Taiwan has never used the yuan as its official currency. Instead, Taiwan uses the New Taiwan Dollar (TWD) as its legal tender. The yuan, specifically the renminbi (RMB), is the currency of mainland China, and due to Taiwan's separate political and economic status, it has maintained its own currency system. While there may be transactions involving yuan, especially in trade, Taiwan's currency remains distinct from China's.
currency in Taiwan is called the Taiwan dollar.
The currency of Taiwan is "New Taiwan Dollars or NTD".
The New Taiwan Dollar
There is no way to determine one currency's exchange rate. To find out what is the value of one currncy it has to be compare to another currency. For example, you can check what is the exchange rate of the Taiwan currency (TWD) in comparison the US Dollar (USD). Currently the USD/TWD is worth 29.7893
The RMB currency, also known as the renminbi, is the official currency of China. Renminbi is legal tender in mainland China, but not in Hong Kong, Taiwan, or Macau.
As the earlier answer pointed out, in Taiwan. However, you can also go to any nearby currency exchange store and they will most likely be able to exchange any of your currency for the New Taiwan Dollar!
Very big
Taiwan uses the Taiwan Dollar. As of 09Oct09, 1 US Dollar was worth 32.3 Taiwan Dollars.
They use dollars, but Taiwan dollar. Source(s): http://en.wikipedia.org/wiki/New_Taiwan_dollar New Taiwan Dollars
Yuan is the Taiwan currency. It is also referred as NT (for New Taiwan) or TWD. 100 TWD = about 3.10 USD
As of 11Feb09 the Taiwan Dollar (TWD) was trading at 34 to the US Dollar