Numismatics (64073)
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Scripophilia (3033)
stocks, bonds
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Second-hand books (66250)
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Old documents (10374)
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Faleristics (59222)
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Other collections (67476)
home stuff
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Close
The official currency of Taiwan is the Taiwan dollar. Coins have denominations of $½, $1, $5, $10, $20, $50. The Bank of Taiwan issued the New Taiwan Dollar on June 15, 1949 to replace the old Taiwan dollar. The exchange was carried out in a ratio of 40,000: 1. One of the reasons for the replacement was the fight against inflation, which began in the country after the civil war in China.