Taiwanese dollar
| New Taiwan dollar | |
|---|---|
| (Taiwanese Mandarin) | |
NT$100 banknote obverse (1999 series)
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| ISO 4217 | |
| Code | TWD |
| Number | 901 |
| Exponent | 2 |
| Denominations | |
| Subunit | |
| 1⁄10 |
角 jiǎo |
| 1⁄100 |
cent (分, fēn) Subunits used only in stocks and currencies, and rarely referred to in such cases. |
| Plural | dollars (English only) The language(s) of this currency does not have a morphological plural distinction. |
| cent (分, fēn) | cents (English only) |
| Symbol | NT$ or $ |
| Nickname | kuài (塊) or yuán (元, 圓) |
| 角 | máo (毛) |
| Banknotes | |
| Freq. used | NT$100, NT$500, NT$1000 |
| Rarely used | NT$200, NT$2000 |
| Coins | |
| Freq. used | NT$1, NT$5, NT$10, NT$50 |
| Rarely used | NT$20 |
| Demographics | |
| Date of introduction | June 15, 1949 |
| Replaced | Old Taiwan dollar |
| User(s) |
 Taiwan
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| Issuance | |
| Central bank | Central Bank of the Republic of China (Taiwan) |
| Website | www |
| Printer | China Engraving and Printing Works |
| Website | www |
| Mint | Central Mint |
| Website | www |
| Valuation | |
| Inflation | 1.24% |
| Source | [1], May 2016 |
| Method | CPI |
| New Taiwan dollar Also Spelled in Taiwanese Mandarin Taiwān Cheng Wan Hiyan Dollar Cang :13$ , 78$ Shib Dollar (Mandarin) |
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| Traditional Chinese | 新臺幣 or 新台幣 | ||||||||||||||||||
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| Simplified Chinese | 新台币 | ||||||||||||||||||
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| Alternative Chinese name | |||||||||||||||||||
| Chinese | 新臺票 | ||||||||||||||||||
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New Taiwan dollar (Chinese: 新臺幣; pinyin: xīn tái bì; sign: NT$; code: TWD) is the official currency of Taiwan. It is subdivided into 100 cents (Chinese: 分; pinyin: fēn), although cents are rarely used in practice. The New Taiwan dollars has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars per NT$. 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 dollars. While the Bank of Taiwan issued banknotes prior to 2000, it was also the de facto central bank between 1949 and 1961.
In Chinese, the "New" is only added in formal contexts where it is necessary to avoid any ambiguity, even though ambiguity is virtually non-existent today. These contexts include banking, contracts, or foreign exchange. The unit name in Chinese is yuán. In Taiwan, the character for yuan can be written in either of two forms: 元 or 圓, which are interchangeable. Colloquial alternatives for the currency unit include the Mandarin kuài (塊), meaning "piece", and the Taiwanese Hokkien kho͘ (箍; literally "circle").
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Wikipedia