{"id":110638,"date":"2025-03-07T03:53:33","date_gmt":"2025-03-07T03:53:33","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/"},"modified":"2025-03-07T03:53:33","modified_gmt":"2025-03-07T03:53:33","slug":"what-is-the-currency-in-taiwan","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/","title":{"rendered":"What is the currency in Taiwan?"},"content":{"rendered":"<p>What is the currency in Taiwan?<\/p>\n<p>The official currency of Taiwan is the New Taiwan Dollar (NTD), also known as the Taiwanese Dollar. It has been the country&#8217;s legal tender since 1949, replacing the Old Taiwan Dollar. The currency is denoted by the symbol &#8220;$&#8221; or &#8220;NT$&#8221;.<\/p>\n<p>In Taiwan, the New Taiwan Dollar is subdivided into smaller units. There are coins available in denominations of 1, 5, 10, and 50 NT$. Additionally, banknotes come in denominations of 100, 200, 500, and 1,000 NT$. The Central Bank of the Republic of China (Taiwan) is responsible for issuing and regulating the currency.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#FAQs_about_the_currency_in_Taiwan\" title=\"FAQs about the currency in Taiwan:\">FAQs about the currency in Taiwan:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#1_What_is_the_exchange_rate_for_the_New_Taiwan_Dollar\" title=\"1. What is the exchange rate for the New Taiwan Dollar? \">1. What is the exchange rate for the New Taiwan Dollar? <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#2_Can_I_use_US_dollars_or_other_foreign_currencies_in_Taiwan\" title=\"2. Can I use US dollars or other foreign currencies in Taiwan?\">2. Can I use US dollars or other foreign currencies in Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#3_Where_can_I_exchange_my_currency_for_New_Taiwan_Dollars\" title=\"3. Where can I exchange my currency for New Taiwan Dollars?\">3. Where can I exchange my currency for New Taiwan Dollars?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#4_Are_credit_cards_widely_accepted_in_Taiwan\" title=\"4. Are credit cards widely accepted in Taiwan?\">4. Are credit cards widely accepted in Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#5_What_is_the_best_way_to_carry_money_in_Taiwan\" title=\"5. What is the best way to carry money in Taiwan?\">5. What is the best way to carry money in Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#6_Can_I_use_travelers_checks_in_Taiwan\" title=\"6. Can I use travelers&#8217; checks in Taiwan?\">6. Can I use travelers&#8217; checks in Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#7_Is_it_customary_to_tip_in_Taiwan\" title=\"7. Is it customary to tip in Taiwan?\">7. Is it customary to tip in Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#8_Should_I_exchange_my_New_Taiwan_Dollars_back_before_leaving_Taiwan\" title=\"8. Should I exchange my New Taiwan Dollars back before leaving Taiwan?\">8. Should I exchange my New Taiwan Dollars back before leaving Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#9_Can_I_use_my_credit_card_to_withdraw_cash_from_ATMs_in_Taiwan\" title=\"9. Can I use my credit card to withdraw cash from ATMs in Taiwan?\">9. Can I use my credit card to withdraw cash from ATMs in Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#10_Are_there_any_restrictions_on_the_amount_of_currency_I_can_bring_into_or_take_out_of_Taiwan\" title=\"10. Are there any restrictions on the amount of currency I can bring into or take out of Taiwan?\">10. Are there any restrictions on the amount of currency I can bring into or take out of Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#11_Can_I_use_my_mobile_payment_apps_like_Apple_Pay_or_Google_Pay_in_Taiwan\" title=\"11. Can I use my mobile payment apps like Apple Pay or Google Pay in Taiwan?\">11. Can I use my mobile payment apps like Apple Pay or Google Pay in Taiwan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#12_What_should_I_do_if_I_lose_my_wallet_with_my_New_Taiwan_Dollars\" title=\"12. What should I do if I lose my wallet with my New Taiwan Dollars?\">12. What should I do if I lose my wallet with my New Taiwan Dollars?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_about_the_currency_in_Taiwan\"><\/span>FAQs about the currency in Taiwan:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_What_is_the_exchange_rate_for_the_New_Taiwan_Dollar\"><\/span>1. What is the exchange rate for the New Taiwan Dollar? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAs exchange rates fluctuate, it&#8217;s recommended to check with a reliable foreign exchange service or bank for the most up-to-date rates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Can_I_use_US_dollars_or_other_foreign_currencies_in_Taiwan\"><\/span>2. Can I use US dollars or other foreign currencies in Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile some high-end establishments may accept major foreign currencies like US dollars or euros, it is advisable to exchange your money for New Taiwan Dollars for everyday transactions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Where_can_I_exchange_my_currency_for_New_Taiwan_Dollars\"><\/span>3. Where can I exchange my currency for New Taiwan Dollars?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCurrency exchange can be conducted at major international airports, banks, and authorized currency exchange shops in Taiwan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Are_credit_cards_widely_accepted_in_Taiwan\"><\/span>4. Are credit cards widely accepted in Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCredit cards are generally accepted in larger businesses, hotels, and restaurants. However, it&#8217;s always recommended to carry some cash, especially for smaller establishments or street vendors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_What_is_the_best_way_to_carry_money_in_Taiwan\"><\/span>5. What is the best way to carry money in Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCarrying a mix of cash and credit\/debit cards is prudent. Some ATMs in Taiwan also accept international cards, making it easy to withdraw cash if needed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_I_use_travelers_checks_in_Taiwan\"><\/span>6. Can I use travelers&#8217; checks in Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTravelers&#8217; checks are not widely accepted in Taiwan. It is better to rely on cash or cards for transactions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Is_it_customary_to_tip_in_Taiwan\"><\/span>7. Is it customary to tip in Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTipping is not a common practice in Taiwan, especially in local eateries or taxis. However, some high-end restaurants or hotels may add a service charge to the bill.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Should_I_exchange_my_New_Taiwan_Dollars_back_before_leaving_Taiwan\"><\/span>8. Should I exchange my New Taiwan Dollars back before leaving Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt is advisable to exchange your remaining New Taiwan Dollars back to your local currency before leaving Taiwan, as it may be more difficult to do so in your home country.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_I_use_my_credit_card_to_withdraw_cash_from_ATMs_in_Taiwan\"><\/span>9. Can I use my credit card to withdraw cash from ATMs in Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, many ATMs in Taiwan accept major international credit cards for cash withdrawals, though fees may apply.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Are_there_any_restrictions_on_the_amount_of_currency_I_can_bring_into_or_take_out_of_Taiwan\"><\/span>10. Are there any restrictions on the amount of currency I can bring into or take out of Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThere are no limits on the amount of foreign currency you can bring into Taiwan. However, if you plan to bring more than US$10,000 (or its equivalent) in cash, you must declare it upon arrival or departure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Can_I_use_my_mobile_payment_apps_like_Apple_Pay_or_Google_Pay_in_Taiwan\"><\/span>11. Can I use my mobile payment apps like Apple Pay or Google Pay in Taiwan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nMobile payment apps like Apple Pay or Google Pay are becoming increasingly popular in Taiwan and are accepted in many stores, restaurants, and taxis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_What_should_I_do_if_I_lose_my_wallet_with_my_New_Taiwan_Dollars\"><\/span>12. What should I do if I lose my wallet with my New Taiwan Dollars?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you lose your wallet with New Taiwan Dollars, report the loss to the local authorities and contact your embassy or consulate for assistance and guidance on how to proceed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the currency in Taiwan? The official currency of Taiwan is the New Taiwan Dollar (NTD), also known as the Taiwanese Dollar. It has been the country&#8217;s legal tender since 1949, replacing the Old Taiwan Dollar. The currency is denoted by the symbol &#8220;$&#8221; or &#8220;NT$&#8221;. In Taiwan, the New Taiwan Dollar is subdivided &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"What is the currency in Taiwan?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/what-is-the-currency-in-taiwan\/#more-110638\">Read more<span class=\"screen-reader-text\">What is the currency in Taiwan?<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-110638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the currency in Taiwan?<\/title>\n<meta name=\"description\" content=\"What is the currency in Taiwan? 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The official currency of Taiwan is the New Taiwan Dollar (NTD), also known as the Taiwanese Dollar. 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