The Republic of China's unit of currency is the New Taiwan Dollar (NT$). The New Taiwan Dollar has five denominations in notes and five in coins. The notes come in NT$2000, NT$1000, NT$500, NT$200, and NT$100 denominations. The coins come in NT$50, NT$20, NT$10, NT$5 and NT$1 denominations.
Foreign currencies can be exchanged at government-designated banks and hotels. Receipts are given when travellers exchange currency and must be presented in order to exchange unused NT dollars before departure.
Major credit cards such as American Express, Master Card, Visa, and Diners Club are accepted. Travellers’ cheques may be cashed at foreign-exchange banks, various tourist-oriented businesses, and most international tourist hotels.
*For further information about New Taiwan Dollar notes, please visit the Central Bank of the Republic of China (Taiwan) website.