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The Low Down on Taiwanese Currency


New Taiwan dollar (新臺票)

Currency symbol:

NT$, 圓, $

Currency code:


Central Bank:

Central Bank of the Republic of China (Taiwan)

Bank notes:

NT$100, NT$200, NT$500, NT$1000, NT$2000


NT$0.5, NT$1, NT$2, NT$5, NT$10, NT$50

The official currency in Taiwan is the dollar - abbreviated to the currency code TWD. 1 Dollar is divided into 10 jiao which are then divided into a further 10 fen or cents.

The dollar, also referred to as the ‘New Taiwan dollar’, was introduced in 1949, when Taiwan replaced its Old Taiwan dollar. The new dollar’s initial role was to reduce the hyperinflation caused by the Chinese Civil War.

The dollar has been issued by the Central Bank of the Republic of China (Taiwan) since 2000; while the Bank of Taiwan issued banknotes prior to this time.

The most commonly-used bills for New Taiwan dollars are the 100, 500 and 1000 notes.

What to spend your New Taiwan dollars on**:

  • *

    Street food meal

    100 TWD *

  • *

    1km taxi ride

    25 TWD *

  • *

    Entrance to Zhuilu Old Road
    in Taroko National Park

    200 TWD *

  • *

    Local train pass

    20 TWD *

  • *

    Local bottle of beer

    50 TWD *

How many New Taiwan dollars will I need?**

Please select your budget above.

- +
* * * * * *

- +
* * * * * *

Total spending money needed:

  • *A budget
  • *for people for
  • * nights


Must-sees in Taiwan

  • Taipei
  • Taipei is a melting pot of cultures with influences spanning Japan, China, Southeast Asia and America mixed together in an entirely unique fashion. This 300-year-old city will keep you guessing with its wacky underside, historic delights and delicious hybrid take on cuisine.
  • Taroko National Park
  • You’ll be spoilt for choice in Taiwan when it comes to stunning national parks, but Taroko National Park is our pick. Boasting beautiful waterfalls, the famous Taroko Gorge, grottos, marble mountains and the stunning Tunnel of Nine Turns, you’ll be bewildered by the beauty of this park.
  • Sun Moon Lake
  • The largest body of water in Taiwan sits beneath truly breath-taking scenery. Stay a while and relax by the shore, basking in the mountain rich landscape or ascend the cable car to take in the aerial view of this stunning place.

Buying New Taiwan dolalrs online is easy

Order New Taiwan dollars online, lock in the rate and collect at your local store, at the airport before you fly or have it delivered at home

  • 1. Click the ‘Buy TWD Now’ button below
  • And tell us how much you need for your trip in Cash or Travel Card.

  • 2. Choose where to get it
  • Collect at more than 3,600 pick up locations.

  • 3. Pay online
  • You can pay online using either PayID, BPAY, Visa or MasterCard®

FAQ Relating to the Tawainese Currency

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  • Is the Taiwanese dollar a restricted currency?

    Yes, the Taiwanese dollar is a restricted currency in that it can only be traded in a limited capacity. Fund transfers in this currency are not allowed outside of Taiwan.

  • How much money can you take to Taiwan?

    You cannot take over 100,000 Taiwanese dollars or 10,000 US dollars in cash when entering or exiting Taiwan.

  • What credit cards are widely-accepted in Taiwan?

    You can typically use Visa, MasterCard, JCB and ChinaPay cards throughout Taiwan, but American Express cards are not often accepted.

International SIM Cards

International SIM Cards

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Prefer to Buy in Store?

Prefer to Buy in Store?

If buying online is not your thing, visit your nearest Travelex store around and one of our friendly sales consultants will help you organise your euros for your trip to Taiwan.

Find a Store

Travelling to Taiwan in the Future?

Travelling to Taiwan in the Future?

Track Rates and get notified when the TWD matches your ideal rate so you can decide if it’s a good time to buy!

Track Rates

How to Keep your Money Safe while Travelling

How to Keep your Money Safe while Travelling

Dealing with lost or stolen funds while taking a trip is not only a hassle, but also extremely stressful. Learn how to keep your money safe while travelling.

Read more

*Rates are subject to change throughout the day. In-store rates vary compared to online.

**The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip.

^^Based on mid-market and Travelex Online AUD to FX exchange rates as of the date of the relevant social media post and/or email communication. Rates are subject to change throughout the day. Any rates and savings are quoted as a guide only.

Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.