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Taiwan
Taiwanese Dollar (TWD)
Curiosities about the currency
The new Taiwan dollar (TWD) has been the official currency of Taiwan since 1949. It replaced the old Taiwan dollar and initially was a de facto currency. In 2000, it began to be the official currency, the year the Central Bank of the Republic of China started issuing banknotes of this currency.
The banknotes in circulation of the Taiwanese dollar are 100, 200, 500, 1000, and 2000 TWD. All of them are made of paper and feature both famous people from the country, as well as buildings and other symbols of Taiwan. The 200 and 2000 dollar banknotes are not common.
New Taiwan dollar coins of 0.5, 1, 5, 10, 20, and 50 NT$ are in circulation again. The 20 and 50 coins were introduced in 2001 and 2002, respectively. All of them are circular and are made with copper as the base metal, to which nickel or aluminium is added.
Taiwan is the main island of the Republic of China. However, the entire country is known by this name. The new dollar is therefore used throughout the republic, as it is an independent territory despite many states not recognising it as such.
On the obverse of the coins, the year of minting is indicated according to the Minguo calendar. It is used in the Republic of China and part of the founding date of the country: 1912. The name of the sovereign and the era according to the Chinese dynasties is also indicated.
What do the banknotes/coins look like?
Front part
*The banknotes and coins correspond to the newest issued series and are for reference. Colours may vary and there may be more designs than those shown.
