What Currency Does Taiwan Use?
Facts last checked 31 August 2026.
Exchange rate (approximate):
1 USD ≈ 32.04 TWD
1 GBP ≈ 42.96 TWD
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Taiwan? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on New Taiwan dollar spending.
What is money called in Taiwan?
Money in Taiwan is called the New Taiwan dollar — its ISO 4217 currency code is TWD, and its symbol is $. The New Taiwan dollar is the official legal tender in Taiwan and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Taiwan currency or simply money in Taiwan.
Is the New Taiwan dollar used anywhere else?
No — Taiwan is the only country on this site using the New Taiwan dollar as its official currency.
Practical money tips for Taiwan
Card payments are widely accepted in most cities, but it's still worth carrying some New Taiwan dollar in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Money essentials for Taiwan
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Taiwan currency — FAQ
What is the currency of Taiwan?
The currency of Taiwan is the New Taiwan dollar (currency code: TWD, symbol: $).
What is the currency code for Taiwan?
The ISO 4217 currency code for the New Taiwan dollar is TWD.
What is the New Taiwan dollar symbol?
The symbol for the New Taiwan dollar is $. You will see this on price tags and receipts throughout Taiwan.
What currency is used in Taiwan?
The official currency used in Taiwan is the New Taiwan dollar (TWD).
Can I use US dollars in Taiwan?
The official currency of Taiwan is the New Taiwan dollar, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in New Taiwan dollar and should exchange money before or on arrival.
What is the exchange rate for Taiwan?
As of July 2026, approximately 1 USD = 32.04 TWD and 1 GBP = 42.96 TWD. Rates change daily — always check a live source before travelling or sending money.
What is money called in Taiwan?
Money in Taiwan is called the New Taiwan dollar (TWD).
Do other countries use the New Taiwan dollar?
No — Taiwan is the only country on this site using the New Taiwan dollar as its official currency.
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