100 Taiwan Dollar to AUD: The Current Exchange Rate and More
Are you planning a trip to Taiwan or doing business with a Taiwanese company? If so, you'll need to know the current exchange rate between the Taiwan Dollar (TWD) and the Australian Dollar (AUD). In this article, we'll take a closer look at the current exchange rate, as well as provide some useful information about the Taiwan Dollar and the Australian Dollar.
Current Exchange Rate
As of the current date, the exchange rate is:
100 TWD = approximately 4.35 AUD
Please note that exchange rates can fluctuate frequently, so it's essential to check the current rate before making any transactions.
About the Taiwan Dollar (TWD)
The Taiwan Dollar, also known as the New Taiwan Dollar, is the official currency of Taiwan. It was introduced in 1949, replacing the Old Taiwan Dollar at a ratio of 40,000 to 1. The Taiwan Dollar is issued by the Central Bank of the Republic of China (Taiwan) and is subdivided into 100 cents.
Taiwan Dollar Coins and Banknotes
The Taiwan Dollar has a range of coins and banknotes in circulation, including:
- Coins: 0.5, 1, 5, 10, 20, and 50 cents, as well as 1, 5, 10, 20, and 50 dollars
- Banknotes: 100, 200, 500, 1000, and 2000 dollars
About the Australian Dollar (AUD)
The Australian Dollar is the official currency of Australia, introduced in 1966. It is subdivided into 100 cents and is issued by the Reserve Bank of Australia.
Australian Dollar Coins and Banknotes
The Australian Dollar has a range of coins and banknotes in circulation, including:
- Coins: 5, 10, 20, and 50 cents, as well as 1 and 2 dollars
- Banknotes: 5, 10, 20, 50, and 100 dollars
Using Your Taiwan Dollars in Australia
While you can exchange your Taiwan Dollars for Australian Dollars at a currency exchange or bank, you may also be able to use your Taiwan Dollars in some tourist areas or businesses that cater to foreign visitors. However, it's always best to have some local currency, especially for smaller purchases or when traveling to more rural areas.
Conclusion
In conclusion, when exchanging 100 Taiwan Dollars to AUD, you can expect to receive approximately 4.35 Australian Dollars. Remember to check the current exchange rate before making any transactions, and consider exchanging your currency at a reputable currency exchange or bank. Happy travels or business dealings!
