan Dollar?

The New Taiwan Dollar (TWD), introduced in 1949, replaced the Old Taiwan Dollar to combat severe hyperinflation that had gripped Taiwan following World War II. This change occurred when Taiwan transitioned from Japanese to the Republic of China's control, marked by economic instability due to the ongoing civil war in China. The Old Taiwan Dollar, plagued by rapidly declining value, led to the issuance of extremely high denominations, reaching up to 1 million Old Taiwan Dollars by 1949. In stark contrast, the New Taiwan Dollar was introduced at an exchange rate of 1 New Taiwan Dollar to 40,000 Old Taiwan Dollars, a move that was pivotal in stabilizing Taiwan's economy. Initially issued by the Bank of Taiwan, the responsibility for the New Taiwan Dollar was later transferred to the Central Bank of the Republic of China (Taiwan) in 2000, solidifying its status as the national currency and symbolizing a significant step towards economic recovery and stability.

Can You Use TWD in China?

No, the New Taiwan Dollar (TWD) is generally not accepted for regular transactions in Mainland China. In China, the official currency is the Chinese Yuan (CNY), also known as Renminbi (RMB). For everyday transactions in China, such as purchasing goods or services, you would need to use the Yuan.

coin.about_expand
calculator.fiat.text_2

calculator.detail.trend

1D7D1M3M1YAll
calculator.detail.trend_des

calculator.compare.title

calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
NT$0.{4}3250
0.0200% / 0.0320%vip-iconcalculator.compare.vip
coin.update_time(UTC+0)

calculator.right.title

buy-coin-step-0-img
calculator.htb.step1_title
calculator.htb.step1_des
buy-coin-step-1-img
calculator.htb.step2_title
calculator.htb.step2_des
buy-coin-step-2-img
calculator.htb.step4_title
calculator.htb.step4_des

calculator.p2p.buy_title

calculator.p2p.buy_desc3
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.low_to_high
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.p2p.sell_title

calculator.p2p.sell_desc4
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.high_to_low
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.detail.affect_title

calculator.detail.affect_up
calculator.detail.affect_today
calculator.detail.affect_market
$0
calculator.detail.affect_valume
$3.98K
calculator.detail.affect_supply
0 spritzmoon

calculator.detail.conversion_table

calculator.detail.conversion_down
calculator.detail.conversion_des1
calculator.detail.conversion_des2

coin.current_to_local

coin.amount
calculator.detail.time_
0.5 spritzmoon
NT$0.{4}1609
1 spritzmoon
NT$0.{4}3218
5 spritzmoon
NT$0.0001609
10 spritzmoon
NT$0.0003218
50 spritzmoon
NT$0.001609
100 spritzmoon
NT$0.003218
500 spritzmoon
NT$0.01609
1000 spritzmoon
NT$0.03218

coin.current_to_local

coin.amountcalculator.detail.time_
0.5TWD15,535.24  spritzmoon
1TWD31,070.49  spritzmoon
5TWD155,352.43  spritzmoon
10TWD310,704.87  spritzmoon
50TWD1,553,524.33  spritzmoon
100TWD3,107,048.65  spritzmoon
500TWD15,535,243.26  spritzmoon
1000TWD31,070,486.52  spritzmoon

calculator.detail.price_24

coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 spritzmoon$0.{6}5048$0.{6}5047
+0.03%
1 spritzmoon$0.{5}1010$0.{5}1009
+0.03%
5 spritzmoon$0.{5}5048$0.{5}5047
+0.03%
10 spritzmoon$0.{4}1010$0.{4}1009
+0.03%
50 spritzmoon$0.{4}5048$0.{4}5047
+0.03%
100 spritzmoon$0.0001010$0.0001009
+0.03%
500 spritzmoon$0.0005048$0.0005047
+0.03%
1000 spritzmoon$0.001010$0.001009
+0.03%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 spritzmoon$0.{6}5048$0.{6}5050
-0.04%
1 spritzmoon$0.{5}1010$0.{5}1010
-0.04%
5 spritzmoon$0.{5}5048$0.{5}5050
-0.04%
10 spritzmoon$0.{4}1010$0.{4}1010
-0.04%
50 spritzmoon$0.{4}5048$0.{4}5050
-0.04%
100 spritzmoon$0.0001010$0.0001010
-0.04%
500 spritzmoon$0.0005048$0.0005050
-0.04%
1000 spritzmoon$0.001010$0.001010
-0.04%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 spritzmoon$0.{6}5048$0.{6}5004
+0.88%
1 spritzmoon$0.{5}1010$0.{5}1001
+0.88%
5 spritzmoon$0.{5}5048$0.{5}5004
+0.88%
10 spritzmoon$0.{4}1010$0.{4}1001
+0.88%
50 spritzmoon$0.{4}5048$0.{4}5004
+0.88%
100 spritzmoon$0.0001010$0.0001001
+0.88%
500 spritzmoon$0.0005048$0.0005004
+0.88%
1000 spritzmoon$0.001010$0.001001
+0.88%

coin.prediction

coin.prediction_question

price_predict.text_introduce

coin.prediction_question

price_predict.prediction_content

calculator.earn.title

calculator.earn.des
calculator.earn.coin

calculator.earn.apr

calculator.earn.action

calculator.p2p.latest_coins_title

calculator.p2p.latest_coins_desc

faq.title

calculator.faq.question1

calculator.faq.answer1

calculator.faq.question2

calculator.faq.answer2

calculator.faq.question3

calculator.faq.answer3

calculator.faq.question4

calculator.faq.answer4

calculator.faq.question5

calculator.faq.answer5

calculator.faq.question6

calculator.faq.answer6
calculator.detail.disclaimers