Banknotes of Taiwan

The official currency of Taiwan is the New Taiwan Dollar (NTD), issued by the Central Bank of the Republic of China (Taiwan). Paper money was first introduced in Taiwan in 1949, coinciding with the establishment of the Republic of China on the island. A significant reform occurred in 1980 when a new series of banknotes was issued to combat inflation and improve security features. Collectors are particularly drawn to Taiwan's banknotes for their intricate designs and use of vibrant colors. The 2000 series, featuring the revered statesman Dr. Sun Yat-sen, not only showcases detailed portraits but also incorporates advanced security elements like watermarks and holograms, reflecting Taiwan's commitment to modern currency design.