What Currency Does Taiwan Use?
Facts last checked 9 October 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.
TWD converter
100 TWD ≈ 3.1207 USD
New Taiwan dollar conversion table
| Amount | USD → TWD | GBP → TWD | EUR → TWD |
|---|---|---|---|
| 1 | 32.04 | 42.96 | 36.60 |
| 5 | 160.22 | 214.79 | 183.01 |
| 10 | 320.44 | 429.58 | 366.01 |
| 20 | 640.89 | 859.17 | 732.02 |
| 50 | 1,602 | 2,148 | 1,830 |
| 100 | 3,204 | 4,296 | 3,660 |
| 500 | 16,022 | 21,479 | 18,301 |
| 1,000 | 32,044 | 42,958 | 36,601 |
| TWD | → USD | → GBP | → EUR |
|---|---|---|---|
| 1 | 0.0312 | 0.0233 | 0.0273 |
| 5 | 0.156 | 0.1164 | 0.1366 |
| 10 | 0.3121 | 0.2328 | 0.2732 |
| 20 | 0.6241 | 0.4656 | 0.5464 |
| 50 | 1.5603 | 1.1639 | 1.3661 |
| 100 | 3.1207 | 2.3278 | 2.7322 |
| 500 | 15.60 | 11.64 | 13.66 |
| 1,000 | 31.21 | 23.28 | 27.32 |
Indicative rates (July 2026). Banks and card providers add their own margin and fees, so the amount you actually receive will differ slightly.
Against the US dollar, 1 TWD is worth about 0.0312 USD. Of the 141 currencies covered on this site, the New Taiwan dollar ranks 66th by value per unit (1st = the most US dollars per unit). A high or low number says nothing about economic strength — it simply reflects how the currency is denominated.
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.
Not to be confused with other dollar currencies
Several currencies carry the name “dollar”, but each one is separate, with its own code, value and issuing country. The New Taiwan dollar (TWD) is the currency of Taiwan.
| Currency | Code | Used in | 1 USD = |
|---|---|---|---|
| Eastern Caribbean dollar | XCD | Antigua and Barbuda +5 more | 2.7 |
| Australian dollar | AUD | Australia +3 more | 1.4387 |
| Bahamian dollar | BSD | Bahamas | 1 |
| Barbadian dollar | BBD | Barbados | 2 |
| Belize dollar | BZD | Belize | 2 |
| Brunei dollar | BND | Brunei | 1.2914 |
| Canadian dollar | CAD | Canada | 1.4151 |
| United States dollar | USD | Ecuador +7 more | 1 |
| Fijian dollar | FJD | Fiji | 2.2374 |
| Guyanese dollar | GYD | Guyana | 209.26 |
| Jamaican dollar | JMD | Jamaica | 158.64 |
| Liberian dollar | LRD | Liberia | 181.37 |
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.
Planning to visit Taiwan?
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Taiwan in context
- Taiwan covers 36,197 km², making it the 134th largest of the 196 countries on this site.
- Taiwan has no land borders with other countries on this site.
- With 23,317,031 people, Taiwan holds about 1.4% of the population of Eastern Asia.
- Traffic drives on the right, and calendars start the week on Monday.
- Taiwan is not a United Nations member state.
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.
What is the Taiwanese currency?
The Taiwanese currency is the New Taiwan dollar (TWD), the official money of Taiwan.
What is the currency of the Republic of China (Taiwan)?
The Republic of China (Taiwan) is the formal name of Taiwan. Its currency is the New Taiwan dollar (TWD).
How much is 100 TWD in US dollars?
At the July 2026 indicative rate, 100 TWD is about 3.1207 USD or 2.3278 GBP. Use the converter above for other amounts.
How much is 100 US dollars in New Taiwan dollar?
At the July 2026 indicative rate, 100 USD is about 3,204 TWD.
Is the New Taiwan dollar the same as other dollar currencies?
No. Several currencies share the word, but each is a separate currency with its own code and value. The New Taiwan dollar is TWD; others include Eastern Caribbean dollar (XCD), Australian dollar (AUD), Bahamian dollar (BSD), Barbadian dollar (BBD).
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