Numismatics (64289)
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Scripophilia (3003)
stocks, bonds
Shares, bonds of Tsarist Russia
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Second-hand books (66874)
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Old documents (10399)
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Document folders
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Art and antiques (12371)
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Faleristics (60583)
orders, medals, badges
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Militaria (10438)
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Other collections (67502)
home stuff
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Advertising
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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.