Taiwan New Dollar to Australian Dollar — exchange rate

Country of Circulation: Republic of China (Taiwan)

Currency Code, Symbol: TWD, NT$

Denominations of coins in circulation: NT$1, NT$5, NT$10, NT$50

Denominations of banknotes in circulation: NT$100, NT$500, NT$1000

History: The new Taiwanese dollar (NT$) is the national currency of Taiwan, issued by the bank of this Asian state. The currency is called yuan or kuai within the country. It is not used outside Taiwan.On the global exchange market, the currency is also known as TWD. One new Taiwanese dollar can be exchanged for 100 dimes. The new Taiwanese dollar took the place of the old one. The name is only used in the full form when it comes to legal documents and bank operations. It is necessary in order to avoid confusion.Read More

Country of Circulation: Australia, Ashmore and Cartier Islands, Australian Antarctic Territory, Christmas Island and others

Currency Code, Symbol: AUD, AU$

Denominations of coins in circulation: 5c, 10c, 20c, 50c, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Australian dollar (symbol: $ ,code: AUD, number 036) is the currency of the Commonwealth of Australia. It is used not only on the territory of Australia, but also on the adjacent islands: Cocos Islands, Norfolk, and Christmas Islands. $ is identified as AUD or by the classic dollar sign on the global financial market.One AUD is 100 cents. It has come into action in 1966, replacing the Australian pound. Since the late 80s, banknotes have been being made from special flexible plastic instead of paper. It makes money last longer in humid Australian climate. Interestingly, all banknotes have the same height, but are different in length. On the notes you can find portraits of historical and political figures, important buildings and objects. Australia also regularly issues commemorative coins worth 50 cents.Read More