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New Taiwan dollar facts for kids

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New Taiwan dollar
新臺幣 / 新台幣 (Chinese)
NT$500 banknote obverse
ISO 4217
Code TWD
Jiao, but no official translation
 1/100 cent (分, Fen)
Subunits used only in stocks and currencies
Plural dollars (English only)
cent (分, Fen) cents (English only)
Symbol $ or NT$
Nickname kuài (塊)
 角 máo (毛)
 Freq. used $100, $500, $1000
 Rarely used $200, $2000
 Freq. used $1, $5, $10, $50
 Rarely used $20
User(s) Republic of China
Central bank Central Bank of the Republic of China
Printer China Engraving and Printing Works
Mint Central Mint of China
Inflation 2.34%,3.7% (CIA World Factbook, 2008 est.)
 Source Central Bank of the Republic of China, Jul-Dec 2007
 Method CPI

The New Taiwan dollar, or simply Taiwan dollar, is the official currency of Taiwan. It was used since 1949, when it replaced the Old Taiwan dollar. It was first printed by the Bank of Taiwan, it has been printed by the Central Bank of the Republic of China since 2000.

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