Taiwan New Dollar in Singapore Dollar

TWD Taiwan New Dollar

Country of application:
Republic of China (Taiwan)

Coin denominations in circulation:
1, 5, 10, 50 New Taiwan dollars.

Denominations of banknotes in circulation:
New Taiwanese dollars 100, 500, 1000.

History reference:
The New Taiwan Dollar is the currency of Taiwan. The Chinese term "New Taiwan dollar" (literally "new Taiwanese currency") is generally only used in banking and legal documents to avoid possible ambi...guity. In Taiwan, the term yuan is widely used in writing, and quai is also used in conversation. The New Taiwan Dollar was issued on June 15, 1949, replacing the Taiwan Dollar, which had been subject to inflation since the end of the Chinese Civil War. The exchange was carried out in the amount of NT$40,000 for NT$1.

SGD Singapore Dollar

Country of application:
Singapore

Coin denominations in circulation:
$ 1, 50, 20, 10, 5 and 1 cent.

Denominations of banknotes in circulation:
10 thousand, 1 thousand, 100, 50, 10, 5, 2 dollars.

History reference:
The Singapore dollar is the national currency of Singapore. Singapore was founded by Sir Stamford Raffles in February 1819. Until June 1823, Singapore was under British colonial rule. During this per...iod, Singapore became an important center of transit trade in Southeast Asia and a major port city. In circulation in Singapore, the first coins appeared in 1824, minted by the Calcutta Mint in India. The coins were made of copper with a face value of 1/3 cent and silver with a face value of 1/30 dollar. Between 1845 and 1939 Singapore used the Straits dollar. After that it was replaced by the Malayan dollar, and from 1953 by the Malaya and British Borneo dollar, which were issued by the Board of Commissioners of the Currency in Malaya and British Borneo.