The New Taiwan Dollar (TWD), the official currency of Taiwan, has a unique history marked by resilience and evolution. Introduced in 1949 to replace the Old Taiwan Dollar, the New Taiwan Dollar was part of an effort to combat hyperinflation following World War II. This decisive change helped stabilize Taiwan’s economy and set the stage for the country’s rapid industrialization and economic growth.

Featuring modern security features and vibrant designs, the TWD banknotes reflect Taiwan’s rich cultural heritage, with iconic images such as the Chung-Shan Building, Taipei’s Chiang Kai-Shek Memorial Hall, and portraits of renowned figures like Dr. Sun Yat-sen. As a crucial player in the global tech supply chain, Taiwan’s economic strength has increasingly brought the New Taiwan Dollar into the spotlight in international finance circles.