Convert New Taiwan Dollar to Swiss Franc
Please provide values below to convert New Taiwan Dollar [TWD] to Swiss Franc [CHF], or Convert Swiss Franc to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Swiss Franc
1 TWD = 36.9417536797081 CHF
Example: convert 15 TWD to CHF:
15 TWD = 15 × 36.9417536797081 CHF = 554.126305195622 CHF
New Taiwan Dollar to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.