Convert New Taiwan Dollar to Canadian Dollar
Please provide values below to convert New Taiwan Dollar [TWD] to Canadian Dollar [CAD], or Convert Canadian Dollar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Canadian Dollar
1 TWD = 21.5522935779817 CAD
Example: convert 15 TWD to CAD:
15 TWD = 15 × 21.5522935779817 CAD = 323.284403669725 CAD
New Taiwan Dollar to Canadian Dollar Conversion Table
| New Taiwan Dollar | Canadian Dollar |
|---|
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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.