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Does Taiwan use RMB

by Victor

Taiwan does not use, but uses, new divided into old Taiwan dollar and new Taiwan dollar.

The predecessor of the New Taiwan Dollar was the old Taiwan Dollar issued on June 15, 1949.

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New Taiwan dollar as opposed to old Taiwan dollar.

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Now when it comes to Taiwan dollars, it means New Taiwan dollars.

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The old Taiwan Dollar went out of use in the 1950s.

The basic unit of the New Taiwan dollar is the “circle”, but it is usually written as “yuan“.

1 circle =10 angles =100 points.

The Taiwan Dollar is a set of laws issued by the Central Bank of Taiwan, China.

Its basic unit is the circle, the currency code is.

The issuing units include coins and paper money.

Coins come in five dimes, one, five, ten, twenty and fifty.

The notes are in denominations of 100, 200, 500, 1000 and 2000.

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