| |
|
|
| |
Home
>
World
> East Asia
> Taiwan
|
Money
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. Free import of foreign currency is allowed, subject to declaration. The export of foreign currency is limited to the equivalent of US$5000 or up to the amount imported and declared. 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:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 50.15 | 51.91 | 54.95 | 55.33 | | $1.00= | 34.41 | 34.13 | 34.75 | 34.75 |
Banking hours: Mon-Fri 0900-1530, Sat 0900-1200.
Copyright © 2003 Columbus Publishing Ltd.
Terms and Conditions apply.
|
|
|
|
|
