You can change money upon arrival at the three Taiwanese international airports in Taipei, Taichung, and Kaohsiung, but I encourage you to wait to exchange your currency at one of the Taiwanese banks in the major cities. You will be required to show your Taiwanese resident visa (ARC – alien resident certificate), and your passport. A lot of Taiwanese also buy goods with credit cards from online retailers. There is little advantage these days to carry them around. Important!!! It is a smart card where you can store a small value (up to 10,000 NTD). Similarly, cash is more acceptable than traveller’s cheques, and it’s usually only the main branches of banks that offer currency exchange as a facility; smaller branches may not be equipped to do so. The design is no different from the ordinary NT$100 note, except for the Chinese wording on the reverse of the note, which reads "Celebrating 100 years since the founding of the Republic of China (慶祝中華民國建國一百年)". Taiwan Money & Coin The new Taiwan dollar issued in both coin and banknote forms. Get Taipei's weather and area codes, time zone and DST. Banking Hours: Banks in Taiwan work from 9am to 3.30pm; Mondays to Fridays, and 9am to 12 noon on Saturdays. Send a cheap Money Transfer to New Zealand, Get a TWD currency data API for my business. Very few banks in Taiwan will let you take a cash advance at the counter if you don’t have your PIN. When the Temporary Provisions were made ineffective in 1991, the ROC lacked a legal national currency until the year 2000, when the Central Bank of China (CBC) replaced the Bank of Taiwan in issuing NT bills. For other uses, see, Central Bank of the Republic of China (Taiwan), Temporary Provisions Effective During the Period of Communist Rebellion, Fifth series of the new Taiwan dollar banknote, s:Regulation of exchange rate between new Taiwan dollars and the fiat currency in the ROC laws, Commons:Category:Taiwan $1000 banknote 1999 edition, "Issue a commemorative NT$100 banknote for circulation and uncut commemorative NT$100 currency sheets in celebration of the 100th anniversary of the founding of the Republic of China on January 6, 2011", The Central Bank page showcasing all obsolete issues of the new Taiwan dollar in all denominations, Close up image of a circulated 50 NT coin, Historical and current banknotes of Taiwan, Taiwan Capitalization Weighted Stock Index, Taiwan External Trade Development Council, Chung-Hua Institution for Economic Research, https://en.wikipedia.org/w/index.php?title=New_Taiwan_dollar&oldid=981952164, Articles containing Chinese-language text, Articles containing Mandarin Chinese-language text, Articles containing Min Nan Chinese-language text, Articles with dead external links from December 2017, Articles with permanently dead external links, Articles containing Japanese-language text, Articles with unsourced statements from February 2015, Articles with deprecated sources from May 2020, Articles with unsourced statements from December 2018, Articles with Chinese-language sources (zh), Articles with German-language sources (de), Articles with French-language sources (fr), Creative Commons Attribution-ShareAlike License, New NT$500 and NT$1000 banknotes introduced, anti-counterfeit measures taken, This page was last edited on 5 October 2020, at 10:36. The conspiracy states that putting Chiang Kai-shek on a rarely used banknote would "practically" remove him from the currency, while "nominally" including him on the currency would not upset supporters on the other side of the political spectrum that much (the Pan-Blue Coalition)[citation needed]. The value of the silver yuan was decoupled from the value of silver during World War II. The New Taiwan dollar has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. The new Taiwan Dollar has has five … Current local time in Taiwan – Taipei. You have to look for an ATM showing stickers of the different international networks, such as, Good places for the “right” ATM are the large shopping malls, such as Mitsukoshi and, Some international banks have their own branches and ATMs in Taiwan, such as. 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