Convert New Taiwan Dollar to Hong Kong Dollar
Please provide values below to convert New Taiwan Dollar [TWD] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Hong Kong Dollar
1 TWD = 3.74085963973604 HKD
Example: convert 15 TWD to HKD:
15 TWD = 15 × 3.74085963973604 HKD = 56.1128945960407 HKD
New Taiwan Dollar to Hong Kong Dollar Conversion Table
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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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.