Currency

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The Republic of China's unit of currency is the New Taiwan Dollar (NT$), which has five denominations in paper money and four in coins. Bank notes comes in NT$2000, NT$1000, NT$500, NT$200 and NT$100 denominations. Coins come in NT$50, NT$10, NT$5 and NT$1 denominations. For current exchange rates, use the Currency Converter at http://www.xe.net/ucc

Foreign currencies can be exchanged at airports, government-designated banks and hotels.

Major credit cards are widely accepted. Traveller's cheques may be cashed at foreign-exchange banks, some tourist-oriented businesses, and (by room guests) most international tourist hotels.

ATM's are widespread throughout the cities and major credit cards are accepted. However, some only accept cards held by nationals. This isn't made obvious so several machines may have to be tried before they will dispense cash.

Contributors
November 19, 2006 change by timbo1961 (1 point)
October 30, 2005 change by marsbar

type:Money matters
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