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Exchange Rate Taipei City
Use the currency converter below to calculate the current exchange rate for the city of Taipei City. The currency used in Taipei City is the New Taiwan Dollar. Taipei City is the capital of Taiwan.
If you are traveling to Taipei City, you will need to exchange your currency for the Taiwanese Dollar. You may exchange your money for the New Taiwan Dollar at most Taipei City banks or at specialized stores called Foreign Exchange Bureaus. Look for signs that say Bureau De Change, Geld Wechseln or Cambio. You may be able to exchange your money at the Taipei City airport, but exchange rates may not be the best. You should consider purchasing the New Taiwan Dollar currency at a more favorable exchange rate before you arrive in Taipei City. You can do that by researching online currency brokers that do foreign exchange. If on holiday, vacation, or business you can also inquire about purchasing travellers checks (Travellers Cheques). Also, before your trip, consult with your credit or debit card bank about the foreign exchange transaction fees charged for using your card in Taipei City, Taiwan.
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About Taipei City
Taipei City ("Northern Taiwan City") is the largest city of Taiwan and the capital of the Republic of China (commonly known as "Taiwan"). Situated at the tip of the island, Taipei is located on the Danshui River, and is about 25 km southwest of Keelung, its port on the Pacific Ocean. Another coastal city, Danshui, is about 20 km northwest at the river's mouth on the Taiwan Strait. It lies in the two relatively narrow valleys of the Keelung and Xindian rivers, which join to form the Danshui River along the city's western border. The city proper (Taipei City) is home to an estimated 2,607,428 people. Taipei City, Taipei County, and Keelung City together form the Taipei metropolitan area with a population of 6,776,264. However, they are administered under different local governing bodies. "Taipei" sometimes refers to the whole metropolitan area, while "Taipei City" refers to the city proper.
Taipei is the political, economic, and cultural center of Taiwan. The National Taiwan University is located in Taipei, as well as the National Palace Museum, which has one of the largest collections of Chinese artifacts and artworks in the world. Considered to be a global city, Taipei is part of a major industrial area. Railways, high speed rail, highways, airports, and bus lines connect Taipei with all parts of the island. The city is served by two airports - Taipei Songshan and Taiwan Taoyuan.
Taipei was founded in the early 18th century and became an important center for overseas trade in the 19th century. The Chinese government, then the Qing Dynasty, made Taipei the provincial capital of Taiwan in 1886. When the Japanese acquired Taiwan in 1895 after the First Sino-Japanese War, they retained Taipei as the capital of the island. The Republic of China took over the island in 1945 after Japan's defeat in World War II. After losing the Chinese Civil War to the Communists, Chiang Kai-shek and his government retreated to Taiwan and declared Taipei the provisional capital of the Republic of China in December 1949.