Numismatics (64727)
coins
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Scripophilia (3133)
stocks, bonds
Shares, bonds of Tsarist Russia
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Second-hand books (69970)
books, magazines
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Old documents (9854)
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Document folders
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Art and antiques (12610)
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Faleristics (60506)
orders, medals, badges
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Militaria (9974)
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Other collections (68154)
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.