About the New Taiwan Dollar
The New Taiwan Dollar was introduced in 1949, replacing the old Taiwan Dollar at a rate of 40,000 to 1, to stabilize the currency after a period of hyperinflation following the Chinese Civil War.
The name 'Dollar' is widely used in the region. 'New' distinguishes it from previous currencies.
Interesting Facts
A Tech Powerhouse Currency
The New Taiwan Dollar's value is strongly tied to Taiwan's leading role in the global technology industry, especially in semiconductor manufacturing.
Sun Yat-sen and Chiang Kai-shek
Banknotes feature important historical figures, including Sun Yat-sen, the founding father of the Republic of China, and Chiang Kai-shek.
Taiwan's Natural Beauty
The reverse sides of the banknotes showcase Taiwan's stunning natural landscapes, including Yu Shan (Jade Mountain) and the Taroko Gorge.
Historical Timeline
The New Taiwan Dollar is introduced.
The Central Bank of the Republic of China (Taiwan) takes over the issuance of the currency from the Bank of Taiwan.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- TWD
- Symbol
- NT$
- Numeric Code
- 901
- Subunit
- Cent (1/100)
- Introduced
- 1949-06-15
Central Bank
- Name
- Central Bank of the Republic of China (Taiwan)
- Headquarters
- Taipei, Taiwan
- Founded
- 1924
- Current Governor
- Yang Chin-long (since 2018)
Economic Data
- Reserve Currency Share
- 0.1%
- Forex Volume Share
- 0.4%
- Inflation Rate
- 1.95%
- Interest Rate
- 2.00%
Exchange Rates
What Affects the TWD Exchange Rate?
Ready to Convert TWD?
Get real-time exchange rates and convert New Taiwan Dollar to any currency.
