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New Taiwan dollar is the official currency of Taiwan, which may be subdivided into 100 cents, although cents are rarely used now. The New Taiwan dollars has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar.Since 2000, the Central Bank of the Republic of China is the central bank of Taiwan, which currently issues the New Taiwan dollar. While the Bank of Taiwan issued banknotes prior to 2000, it was also the de facto central bank between 1949 and 1961.
In the 1900s during Japanese colonialism gold mining was a prosperous industry. These old gold mines are now public museums, where you can touch real gold and learn about mining!
The dollar is the official currency of New Taiwan. The ISO 4127 currency code for the New Taiwan Dollar is TWD.