New Taiwan Dollar

(redirected from Taiwan dollar)
Also found in: Dictionary, Thesaurus, Acronyms.

New Taiwan Dollar

The currency of Taiwan. It was introduced in 1949, replacing the old dollar at a ratio of 40,000 old dollars to one new dollar. Technically, it existed alongside the silver yuan, which was the official currency of the Republic of China (not to be confused with the People's Republic of China); however, the silver yuan was never actually used, and, in 2000, the Taiwanese dollar became the sole currency. It is a floating currency.
References in periodicals archive ?
To underline the fact that the New Taiwan dollar has national currency status, the new banknotes will no longer be issued on commission by the Bank of Taiwan, but the central bank itself.
Companies with units both in Taiwan and China previously needed to exchange New Taiwan dollars for U.
Contestants were competing in New Taipei City to win a prize put up by the government of 520,000 New Taiwan Dollars (Au11,000).
Chen was also fined 180 million Taiwan dollars and stripped of his civil rights for nine years, Xinhua reports.
The court also reduced a fine against Chen of 200 million Taiwan dollars (six million US dollars) to 170 million Taiwan dollars, while a fine of 300 million Taiwan dollars for Wu was cut to 200 million Taiwan dollars.
The Taiwan Pavilion, the last to begin construction, cost one billion Taiwan dollars (31 million US dollars) and is due to start trial operation on April 20 before the Expos official opening on May 1, operators said.
A Mattel worker earned 900 Taiwan dollars ($28 at current exchange rates) a month in the late 1960s while a Barbie doll purchased in Japan cost around 1,200 Taiwan dollars.
The estimated economic impact rose to 110 billion Taiwan dollars (3.
The move, aimed at stimulating tourism, allows tourists to carry more Taiwan dollars when they visit the nation.
Taiwanes developers have revealed a plan to construct a 70 billion New Taiwan dollars (about $2.
Typhoon Morakot has caused at least five billion Taiwan dollars (156 million US) in agricultural damage while a total of 61,000 houses were left without power and 850,000 homes without water, according to officials.
He and his wife were charged with embezzling 104 million New Taiwan dollars ($3.
Full browser ?