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Country Guide > East Asia > Taiwan | |
Currency New Taiwan Dollar (NT$) = 100 cents. Notes are in denominations of NT$1000, 500, 200, 100 and 50. Coins are in denominations of NT$50, 10, 5 and 1, and 50 cents. Currency exchange All travellers are required to make a currency declaration in writing together with the baggage declaration. Unused currency can be reconverted on departure, on production of exchange receipts. Credit & debit cards Accepted in most hotels, restaurants and shops. Travellers cheques Accepted in most hotels, restaurants and shops. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars. Currency restrictions The import and export of local currency is limited to NT$40,000 and a permit from the Ministry of Finance is required for amounts over NT$8000. The import and export of foreign currency is unlimited, although amounts over US$10,000 must be declared on arrival. All exchange receipts must be retained. Exchange rate indicators The following figures are included as a guide to the movements of the New Taiwan Dollar against Sterling and the US Dollar:
Banking hours Mon-Fri 0900-1530. |