Convert New Taiwan Dollar to Czech Republic Koruna
Please provide values below to convert New Taiwan Dollar [TWD] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Czech Republic Koruna
1 TWD = 1.39853312377959 CZK
Example: convert 15 TWD to CZK:
15 TWD = 15 × 1.39853312377959 CZK = 20.9779968566938 CZK
New Taiwan Dollar to Czech Republic Koruna Conversion Table
| New Taiwan Dollar | Czech Republic Koruna |
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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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.