New Taiwan Dollar (TWD) Exchange Rates on 28th January 2020 (28/01/2020)
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Exchange rates for New Taiwan Dollar (TWD)
| Updated: 2020-01-28 | |||||||||
| Convert from | Convert to | 1 TWD | Conversion | in currency | Conversion | ||||
 TWD |
 GBP |
0.0255 | TWD to GBP | 39.2374 | GBP to TWD | ||||
| TWD |
 BGN |
0.059 | TWD to BGN | 16.9582 | BGN to TWD | ||||
| TWD |
 HRK |
0.2244 | TWD to HRK | 4.4555 | HRK to TWD | ||||
| TWD |
 CZK |
0.7617 | TWD to CZK | 1.3129 | CZK to TWD | ||||
| TWD |
 DKK |
0.2254 | TWD to DKK | 4.4371 | DKK to TWD | ||||
| TWD |
 EEK |
0 | TWD to EEK | 0 | EEK to TWD | ||||
| TWD |
 HUF |
10.1723 | TWD to HUF | 0.0983 | HUF to TWD | ||||
| TWD |
 KZT |
12.6672 | TWD to KZT | 0.0789 | KZT to TWD | ||||
| TWD |
 LVL |
0.0201 | TWD to LVL | 49.7487 | LVL to TWD | ||||
| TWD |
 LTL |
0.0981 | TWD to LTL | 10.1914 | LTL to TWD | ||||
| TWD |
 MKD |
1.858 | TWD to MKD | 0.5382 | MKD to TWD | ||||
| TWD |
 MDL |
0.5868 | TWD to MDL | 1.7042 | MDL to TWD | ||||
| TWD |
 NOK |
0.3036 | TWD to NOK | 3.2935 | NOK to TWD | ||||
| TWD |
 PLN |
0.129 | TWD to PLN | 7.7524 | PLN to TWD | ||||
| TWD |
 RON |
0.1442 | TWD to RON | 6.9357 | RON to TWD | ||||
| TWD |
 RUB |
2.0884 | TWD to RUB | 0.4788 | RUB to TWD | ||||
| TWD |
 SKK |
0 | TWD to SKK | 0 | SKK to TWD | ||||
| TWD |
 SEK |
0.3198 | TWD to SEK | 3.1267 | SEK to TWD | ||||
| TWD |
 CHF |
0.0323 | TWD to CHF | 30.9976 | CHF to TWD | ||||
| TWD |
 TRY |
0.1975 | TWD to TRY | 5.0637 | TRY to TWD | ||||
| TWD |
 UAH |
0.8179 | TWD to UAH | 1.2227 | UAH to TWD | ||||
New Taiwan Dollar (TWD)
Sign NT$
1 New Taiwan Dollar is subdivided into 100 cents.
The New Taiwan Dollar is the official currency of Taiwan. Banknotes for the dollar are issued in denominations of NT20, NT100, NT200, NT500, NT1,000 and NT2,000. Coins are issued in denominations of NT1, NT5, NT10 and NT50. While many countries in Asia share different currencies, Taiwan is the only country that uses the New Taiwan dollar and uses no other currency.
Coins used:
-frequently $1, $5, $10, $50
-rarely $20
Banknotes used:
-frequently $100, $500, $1000
-rarely $200, $2000
Central Bank
Central Bank of the Republic of China
http://www.cbc.gov.tw
Those looking for foreign currency exchange when visiting Taiwan should check local banks. Those from other countries are permitted to open a local bank account even without having an ARC if they obtain an identification number from a local police department. ATMs are located at various banks, convenience stores and many hotels and airports. ATMs offer cash withdrawals from international accounts and funds are dispersed in local currency. Most have access to international Cirrus and Plus networks and offer options in the English language. Some ATMs also provide access to Star, Interlink and Accel networks. Limits may be placed on the amount of cash that can be withdrawn from a single account per day and fees are often charged for transactions. Most banks on the island charge a fee of NT7 per cash withdrawal transaction.
The US Dollar is the most widely accepted form of cash other than the New Taiwan dollar. Banks offer foreign currency exchange and there are a number of desks located in airports and hotels that offer this service as well. Most banks provide information on the current rate of exchange or visitors can check local newspapers for this information. Money changers are not as commonly seen in Taiwan as they are in other countries so banks and hotel desks are the best option for foreign currency exchange.
Credit cards are accepted for most purchases and for hotels and restaurants in larger cities. Cheap hotels typically accept only cash for rooms that cost less than NT1,000 per night. Smaller delis and restaurants may not be set up to accept credit cards so having access to cash is a good idea when visiting the island.
Traveler’s checks are widely accepted, provided they are in US dollars. Those in US dollars offer a much lower rate of exchange than those in other currencies, although most banks will accept traveler’s checks in other currencies. Those that do cash these checks may offer low exchange rates but charge a hefty commission. Visitors should be sure to check rates and commission fees before every transaction.
Other References
Wikipedia article on New Taiwan Dollar
XE.com Live Currency Converter for TWD
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