<P> New Taiwan dollar ( Chinese : 新 臺 幣 ; pinyin : xīn tái bì ; sign : NT $ ; code : TWD ) is the official currency of Taiwan . It is subdivided into 100 cents ( Chinese : 分 ; pinyin : fēn ) , although cents are rarely used in practice . The New Taiwan dollars has been the currency of Taiwan since 1949 , when it replaced the Old Taiwan dollar , at a rate of 40,000 old dollars per NT $ . In Mandarin , the unit of the dollar is referred to as `` 元 '' or `` 圓 '' ( pinyin : yuán ) . </P>
<P> New Taiwan dollar ( Chinese : 新 臺 幣 ; pinyin : xīn tái bì ; sign : NT $ ; code : TWD ) is the official currency of Taiwan . It is subdivided into 100 cents ( Chinese : 分 ; pinyin : fēn ) , although cents are rarely used in practice . The New Taiwan dollars has been the currency of Taiwan since 1949 , when it replaced the Old Taiwan dollar , at a rate of 40,000 old dollars per NT $ . In Mandarin , the unit of the dollar is referred to as `` 元 '' or `` 圓 '' ( pinyin : yuán ) . </P>
what kind of money do they use in taiwan
what kind of money do they use in taiwan
New Taiwan dollar ( Chinese : 新 臺 幣 ; pinyin : xīn tái bì ; sign : NT $ ; code : TWD )
New Taiwan dollar ( Chinese : 新 臺 幣 ; pinyin : xīn tái bì ; sign : NT $ ; code : TWD )