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TWD to GBP: Buy New Taiwan Dollars (TWD)
Currency in Taiwan – The New Taiwan Dollar (TWD)
Planning a trip to Taiwan and wondering about the TWD currency or whether to take cash before you go? The official currency of Taiwan is the New Taiwan dollar (TWD). The currency symbol is “NT$”, and you’ll commonly see prices displayed this way across the country.
Whether you're checking the TWD to GBP rate or looking to buy New Taiwan dollars ahead of your trip, understanding how the currency works will help you budget effectively and avoid unnecessary costs.
What Currency Should You Take to Taiwan?
If you're travelling from the UK, you'll likely be comparing British pounds (GBP) to New Taiwan dollars (TWD), checking the GBP to TWD exchange rate, or using a pounds-to-TWD converter before you travel. Planning ahead can help you get a better deal and avoid costly exchange rates abroad.
Cash vs Card in Taiwan
Card payments are widely accepted in cities, major shops, and hotels, especially in places like Taipei. However, cash is still very important for everyday spending. Cash may be beneficial for:
- Avoiding foreign transaction fees charged by UK banks
- Paying in night markets, small shops, and local eateries
- Covering transport such as taxis and local buses
- Making quick, low-value purchases
While contactless and digital payments are becoming more common, relying entirely on cards can lead to extra fees and may not always be practical. Having TWD in cash helps you stay in control of your spending.
ATM Fees in Taiwan
ATMs are widely available across Taiwan, but withdrawing cash with a UK card can result in additional charges from both your bank and local ATM providers. Exchange rates offered at ATMs may also be less favourable. Bringing New Taiwan dollars with you is often better value than withdrawing money abroad.
Tipping in Taiwan
Tipping is not generally expected in Taiwan. In most restaurants, hotels, and services, a service charge may already be included. However, small tips for exceptional service are always appreciated. Carrying smaller TWD notes can be useful if you choose to tip.
TWD to GBP Exchange Rate
Keeping an eye on the TWD to GBP rate helps you understand how much your money is worth. Whether you're tracking GBP to TWD, comparing rates, or checking how much £1 converts to in New Taiwan dollars, it’s important to remember that exchange rates fluctuate daily.
GBP to TWD: Quick Conversions
Use a live currency converter for the latest New Taiwan dollar exchange rate. Some useful conversions for your trip may include:
- £1 in TWD: changes daily, good to keep an eye on
- £50 to TWD: useful for everyday spending
- £100 to TWD: a common amount for travellers
- £500 to TWD: helpful for budgeting hotels, shopping, or excursions
For the most accurate conversions, use an up-to-date currency calculator before you exchange. You can also check a TWD currency cheat sheet before your trip for quick reference.
Why Buy TWD from Tavex?
When you're ready to buy foreign currency such as New Taiwan dollars, Tavex offers a reliable and competitive travel money service. With a wide range of currencies available, you can easily prepare for your trip. Benefits include:
- Competitive GBP to TWD exchange rates with no commission
- Rate guarantee when you order online
- Click & collect from the Hatton Garden shop in London
- Fast and secure home delivery across the UK
- Walk-in service for last-minute travel needs
Tavex helps ensure better value when converting British pounds to New Taiwan dollars.
About the New Taiwan Dollar
The New Taiwan dollar is divided into 100 cents (though cents are rarely used in everyday transactions). Banknotes feature important historical figures and cultural symbols, while coins are commonly used for smaller purchases.
Banknotes and Coins:
- Banknotes: 100, 200, 500, 1000, 2000 TWD
- Coins: 1, 5, 10, 20, 50 TWD
Whether you're exploring Taipei’s night markets, visiting scenic mountains, or discovering Taiwan’s rich cultural heritage, having your TWD currency ready in advance will make your trip smoother and more cost-effective.
