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What type of currency is used in Taiwan?

April 26, 2017currency Taiwan type Used

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What type of currency is used in Taiwan?

1 Answer

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The official unit of currency is the New Taiwan Dollar (NT$). Coins are in denominations of 1, 5, 10 and 50. Bills are in denominations of 50, 100, 500 and 1000. For some time, the NT has been valued at 34 NT = 1 US Dollar. Keep in mind exchange rates fluctuate daily, and it is best to verify rates before departure using an international currency converter, such as www.oanda.com. Travelers can print off wallet sized cheat sheets off the site to carry with them.