Convert New Taiwan Dollar to Indonesian Rupiah
Please provide values below to convert New Taiwan Dollar [TWD] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Indonesian Rupiah
1 TWD = 0.0018028679531009 IDR
Example: convert 15 TWD to IDR:
15 TWD = 15 × 0.0018028679531009 IDR = 0.0270430192965135 IDR
New Taiwan Dollar to Indonesian Rupiah Conversion Table
| New Taiwan Dollar | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.