New Taiwan Dollar


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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 ?
Under terms of the agreement, Inotera shareholders will receive consideration worth 30 New Taiwan Dollars, equivalent to $0.
Chen was indicted on new corruption charges in May, as prosecutors said during his eight years in office, he and his wife took 10 million New Taiwan dollars in bribes from a local businesswoman, and demanded bribes and donations totaling 300 million New Taiwan dollars from a former banker.
The development plan is hoped to generate 23,000 jobs and an annual economic output of 30 billion New Taiwan dollars (about $1.
will be capitalized at 300 million New Taiwan dollars (about 9.
Chiou said another election would cost several million new Taiwan dollars, which would put a heavy burden on DPP coffers already depleted by the recent elections.
DPP Secretary General Chiou I-jen said earlier this week another chairman's election would cost several million New Taiwan dollars, placing a heavy burden on DPP coffers already depleted from the recent elections.
A supplementary budget of 160 billion New Taiwan dollars (4.
20 Kyodo Three of Japan's leading pop music acts met with Taiwan's Vice President Lien Chan on Monday to present him with 10 million New Taiwan dollars (33 million yen) that was raised at a Tokyo charity concert for the victims of Taiwan's massive September earthquake.
Lee thanked Oh, the all-time home run record holder in Japanese baseball and a baseball hero in Taiwan, on behalf of the Taiwanese people for his donation of more than 1 million New Taiwan dollars (3.
Vehicle owners who refuse to follow the government order can be slapped with prison sentences of between one and seven years or fines of up to 5 million New Taiwan dollars (about 15,700 U.
Local reports said China Airlines would lose some 100 million New Taiwan dollars (3.
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