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The New Taiwan dollar has been the currency of the island of Taiwan since 1949, when it replaced the old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. [1] The base unit of the New Taiwan dollar is called a yuan ( 圓 ), subdivided into ten chiao ( 角 ) or 100 fen ( 分 ), although in practice neither chiao nor fen are used.
The unit of a New Taiwan dollar is also referred to in Standard Chinese as yuán and written as 元 or 圓. The names of the Korean and Japanese currency units, won and yen respectively, are cognates of Mandarin yuán , also meaning "round" in the Korean and Japanese languages.
Customs gold unit – Republic of China (1912–1949) D ... Old Taiwan dollar – Taiwan; New Taiwan dollar – Taiwan; Texas dollar – Republic of Texas;
Currency of Taiwan can refer to any of the following: Taiwanese yen issued by the colonial government of Taiwan under Japanese rule from 1895 to 1945; Old Taiwan dollar used from 1946 to 1949; New Taiwan dollar the currency of Taiwan since 1949.
4.10 Taiwan. 4.11 Tibet. 4.12 Vietnam. 4.13 Other currencies. ... Customs gold unit – China; India ... 1945–1993 monetary unit used by Esperantists. See also
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
The Old Taiwan dollar was in use from 1946 to 1949, beginning shortly after Taiwan's handover from Japan to the Republic of China. The currency was issued by the Bank of Taiwan . Hyperinflation prompted the introduction of the New Taiwan dollar in June 1949, shortly before the Nationalist evacuation from mainland China in December.
New Taiwan dollar, the current currency used in Taiwan, whose basic unit is yuán in Mandarin; Manchukuo yuan, the unit of currency that was used in the Japanese puppet state of Manchukuo; Gold yuan, the unit of currency that was used in the Republic of China between 1948 and 1949; Yen and yuan sign (¥), symbol used for yuan currency in Latin ...