Convert Euro to New Taiwan Dollar
Please provide values below to convert Euro [EUR] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Euro.
How to Convert Euro to New Taiwan Dollar
1 EUR = 0.0290379703728929 TWD
Example: convert 15 EUR to TWD:
15 EUR = 15 × 0.0290379703728929 TWD = 0.435569555593393 TWD
Euro to New Taiwan Dollar Conversion Table
| Euro | New Taiwan Dollar |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.