Convert New Taiwan Dollar to US Dollar
Convert New Taiwan Dollar (TWD) to US Dollar (USD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan (Republic of China), introduced in 1949 when the Nationalist government retreated from mainland China to Taiwan. The Central Bank of the Republic of China (Taiwan) manages monetary policy. Taiwan has one of Asia's most dynamic economies and is a global technology powerhouse - TSMC (Taiwan Semiconductor Manufacturing Company), the world's largest contract chipmaker, is headquartered in Taiwan and produces the world's most advanced semiconductors.
About US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).