Convert New Taiwan Dollar to United Arab Emirates Dirham
Please provide values below to convert New Taiwan Dollar [TWD] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to New Taiwan Dollar.
How to Convert New Taiwan Dollar to United Arab Emirates Dirham
1 TWD = 7.99591558883594 AED
Example: convert 15 TWD to AED:
15 TWD = 15 × 7.99591558883594 AED = 119.938733832539 AED
New Taiwan Dollar to United Arab Emirates Dirham Conversion Table
| New Taiwan Dollar | United Arab Emirates Dirham |
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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.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.