Convert Uzbekistan Som to New Taiwan Dollar
Please provide values below to convert Uzbekistan Som [UZS] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Uzbekistan Som.
How to Convert Uzbekistan Som to New Taiwan Dollar
1 UZS = 432.708029967649 TWD
Example: convert 15 UZS to TWD:
15 UZS = 15 × 432.708029967649 TWD = 6490.62044951473 TWD
Uzbekistan Som to New Taiwan Dollar Conversion Table
| Uzbekistan Som | New Taiwan Dollar |
|---|
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.
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.