Former currency of Taiwan
Old Taiwan dollar舊臺幣 (Chinese) |
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Unit | yuan (圓) |
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Plural | The language(s) of this currency do(es) not have a morphological plural distinction. |
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Symbol | TW$ |
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Banknotes | 1, 5, 10, 50, 100, 500, 1000, 5000, 10000, 100000, 1000000 dollars |
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Date of introduction | 1946 |
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Replaced | Taiwanese yen |
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Date of withdrawal | 1949 |
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Replaced by | New Taiwan dollar |
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User(s) | Taiwan Province, Republic of China |
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Central bank | Bank of Taiwan |
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Website | www.bot.com.tw |
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Printer | China Engraving and Printing Works |
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Website | www.cepp.gov.tw |
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Value | TW$40 000 = NT$1 |
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This infobox shows the latest status before this currency was rendered obsolete. |
The Old Taiwan dollar was in use from 1946 to 1949, beginning shortly after Taiwan's handover from Japan to the Republic of China. The currency was issued by the Bank of Taiwan. Hyperinflation prompted the introduction of the New Taiwan dollar in June 1949, shortly before the Nationalist evacuation from mainland China in December.