New Taiwan dollar facts for kids

Kids Encyclopedia Facts
New Taiwan dollar
新臺幣 / 新台幣 (Chinese)
NT$500 banknote obverse
NT$500 banknote obverse
ISO 4217 Code TWD
User(s) Republic 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
Subunit
1/10
Jiao, but no official translation
1/100 cent (分, Fen)
Subunits used only in stocks and currencies
Symbol $ or NT$
Nickname kuài (塊)
máo (毛)
Plural dollars (English only)
cent (分, Fen) cents (English only)
Coins
Freq. used $1, $5, $10, $50
Rarely used $20
Banknotes
Freq. used $100, $500, $1000
Rarely used $200, $2000
Central bank Central Bank of the Republic of China
Website www.cbc.gov.tw
Printer China Engraving and Printing Works
Website www.cepp.gov.tw
Mint Central Mint of China
Website www.cmc.gov.tw

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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