New Taiwan dollar

Last updated

New Taiwan dollar
新臺幣 [I]
ISO 4217
CodeTWD (numeric:901)
Subunit 0.01
Unit
Unit yuan ()
PluralThe language(s) of this currency do(es) not have a morphological plural distinction.
Symbol NT$, , $
Nickname Mandarin: (yuán), (kuài)
Hokkien: (kho͘ )
Hakka: (ngiùn)
Denominations
Subunit
110Jiǎo ()
1100Fēn ()
Subunits used only in stocks and currency transactions, and are rarely referred to
Nickname
Jiǎo () Mandarin: (máo)
Hokkien: (kak)
Hakka: (kok)
Fēn () Hokkien: (sian)
Hakka: (siên)
Banknotes
Freq. usedNT$100, NT$500, NT$1000
Rarely usedNT$200, NT$2000
Coins
Freq. usedNT$1, NT$5, NT$10, NT$50
Rarely used12¢, 1¢, 2¢, 5¢, 10¢, 20¢, 50¢, NT$20
Demographics
Date of introduction15 June 1949
Replaced Old Taiwan dollar
User(s)Flag of the Republic of China.svg  Republic of China
Issuance
Central bank Central Bank of the Republic of China (Taiwan)
Website www.cbc.gov.tw
Printer Central Engraving and Printing Plant
Website www.cepp.gov.tw
Mint Central Mint
Website www.cmc.gov.tw
Valuation
Inflation 0.85%
Source 2008–2018
Method CPI 10-year average
New Taiwan dollar
Traditional Chinese 新臺幣
Simplified Chinese 新台币
Transcriptions
Standard Mandarin
Hanyu Pinyin Xīntáibì
Wade–Giles Hsin1-t'ai2-pi4
Hakka
Pha̍k-fa-sṳ Sîn-thòi-pi
Yue: Cantonese
Yale Romanization Sāntòihbaih
Jyutping san1 toi4 bai6
Southern Min
Hokkien POJ Sin-tâi-pè
Most traded currencies by value
Currency distribution of global foreign exchange market turnover [14]
Currency ISO 4217
code
Symbols Proportion of daily volumeChange
(2019–2022)
April 2019April 2022
U.S. dollar USD$, US$88.3%88.5%Increase2.svg 0.2pp
Euro EUR32.3%30.5%Decrease2.svg 1.8pp
Japanese yen JPY¥, 16.8%16.7%Decrease2.svg 0.1pp
Sterling GBP£12.8%12.9%Increase2.svg 0.1pp
Renminbi CNY¥, 4.3%7.0%Increase2.svg 2.7pp
Australian dollar AUD$, $A6.8%6.4%Decrease2.svg 0.4pp
Canadian dollar CAD$, Can$5.0%6.2%Increase2.svg 1.2pp
Swiss franc CHFFr., fr.4.9%5.2%Increase2.svg 0.3pp
Hong Kong dollar HKD$, HK$, 3.5%2.6%Decrease2.svg 0.9pp
Singapore dollar SGD$, S$1.8%2.4%Increase2.svg 0.6pp
Swedish krona SEKkr, Skr2.0%2.2%Increase2.svg 0.2pp
South Korean won KRW₩, 2.0%1.9%Decrease2.svg 0.1pp
Norwegian krone NOKkr, Nkr1.8%1.7%Decrease2.svg 0.1pp
New Zealand dollar NZD$, $NZ2.1%1.7%Decrease2.svg 0.4pp
Indian rupee INR1.7%1.6%Decrease2.svg 0.1pp
Mexican peso MXN$, Mex$1.7%1.5%Decrease2.svg 0.2pp
New Taiwan dollar TWD$‎, NT$, 0.9%1.1%Increase2.svg 0.2pp
South African rand ZARR1.1%1.0%Decrease2.svg 0.1pp
Brazilian real BRLR$1.1%0.9%Decrease2.svg 0.2pp
Danish krone DKKkr., DKr0.6%0.7%Increase2.svg 0.1pp
Polish złoty PLNzł‎, Zl0.6%0.7%Increase2.svg 0.1pp
Thai baht THB฿, B0.5%0.4%Decrease2.svg 0.1pp
Israeli new shekel ILS₪, NIS0.3%0.4%Increase2.svg 0.1pp
Indonesian rupiah IDRRp0.4%0.4%Steady2.svg
Czech koruna CZKKč, CZK0.4%0.4%Steady2.svg
UAE dirham AEDد.إ, Dh(s)0.2%0.4%Increase2.svg 0.2pp
Turkish lira TRY₺, TL1.1%0.4%Decrease2.svg 0.7pp
Hungarian forint HUFFt0.4%0.3%Decrease2.svg 0.1pp
Chilean peso CLP$, Ch$0.3%0.3%Steady2.svg
Saudi riyal SAR, SRl(s)0.2%0.2%Steady2.svg
Philippine peso PHP0.3%0.2%Decrease2.svg 0.1pp
Malaysian ringgit MYRRM0.2%0.2%Steady2.svg
Colombian peso COP$, Col$0.2%0.2%Steady2.svg
Russian ruble RUB₽, руб1.1%0.2%Decrease2.svg 0.9pp
Romanian leu RON—, leu0.1%0.1%Steady2.svg
Peruvian sol PENS/.0.1%0.1%Steady2.svg
Bahraini dinar BHD.د.ب, BD0.0%0.0%Steady2.svg
Bulgarian lev BGNлв., lv., lev0.0%0.0%Steady2.svg
Argentine peso ARS$, Arg$0.1%0.0%Decrease2.svg 0.1pp
Other currencies1.8%2.3%Increase2.svg 0.5pp
Total:200.0%200.0%



See also

Notes

    Words in different languages

    1. 1 2

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    References

    1. Chuang, Chi-ting (17 February 2001). "Legislator pans new bank notes". Taipei Times. p. 4.
    2. Han Cheung (9 June 2024). "Taiwan in Time: How the New Taiwan dollar became the national currency". Taipei Times. Retrieved 16 June 2024.
    3. 1 2 Chuang, Chi-ting (17 February 2001). "Legislator pans new bank notes". Taipei Times.
    4. "Regulation for the exchange rate between New Taiwan Dollars and the fiat currency in the laws of the Republic of China".
    5. "US Dollar / New Taiwan Dollar". Google Finance. Archived from the original on 1 July 2021. Retrieved 1 July 2021.
    6. "zhonghua minguo XX", "中華民國" is the also the state title "Republic of China", an era name of the Minguo calendar.
    7. 1 2 3 4 "中央銀行發行之貨幣及真偽鈔辨識". Archived from the original on 17 December 2008. Retrieved 30 January 2015. 中央銀行發行之貨幣及偵偽鈔辨識
    8. Mona Rudao, anti-Japanese leader of the Wushe Incident.
    9. 郭文平 (25 April 2007). 新版50元硬幣 明發行 (in Chinese). 自由時報. Retrieved 26 November 2007.[ dead link ]
    10. Commons:Category:Taiwan $1000 banknote 1999 edition
    11. Taiwan's 1999 $1000 bill globe reversed
    12. 劉姿麟、蔣紀威 (31 July 2007). 8/1新制/健保費漲價 金融機構舊鈔換新鈔延至9月底 (in Chinese). ETToday. Retrieved 20 August 2007.
    13. The Central Bank of the Republic of China (Taiwan) (6 January 2011). "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 January 6, 2011".
    14. Triennial Central Bank Survey Foreign exchange turnover in April 2022 (PDF) (Report). Bank for International Settlements. 27 October 2022. p. 12. Archived (PDF) from the original on 27 October 2022.
    Preceded by:
    Old Taiwan dollar
    Reason: inflation
    Ratio: 1 new dollar = 40,000 old dollars
    Currency of Taiwan
    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.
    Succeeded by:
    Current