Convert New Taiwan Dollar to Liberian Dollar
Please provide values below to convert New Taiwan Dollar [TWD] to Liberian Dollar [LRD], or Convert Liberian Dollar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Liberian Dollar
1 TWD = 0.146470687407162 LRD
Example: convert 15 TWD to LRD:
15 TWD = 15 × 0.146470687407162 LRD = 2.19706031110743 LRD
New Taiwan Dollar to Liberian Dollar Conversion Table
| New Taiwan Dollar | Liberian Dollar |
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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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.