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base info Minu

Minu to New Taiwan Dollar Converter and calculator

Convert 1Minu (MINU) to New Taiwan Dollar (TWD) equals NT$ 0.{4}1223 | Bitget

TWD information

About the New Taiwan Dollar (TWD)

What Is the New Taiwan Dollar (TWD)?

The New Taiwan Dollar (TWD), symbolized as NT$ and sometimes abbreviated as NT, is the official currency of Taiwan. Its ISO currency code is TWD. Introduced in 1949, it replaced the Old Taiwan Dollar. The basic unit of the TWD is called a yuan, which is further subdivided into ten chiao and 100 fen, though these smaller units are rarely used in everyday transactions. The New Taiwan Dollar is the sole legal tender used for all transactions within Taiwan.

The New Taiwan Dollar (TWD) is issued by the Central Bank of the Republic of China (Taiwan). This central bank took over the issuance of the TWD in the year 2000. Prior to that, from its introduction in 1949 until 2000, the Bank of Taiwan was responsible for issuing the currency. The transition of this responsibility to the Central Bank of the Republic of China marked the TWD's elevation from a provincial to a national currency.

What Is the History of TWD?

The TWD was introduced on June 15, 1949, replacing the Old Taiwan Dollar at a rate of 40,000 to 1. This change aimed to combat the hyperinflation affecting Nationalist China during the Chinese Civil War. The currency's introduction marked a pivotal moment in Taiwan's economic history, laying the foundation for future financial stability.

Notes and Coins of TWD

The TWD is available in various banknotes and coins. Banknotes are issued in denominations of NT$100, NT$200 (seldom used), NT$500, NT$1000, and NT$2000. Coins come in denominations of NT$1, NT$5, NT$10, NT$20 (rarely used), and NT$50.

What Is the Difference Between New Taiwan Dollar And Old Taiwan Dollar?

The New Taiwan Dollar (TWD), introduced in 1949, replaced the Old Taiwan Dollar to combat severe hyperinflation that had gripped Taiwan following World War II. This change occurred when Taiwan transitioned from Japanese to the Republic of China's control, marked by economic instability due to the ongoing civil war in China. The Old Taiwan Dollar, plagued by rapidly declining value, led to the issuance of extremely high denominations, reaching up to 1 million Old Taiwan Dollars by 1949. In stark contrast, the New Taiwan Dollar was introduced at an exchange rate of 1 New Taiwan Dollar to 40,000 Old Taiwan Dollars, a move that was pivotal in stabilizing Taiwan's economy. Initially issued by the Bank of Taiwan, the responsibility for the New Taiwan Dollar was later transferred to the Central Bank of the Republic of China (Taiwan) in 2000, solidifying its status as the national currency and symbolizing a significant step towards economic recovery and stability.

Can You Use TWD in China?

No, the New Taiwan Dollar (TWD) is generally not accepted for regular transactions in Mainland China. In China, the official currency is the Chinese Yuan (CNY), also known as Renminbi (RMB). For everyday transactions in China, such as purchasing goods or services, you would need to use the Yuan.

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Bitget crypto-to-fiat exchange data shows that the most popular Minu currency pair is the MINU to TWD, with for Minu's currency code being MINU. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TWD.

MINU to TWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Minu has changed +0.13% to TWD. Based on the trend and price charts, Minu(MINU) has changed +0.13% to TWD while New Taiwan Dollar(TWD) has changed % to MINU in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
NT$0.{4}1223
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/16 20:22:54(UTC+0)

What factors influence the conversion rate of Minu to New Taiwan Dollar?

Minu to New Taiwan Dollar is falling this week.
Minu's current market price is NT$ 0.{4}1223 per MINU, with a total market cap of NT$ 72,752,251.97 TWD based on a circulating supply of 5,948,277,000,000 MINU. The trading volume of Minu has changed by -9.08% (NT$ -11,661,956.19 TWD) in the last 24 hours. Last trading day, MINU's trading volume was NT$ 128,387,566.18.
Market cap
$2.24M
24h volume
$3.59M
Circulating supply
5.95T MINU

Conversion tables

The exchange rate of Minu is decreasing.
1 MINU is currently valued at NT$ 0.{4}1223 TWD , which means buying 5 MINU will cost NT$ 0.{4}6115 TWD . Similarly, NT$1 TWD can be traded for 81,760.72 MINU, and NT$50 TWD can be converted to 4,088,036.12 MINU, excluding any platform or gas fees.
The exchange rate of 1 MINU to New Taiwan Dollar has changed by -13.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.13%, reaching a high of 0.{4}1360 TWD and a low of 0.{4}1158 TWD . One month ago, the value of 1 MINU was NT$ 0.{4}1554 TWD , which represents a -21.27% change from its current value. Over the last year, Minu has changed by
+NT$
0.{5}2477TWD
, resulting in a change of --% in its value.

MINU to TWD

Amount
20:22 today
0.5 MINU
NT$0.{5}6115
1 MINU
NT$0.{4}1223
5 MINU
NT$0.{4}6115
10 MINU
NT$0.0001223
50 MINU
NT$0.0006115
100 MINU
NT$0.001223
500 MINU
NT$0.006115
1000 MINU
NT$0.01223

TWD to MINU

Amount20:22 today
0.5TWD40,880.36  MINU
1TWD81,760.72  MINU
5TWD408,803.61  MINU
10TWD817,607.22  MINU
50TWD4,088,036.12  MINU
100TWD8,176,072.24  MINU
500TWD40,880,361.2  MINU
1000TWD81,760,722.4  MINU
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Today vs. 24 hours ago

Amount20:22 today24 hours ago24h change
0.5 MINU$0.{6}1880$0.{6}1878
+0.13%
1 MINU$0.{6}3760$0.{6}3755
+0.13%
5 MINU$0.{5}1880$0.{5}1878
+0.13%
10 MINU$0.{5}3760$0.{5}3755
+0.13%
50 MINU$0.{4}1880$0.{4}1878
+0.13%
100 MINU$0.{4}3760$0.{4}3755
+0.13%
500 MINU$0.0001880$0.0001878
+0.13%
1000 MINU$0.0003760$0.0003755
+0.13%

Today vs. 1 month ago

Amount20:22 today1 month ago1M change
0.5 MINU$0.{6}1880$0.{6}2388
-21.27%
1 MINU$0.{6}3760$0.{6}4777
-21.27%
5 MINU$0.{5}1880$0.{5}2388
-21.27%
10 MINU$0.{5}3760$0.{5}4777
-21.27%
50 MINU$0.{4}1880$0.{4}2388
-21.27%
100 MINU$0.{4}3760$0.{4}4777
-21.27%
500 MINU$0.0001880$0.0002388
-21.27%
1000 MINU$0.0003760$0.0004777
-21.27%

Today vs. 1 year ago

Amount20:22 today1 year ago1Y change
0.5 MINU$0.{6}1880$-0.{10}6092
--
1 MINU$0.{6}3760$-0.{9}1218
--
5 MINU$0.{5}1880$-0.{9}6092
--
10 MINU$0.{5}3760$-0.{8}1218
--
50 MINU$0.{4}1880$-0.{8}6092
--
100 MINU$0.{4}3760$-0.{7}1218
--
500 MINU$0.0001880$-0.{7}6092
--
1000 MINU$0.0003760$-0.{6}1218
--

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.