View source for New Taiwan dollar

{{Short description|Currency of Taiwan}}
{{Redirect|TWD}}
{{Redirect2|Taiwan dollar|Taiwanese currency||Currency of Taiwan (disambiguation)}}
{{Use dmy dates|date=February 2020}}{{Infobox currency
| name = New Taiwan dollar
| image_1 = 
| image_title_1 = '''Banknotes of the New Taiwan dollar'''
| local_name = {{nobold|{{linktext|新臺幣}}}}{{efn native lang|tw|name=word1
  |t=新臺幣
  |p=Xīntáibì
  |m=Sin-tâi-pè
  |s=Sîn-thòi-pi
  |y=Sāntòihbaih
  |j=san1 toi4 bai6}}
| iso_code = TWD
| subunit_ratio_1 = {{frac|10}}
| subunit_name_1 = Jiǎo ({{lang|zh-tw|角}})
| subunit_inline_note_1 = 
| subunit_ratio_2 = {{frac|100}}
| subunit_name_2 = Fēn ({{lang|zh-tw|分}})
| subunit_inline_note_2 = Subunits used only in stocks and currency transactions, and are rarely referred to
| unit = [[Yuan (currency)|yuan]] ({{lang|zh-tw|圓}})
| symbol = NT$,  {{lang|zh-tw|元}}, [[Dollar sign|$]]
| nickname = [[Taiwanese Mandarin|Mandarin]]: {{lang|zh-tw|元}} (yuán), {{lang|zh-tw|塊}} (kuài)<br />[[Taiwanese Hokkien|Hokkien]]: {{lang|zh-tw|箍}} (kho͘ )<br />[[Taiwanese Hakka|Hakka]]: {{lang|zh-tw|銀}} (ngiùn)
| nickname_subunit_1 = [[Taiwanese Mandarin|Mandarin]]: {{lang|zh-tw|毛}} (máo)<br />[[Taiwanese Hokkien|Hokkien]]: {{lang|zh-tw|角}} (kak)<br />[[Taiwanese Hakka|Hakka]]: {{lang|zh-tw|角}} (kok)
| nickname_subunit_2 = [[Taiwanese Hokkien|Hokkien]]: {{lang|zh-tw|仙}} (sian)<br />[[Taiwanese Hakka|Hakka]]: {{lang|zh-tw|仙}} (siên)
| no_plural = y
| used_coins = $1, $5, $10, $20, $50
| used_banknotes = $100, $200, $500, $1,000, $2,000
| date_of_introduction = {{date|1949-06-15}}
| replaced_currency = [[Old Taiwan dollar]]
| using_countries = {{ROC}}
| issuing_authority = [[Central Bank of the Republic of China (Taiwan)]]
| issuing_authority_website = {{URL|www.cbc.gov.tw}}
| printer = [[Central Engraving and Printing Plant]]
| printer_website = {{URL|www.cepp.gov.tw}}
| mint = [[Central Mint]]
| mint_website = {{URL|www.cmc.gov.tw}}
| inflation_rate = 0.85%
| inflation_source_date = [http://eng.stat.gov.tw/ct.asp?xItem=12092&ctNode=1558&mp=5] 2008–2018
| inflation_method = [[Consumer price index|CPI]] 10-year average
}}
{{Infobox Chinese
| title = New Taiwan dollar
| t = 新臺幣
| s = 新台币
| first = t
| p = Xīntáibì
| w = Hsin<sup>1</sup>-t'ai<sup>2</sup>-pi<sup>4</sup>
| j = san<sup>1</sup> toi<sup>4</sup> bai<sup>6</sup>
| y = Sāntòihbaih
| poj = Sin-tâi-pè
| phfs = Sîn-thòi-pi
| c2 = 新臺票
| poj2 = Sin-tâi-phiò
| phfs2 = Sîn-thòi-phêu
| y2 = Sāntòihpiu
}}

The '''New Taiwan dollar'''{{efn native lang|tw|name=word1}} ([[ISO 4217|code]]: '''TWD'''; [[currency symbol|symbol]]: '''NT$''' or '''$''', also abbreviated as '''NT''' or '''NTD'''), or the '''Taiwan dollar''', is the official [[currency]] of the [[Taiwan|Republic of China]] (Taiwan). Usually, the [[dollar sign|$]] sign precedes the amount, but NT$ is used to distinguish from other currencies named [[dollar]]. The New Taiwan dollar has been the currency of the [[Geography of Taiwan|island of Taiwan]] since 1949, when it replaced the [[old Taiwan dollar]], at a rate of 40,000 old dollars per one new dollar.<ref>{{cite news |last=Chuang |first=Chi-ting |url=https://www.taipeitimes.com/News/local/archives/2001/02/17/74035 |title=Legislator pans new bank notes |newspaper=Taipei Times |date={{date|2001-02-17}} |page=4}}</ref> The base unit of the New Taiwan dollar is called a [[Yuan (currency)|yuan]] ({{lang|zh-tw|圓}}), subdivided into ten [[Jiao (currency)|jiao]] ({{lang|zh-tw|角}}) or 100 [[Fen (currency)|fen]] ({{lang|zh-tw|分}}), although in practice neither jiao nor fen are used.

There are a variety of alternative names for the units in Taiwan. The unit of the dollar is typically informally written with the simpler equivalent [[Chinese character|character]] as {{lang|zh-tw|{{linktext|元}}}}, except when writing it for legal transactions such as at the bank, when it has to be written as the [[homophone|homophonous]] {{lang|zh-tw|圓}}. Colloquially, the currency unit is called both {{lang|zh-tw|{{linktext|元}}}} (''yuán'', literally "round") and {{lang|zh-tw|{{linktext|塊}}}} (''kuài'', literally "piece") in [[Taiwanese Mandarin|Mandarin]], {{lang|nan|{{linktext|箍}}}} (''kho͘'', literally "hoop") in [[Taiwanese Hokkien|Hokkien]], and {{lang|hak|{{linktext|銀}}}} (''ngiùn'', literally "silver") in [[Taiwanese Hakka|Hakka]].

The [[Central Bank of the Republic of China (Taiwan)]] has issued the New Taiwan Dollar since 2000. Prior to 2000, the [[Bank of Taiwan]] issued [[banknote]]s as the ''[[de facto]]'' central bank between 1949 and 1961, and after 1961 continued to issue banknotes as a delegate of the central bank. The central bank began issuing New Taiwan dollar banknotes in {{date|July 2000}}, and the notes issued by the Bank of Taiwan were taken out of circulation.<ref>{{cite news |author1=Han Cheung |title=Taiwan in Time: How the New Taiwan dollar became the national currency |url=https://www.taipeitimes.com/News/feat/archives/2024/06/09/2003819079 |access-date={{date|2024-06-16}} |work=Taipei Times |date={{date|2024-06-09}} }}</ref>

==Terminology==
{|class=wikitable
!colspan=2| !![[Taiwanese Mandarin|Mandarin]]!![[Taiwanese Hokkien]]!![[Taiwanese Hakka|Hakka]]!!English!!Symbol
|-
!rowspan=2|Currency name!!Formal
|{{lang|zh-tw|新臺幣}} (Xīntáibì)||{{lang|zh-tw|新臺票}} (Sin-tâi-phiò)||{{lang|zh-tw|新臺幣}} (Sîn-thòi-pi)||rowspan=2|New Taiwan Dollar||rowspan=2|NTD, TWD
|-
!Other
|{{lang|zh-tw|臺幣}} (Táibì)||{{lang|zh-tw|臺票}} (Tâi-phiò)||{{lang|zh-tw|臺幣}} (Thòi-pi)
|-
!rowspan=2|Unit name!!Formal
|{{lang|zh-tw|圓}} (yuán)||rowspan=2|{{lang|zh-tw|箍}} (kho͘ )||rowspan=2|{{lang|zh-tw|銀}} (ngiùn), {{lang|zh-tw|箍}} (khiêu)||rowspan=2|dollar||rowspan=2|$
|-
!Other
|{{lang|zh-tw|元}} (yuán), {{lang|zh-tw|塊}} (kuài)
|-
!rowspan=2|{{frac|10}} Unit name!!Formal
|{{lang|zh-tw|角}} (jiǎo)||rowspan=2|{{lang|zh-tw|角}} (kak)||rowspan=2|{{lang|zh-tw|角}} (kok)||rowspan=2|dime||rowspan=2|角
|-
!Other
|{{lang|zh-tw|毛}} (máo)
|-
!{{frac|100}} Unit name!!
|{{lang|zh-tw|分}} (fēn)||{{lang|zh-tw|仙}} (sian)||{{lang|zh-tw|仙}} (siên) ||cent||¢
|}

The adjective "new" ({{lang|zh-tw|新}}) 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 currency unit name can be written as {{lang|zh-tw|圓}} or {{lang|zh-tw|元}}, which are interchangeable. They are both pronounced ''yuán'' in [[Taiwanese Mandarin|Mandarin]] but have different pronunciations in [[Taiwanese Hokkien]] (îⁿ, goân) and [[Taiwanese Hakka|Hakka]] (yèn, ngièn). The name {{lang|zh-tw|仙}} in [[Taiwanese Hokkien]] and [[Taiwanese Hakka|Hakka]] for cent is a loanword borrowed from English.

In English usage, the New Taiwan dollar is often abbreviated as NT, NT$, or NT dollar, while the abbreviation TWD is typically used in the context of foreign exchange rates. Subdivisions of a New Taiwan dollar are rarely used since practically all products on the consumer market are sold in whole dollars. Nevertheless, electronic transactions and bank statements can be expressed to 1 ''fen'' ($0.01).

==History==
The various currencies called yuan or dollar issued in China, as well as the [[Japanese yen]], were all derived from the [[Spanish dollar|Spanish American silver dollar]], which China imported in large quantities from [[Spanish America]] through [[History of the Philippines (1565–1898)|Spanish Philippines]] in the [[Manila-Acapulco Galleon Trade|Manila–Acapulco Galleon Trade]] from the 16th to 20th centuries. After the use of the [[Spanish dollar]] and silver Chinese yuan in [[Taiwan]], it issued the [[Taiwanese yen]] in 1895, followed by the [[Old Taiwan dollar]] in 1946.

The Bank of Taiwan first issued the New Taiwan dollar on {{date|1949-06-15}} to replace the [[Old Taiwan dollar]] at a ratio of 40,000 to one. The first goal of the New Taiwan dollar was to end the [[hyperinflation]] that had plagued [[Nationalist government|Nationalist China]] due to the [[Chinese Civil War]].

After the communists captured Beijing in {{date|January 1949}}, the Nationalists began to retreat to Taiwan. The government then declared in the [[Temporary Provisions Effective During the Period of Communist Rebellion]] that dollars issued by the Bank of Taiwan would become the new currency in circulation.<ref name="Chuang01">{{cite news |last=Chuang |first=Chi-ting |url=https://www.taipeitimes.com/News/local/archives/2001/02/17/74035 |title=Legislator pans new bank notes |newspaper=Taipei Times |date={{date|2001-02-17}} }}</ref>

Even though the New Taiwan dollar was the [[de facto currency|''de facto'' currency]] of Taiwan, statutes after 1949 still define the [[Silver Dragon (coin)|silver yuan]] or [[Spanish dollar|silver dollar]] as the legal currency, worth NT$3.<ref>{{Cite web | url=https://en.wikisource.org/wiki/Translation:Regulation_for_the_exchange_rate_between_New_Taiwan_Dollars_and_the_fiat_currency_in_the_laws_of_the_Republic_of_China | title=Regulation for the exchange rate between New Taiwan Dollars and the fiat currency in the laws of the Republic of China }}</ref> Many older statutes have fines and fees given in silver yuan. Its value of NT$3 has not been updated despite decades of inflation, making the silver yuan a purely notional currency a long time ago, inconvertible to actual silver.

When the ''Temporary Provisions'' were made ineffective in 1991, the ROC lacked a legal national currency until the year 2000, when the Central Bank of China (CBC) replaced the Bank of Taiwan in issuing NT bills.<ref name="Chuang01" /> In {{date|July 2000}}, the New Taiwan dollar became Taiwan's legal currency. It is no longer secondary to the silver yuan. At this time, the central bank began issuing New Taiwan dollar banknotes, and the notes issued earlier by the Bank of Taiwan were taken out of circulation.

The exchange rate compared to the [[United States dollar]] has varied from less than ten to one in the mid-1950s, more than forty to one in the 1960s, and about twenty–five to one in 1992. The exchange rate as of {{date|2025-09-10}} is NT$30.31 per US$.<ref>{{cite web |last= |title=US Dollar / New Taiwan Dollar |url=https://www.google.com/finance/quote/USD-TWD |url-status=live |archive-url=https://web.archive.org/web/20210701185030/https://www.google.com/finance/quote/USD-TWD |archive-date={{date|2021-07-01}} |access-date={{date|2021-07-01}} |website=Google Finance}}</ref>

==Coins==
The [[Denomination (currency)|denominations]] of the New Taiwan dollar in circulation are:
{|class="wikitable" style="font-size: 90%"
!colspan="9"|Currently Circulating Coins
|- 
!rowspan="2"| Image !!rowspan="2"| Value !!colspan="3"| Technical parameters !!colspan="2"| Description !!colspan="2"| Date of
|-
! Diameter !! Weight !! Composition !! Obverse !! Reverse !! first minting !! issue
|- {{Coin-copper-color}}
| {{Coin-silver-color}} |[https://museum.cbc.gov.tw/web/en-us/circulation/currency/512]
| 50¢ (NT$0.5)|| 18&nbsp;mm || 3 g
| 97% [[copper]]<br /> 2.5% [[zinc]]<br />0.5% [[tin]]
| [[Prunus mume|Mei Blossom]], {{lang|zh-tw|"中華民國XX年"}}<ref>"zhonghua minguo XX", {{lang|zh-tw|"中華民國"}} is the also the state title "Republic of China", an era name of the [[Minguo calendar]].</ref>
|rowspan="2"| Value
|rowspan="2"| 1981<br />([[Minguo calendar|Minguo]] year 70)
| {{date|1981-12-08|ISO}}<ref name="中央銀行發行之貨幣及偵偽鈔辨識">{{cite web |url=http://www.cbc.gov.tw/issue/money/tb1.htm |title=中央銀行發行之貨幣及真偽鈔辨識 |access-date=2015-01-30 |url-status=dead |archive-url=https://web.archive.org/web/20081217152239/http://www.cbc.gov.tw/issue/money/tb1.htm |archive-date={{date|2008-12-17}} }} 中央銀行發行之貨幣及偵偽鈔辨識</ref>
|- {{Coin-copper-color}}
| {{Coin-silver-color}}|[https://museum.cbc.gov.tw/web/en-us/circulation/currency/513]
| NT$1 || 20&nbsp;mm || 3.8&nbsp;g
| 92% [[copper]]<br />6% [[nickel]]<br />2% [[aluminium]]
| [[Chiang Kai-shek]], {{lang|zh-tw|"中華民國XX年"}}
| {{date|1981-12-08|ISO}}<ref name="中央銀行發行之貨幣及偵偽鈔辨識"/>
|- {{Coin-silver-color}}
| [https://museum.cbc.gov.tw/web/en-us/circulation/currency/514]
| NT$5 || 22&nbsp;mm || 4.4&nbsp;g
|rowspan="3"| [[Cupronickel]]<br />75% [[copper]]<br />25% [[nickel]]
|rowspan="2"| [[Chiang Kai-shek]], {{lang|zh-tw|"中華民國XX年"}}
|rowspan="2"| Value
|rowspan="2"| 1981<br />(Minguo year 70)
|rowspan="2"| {{date|1981-12-08|ISO}}<ref name="中央銀行發行之貨幣及偵偽鈔辨識"/>
|- {{Coin-silver-color}}
|rowspan="2"| [https://museum.cbc.gov.tw/web/en-us/circulation/currency/517]
|rowspan="2"| NT$10 
|rowspan="2"| 26&nbsp;mm 
|rowspan="2"| 7.5&nbsp;g
|- {{Coin-silver-color}}

| [[Chiang Kai-shek]], {{lang|zh-tw|"中華民國XX年"}} (1981–2011)<br>[[Sun Yat-sen]], {{lang|zh-tw|"中華民國XX年"}} (2012–present)
| Value, continuous hidden words {{lang|zh-tw|"國泰"}}, {{lang|zh-tw|"民安"}}, continuous hidden Taiwan island and [[Prunus mume|Mei Blossom]] in "0"
| 2011<br />(Minguo year 100)
| {{date|2011-01-11|ISO}}<ref name="中央銀行發行之貨幣及偵偽鈔辨識"/>
|- {{Coin-silver-color}}
| [https://museum.cbc.gov.tw/web/en-us/circulation/currency/62]
| NT$20 || 26.85&nbsp;mm || 8.5&nbsp;g
| Bi-metallic:<br />'''Ring:''' [[Aluminium bronze]] (as $50)<br />'''Centre:''' [[Cupronickel]] (as $10)
| [[Mona Rudao]], {{lang|zh-tw|"莫那魯道"}},<ref>[[Mona Rudao]], anti-Japanese leader of the [[Wushe Incident]].</ref> {{lang|zh-tw|"中華民國XX年"}}
| Traditional canoes used by the [[Tao people]]
| 2001<br />(Minguo year 90)
| {{date|2001-07-09|ISO}}
|- {{Coin-yellow-color}}
| [https://museum.cbc.gov.tw/web/en-us/circulation/currency/283]
| NT$50 || 28&nbsp;mm || 10&nbsp;g
| [[Aluminium bronze]]<br />92% [[copper]]<br />6% [[aluminium]]<br />2% [[nickel]]
| [[Sun Yat-sen]], {{lang|zh-tw|"中華民國XX年"}}
| Latent images of both [[Chinese language|Chinese]] and [[Arabic numerals]] for 50
| 2002<br />(Minguo year 91)
| {{date|2002-04-26|ISO}}<ref>{{cite news | author=郭文平 | script-title=zh:新版50元硬幣 明發行 | url=http://www.libertytimes.com.tw/2007/new/apl/25/today-c4.htm | publisher=自由時報 | date={{date|2007-04-25}} | access-date={{date|2007-11-26}} | language=zh | archive-date=27 March 2020 | archive-url=https://web.archive.org/web/20200327030320/https://www.ltn.com.tw/2007/new/apl/25/today-c4.htm | url-status=dead }}</ref>
|-
|}
Coins are minted by the [[Central Mint]], while notes are printed by the [[Central Engraving and Printing Plant]]. Both are run by the Central Bank. The 50¢ coin is rare because of its low value, while the NT$20 coin is rare because of the government's lack of willingness to promote it.{{citation needed|date=December 2018}} As of 2010, the cost of the raw materials in a 50¢ coin was more than the face value of the coin.

==Banknotes==
{{main|Fifth series of the new Taiwan dollar banknote}}
The current series of banknotes for the New Taiwan dollar began circulation in {{date|July 2000}}. This set was introduced when the  New Taiwan dollar succeeded the silver yuan as the official currency within Taiwan.

The current set includes banknotes for NT$100, NT$200, NT$500, NT$1,000, and NT$2,000. Note that the NT$200 and NT$2,000 banknotes are not commonly used by consumers. This may be due to the tendency of consumers to simply use multiple NT$100 or NT$500 bills to cover the range of NT$200, as well as using multiple NT$1,000 bills or credit/debit cards instead of the NT$2,000 bill. Lack of government promotion may also be a contributing factor to the general lack of usage.

It is relatively easy for the government to disseminate these denominations through various government bodies that do official business with the citizens, such as the post office, the tax authority, or state–owned banks. There is also a conspiracy theory against the [[Democratic Progressive Party]], the ruling party at the time the NT$200 and NT$2,000 denominations were issued. The conspiracy states that putting [[Chiang Kai-shek]] on a rarely used banknote would "practically" remove him from the currency while "nominally" including him on the currency would not upset supporters on the other side of the political spectrum that much (the [[Pan-Blue Coalition]]).{{citation needed|date=December 2018}}

{|class="wikitable" style="font-size: 90%"
!colspan="11"|1999 Series
|-
!rowspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Color !!colspan="3"| Description !!colspan="3"| Date of !!rowspan="2"| Remark
|-
! Obverse !! Reverse !! Watermark !! printing !! issue !! withdrawal
|- 
| [https://museum.cbc.gov.tw/web/en-us/circulation/banknote/43]
| NT$100
| 145 × 70&nbsp;mm
| Red
| [[Sun Yat-sen]], "The Chapter of Great Harmony" by [[Confucius]]
| [[Chung-Shan Building]]
| [[Ume|Mei flower]] and numeral 100
| 2000<br />([[Minguo calendar|Minguo]] 89)
| {{date|2001-07-02|ISO}}
|
|
|- 
| [https://museum.cbc.gov.tw/web/en-us/circulation/banknote/50]
| NT$200
| 150 × 70&nbsp;mm
| Green
| [[Chiang Kai-shek]], theme of land reform and public education
| [[Presidential Office Building (Republic of China)|Presidential Office Building]]
| [[Orchid]] and numeral 200
| 2001<br />(Minguo year 90)
| {{date|2002-01-02|ISO}}
| Limited
|
|-
|
|rowspan="2"| NT$500
|rowspan="2"| 155 × 70&nbsp;mm
| rowspan="2" | Brown
|rowspan="2"| Youth baseball
|rowspan="2"| [[Formosan sika deer]] and [[Dabajian Mountain]]
|rowspan="2"| [[Bamboo]] and numeral 500
| 2000<br />(Minguo year 89)
| {{date|2000-12-15|ISO}}
| {{date|2007-08-01|ISO}}
| without holographic strip
|- 
| [https://museum.cbc.gov.tw/web/en-us/circulation/banknote/52]
| 2004<br />(Minguo 93)
| {{date|2005-07-20|ISO}}
|
| with holographic strip
|-
|
|rowspan="2"| NT$1,000
|rowspan="2"| 160 × 70&nbsp;mm
|rowspan="2"| Blue
|rowspan="2"| Elementary Education<br />(1999 errors<ref>[[Commons:Category:Taiwan $1000 banknote 1999 edition]]</ref><ref>[https://jidanni.org/geo/nt1000/ Taiwan's 1999 $1000 bill globe reversed]</ref>)
|rowspan="2"| [[Mikado pheasant]] and [[Yu Shan|Yushan (Jade Mountain)]]
|rowspan="2"| [[Chrysanthemum]] and numeral 1000
| 1999<br />(Minguo year 88)
| {{date|2000-07-03|ISO}}
| {{date|2007-08-01|ISO}}
| without holographic strip
|- 
| [https://museum.cbc.gov.tw/web/en-us/circulation/banknote/53]
| 2004<br />(Minguo year 93)
| {{date|2005-07-20|ISO}}
|
| with holographic strip
|-
| [https://museum.cbc.gov.tw/web/en-us/circulation/banknote/51]
| NT$2,000
| 165 × 70&nbsp;mm
| Purple
| [[FORMOSAT-1]], technology
| [[Oncorhynchus masou formosanus|Formosan landlocked salmon]] and [[Nanhu Mountain|Mount Nanhu]]
| [[Pine]] and numeral 2000
| 2001<br />(Minguo year 90)
| {{date|2002-07-01|ISO}}
| Limited
| with holographic strip
|}

The year 2000 version $500 and 1999 version $1000 notes without holographic strip were officially taken out of circulation on {{date|2007-08-01}}. They were redeemable at commercial banks until {{date|2007-09-30}}. As of {{date|2007-10-01}}, only [[Bank of Taiwan]] accepts such notes.<ref>{{cite news |author= 劉姿麟、蔣紀威 |script-title=zh:8/1新制/健保費漲價 金融機構舊鈔換新鈔延至9月底 |url= http://www.ettoday.com/2007/07/31/320-2134376.htm |publisher= ETToday |date={{date|2007-07-31}} |access-date={{date|2007-08-20}} |language=zh }}</ref>

===100–dollar commemorative note===

On {{date|2011-01-06}}, the Central Bank of the Republic of China issued a new 100–dollar legal tender circulating commemorative in celebration of the 100th anniversary of the founding of the Republic of China. The red paper note measures 145 × 70&nbsp;mm and features a portrait of Dr. Sun Yat-sen on the front and the Chung-Shan Building on the back. The design is no different from the ordinary NT$100 note, except for the Chinese wording on the reverse of the note, which reads "Celebrating 100 years since the founding of the Republic of China ({{lang|zh-tw|慶祝中華民國建國一百年}})".<ref>{{cite news |author= The Central Bank of the Republic of China (Taiwan) |title= Issue a commemorative NT$100 banknote for circulation and uncut commemorative NT$100 currency sheets in celebration of the 100th anniversary of the founding of the Republic of China on {{date|2011-01-06|MDY}} |url= http://www.cbc.gov.tw/ct.asp?xItem=37761&ctNode=752&mp=2 |date={{date|2011-01-06}} }}</ref>

== Exchange rates ==
{{Exchange rate|TWD|KRW|SGD}}
{{Most traded currencies}}

== See also ==
* [[Old Taiwan dollar]]
* [[Economy of Taiwan]]
* [[Taxation in Taiwan]]
* [[History of the Republic of China]]
* [[ROC consumer voucher]]

== Notes ==
{{notelist}}

=== Words in different languages ===
{{notelist-ur}}

==References==
{{Reflist}}

== External links ==
{{commons category|Money of Taiwan}}
* {{in lang|zh|en}} [http://www.sinobanknote.net/ SinoBanknote]
* {{in lang|zh}} [https://web.archive.org/web/20060217153210/http://member.giga.net.tw/taiwannote/newpage6.htm Banknotes of Matsu], [https://web.archive.org/web/20060217153217/http://member.giga.net.tw/taiwannote/newpage7.htm Quemoy] and [https://web.archive.org/web/20050417235118/http://member.giga.net.tw/taiwannote/newpage8.htm Tachen]
* {{in lang|zh}} [https://web.archive.org/web/20120523033000/http://www.currency.cbc.gov.tw/Emoney/A1/T05_38.htm The Central Bank page showcasing all obsolete issues of the new Taiwan dollar in all denominations]
* [http://benjamintsai.com/plog/2009/02/sun-yat-sen/ Close up image of a circulated 50 NT coin] {{Webarchive|url=https://web.archive.org/web/20110707223833/http://benjamintsai.com/plog/2009/02/sun-yat-sen/ |date={{date|2011-07-07}} }}
* {{in lang|en|de|fr}} [https://www.bis-ans-ende-der-welt.net/Taiwan-B-En.htm Historical and current banknotes of Taiwan]
* {{in lang|en}} [https://en.foronum.com/coins-catalog/taiwan Taiwan coin catalog for collectors]

{{n-start}}
{{n-before|currency=[[Old Taiwan dollar]]|reason=inflation|ratio=1 new dollar = 40,000 old dollars}}
{{n-currency|location=[[Taiwan]]|start=1949|note=After the communists took over most of [[Mainland China]], the government of the Republic of China controlled only [[Taiwan]] and some offshore islands.}}
{{n-after}}
{{end}}

{{Historical currencies of Taiwan}}
{{dollar}}
{{Economy of Taiwan}}
{{Currencies of Asia}}
{{Taiwan topics}}
{{Portal bar|Asia|Money|Numismatics|Taiwan}}
{{Authority control}}

[[Category:Currencies of Taiwan]]
[[Category:Taiwan under Republic of China rule]]
[[Category:Currencies introduced in 1949]]
[[Category:Dollar]]
[[Category:Currencies of Asia]]
[[Category:Circulating currencies]]