Convert New Taiwan Dollar to Ugandan Shilling
Please provide values below to convert New Taiwan Dollar [TWD] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Ugandan Shilling
1 TWD = 0.00823409655683254 UGX
Example: convert 15 TWD to UGX:
15 TWD = 15 × 0.00823409655683254 UGX = 0.123511448352488 UGX
New Taiwan Dollar to Ugandan Shilling Conversion Table
| New Taiwan Dollar | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.