TWD (Taiwan Dollar)

DEFINITION of 'TWD (Taiwan Dollar)'

The currency abbreviation for the Taiwan dollar (TWD), the currency for the Republic of China within Taiwan, Pescadores, Kinmnet and Matsu. The Taiwan dollar is made up of 10 jiao, and 100 fen, and is often presented with the symbol NT$.

BREAKING DOWN 'TWD (Taiwan Dollar)'

TWD is often referred to as the "new Taiwan dollar", which replaced the old one at a rate of 40,000:1 in 1949 in an attempt to end the hyperinflation the country was experiencing.

RELATED TERMS
  1. Taiwan Stock Exchange (TAI) .TW

    The securities trading center in Taiwan. The Taiwan Stock Exchange ...
  2. Taiwan OTC Exchange (TWO) .TWO ...

    An alternative securities exchange in Taiwan with listing criteria ...
  3. Morris Chang

    The founder, chairman and CEO of Taiwan Semiconductor Manufacturing ...
  4. Full Delivery Shares

    A rating given to the stock of a company traded on the Taiwan ...
  5. China Credit Information Service ...

    One of the chief credit informational agencies in Taiwan. China ...
  6. Taiwan Stock Exhange Corporation ...

    A stock market index comprised of companies traded on the Taiwan ...
Related Articles
  1. Economics

    How China and Taiwan Each Operate Economies As The One True China

    Taiwan grapples with diplomatic isolation while issues regarding its status remain unresolved and so does the question of its unification with China, if ever.
  2. Mutual Funds & ETFs

    (EWT, FTW, QTWN) 3 Best Taiwan ETFs for 2016

    Examine detailed analysis of three exchange-traded funds that track the Taiwan equity market, and learn about the characteristics and suitability of these ETFs.
  3. Mutual Funds & ETFs

    EWT: iShares MSCI Taiwan ETF

    Take a look at the largest Taiwan ETF: BlackRock's iShares MSCI Taiwan. Learn how investors can best apply EWT to their overall portfolio.
  4. Stock Analysis

    Is Smaller Better? In the Chip Sector, Yes: TSM

    One of the world's biggest semiconductor manufacturers, one you might never have heard of, creates products you use every day.
  5. Chart Advisor

    Downtrends in Japan, Brazil and Taiwan Are Set to Continue (EWZ, EWJ)

    Nearby trendlines suggest that stocks in Japan, Brazil and Taiwan are headed lower from here.
  6. Chart Advisor

    These Two Emerging Markets Are Set to Move Higher (PIN, EWT)

    Active traders are turning their attention to the emerging markets because the price of a key exchange traded fund that tracks the segment has recently crossed above a key level of resistance. ...
  7. Forex Education

    Yuan Vs RMB: Understanding The Difference

    One question still perplexes many. Is China’s currency the yuan (pronounced yoo-ahn) or the renminbi?
  8. Investing

    Top Asia-Pacific ETFs

    A look at some of the popular exchange traded funds providing access to the Asia-Pacific region.
  9. Economics

    10 Countries With The Biggest Forex Reserves

    Without adequate reserves, a nation's economy can grind to a halt. Here are the 10 nations with the biggest forex reserves.
  10. Mutual Funds & ETFs

    5 Popular Asia Pacific ex-Japan ETFs in 2016 (FXI, EWY)

    Read about five of the top Asia-Pacific ETFs designed to exclude Japan's dominant influence, and learn more about the exposure each offers.
RELATED FAQS
  1. Is Taiwan a developed country?

    Understand why Taiwan meets nearly all of the accepted criteria for a developed country, despite not being considered one ... Read Answer >>
  2. What are the most common market indicators to follow the Chinese stock market and ...

    Learn the most commonly followed market and economic indicators used by market analysts to track the Chinese stock market ... Read Answer >>
  3. What do the terms weak dollar and strong dollar mean?

    The two terms, weak dollar and strong dollar, are generalizations used in the foreign exchange market to describe the relative ... Read Answer >>
  4. What's the difference between hyperinflation and inflation?

    Learn the difference between inflation, which can be a normal part of economic fluctuation, and potentially economy-killing ... Read Answer >>
  5. What are the advantages of foreign portfolio investment?

    Learn the advantages that businesses can derive from foreign portfolio investment in an increasingly globalized business ... Read Answer >>
  6. Why is the U.S. dollar shown on the top of some currency pairs and on the bottom ...

    All currencies are traded in pairs. The first currency in the pair is called the base currency while the second is called ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center