TWD New Taiwan Dollar
Buy and sell New Taiwan Dollars in Sydney
NT$ notes for Taiwan, over the counter at Suite 202A on Level 2, 60 York Street, NSW 2000. We deal in both directions at 0% commission, on weekdays between 9:30am and 5pm. Photo ID, no account.
How to get your New Taiwan dollars
Three short steps, and no appointment involved.
Check today's TWD exchange rate
Run the numbers in the calculator first. It prices NT$ notes against your Australian dollars, and prices them the other way for anything that comes home unspent.
Visit our store
Take the lift to Suite 202A, Level 2, 60 York Street, NSW 2000, minutes from Wynyard on foot; a call to (02) 8014 4222 beforehand puts an amount by for you.
Get your cash
Notes are counted in the open, payment lands straight away, and whatever Taiwan leaves you can be sold back here.
Key information about the New Taiwan dollar
Five notes, two of them almost mythical, and a redesign in the works.
The New Taiwan dollar has been Taiwan's money since 1949, when it replaced the old Taiwan dollar at forty thousand to one. Taiwan's central bank issues every note and coin. On paper it divides into ten jiao, though nothing smaller than a dollar coin turns up in change, and the currency runs on a managed float.
Five denominations are printed - NT$100, NT$200, NT$500, NT$1,000 and NT$2,000 - but only three of them circulate. The NT$200 and NT$2,000 are so uncommon that a stallholder may study one before accepting it. A full redesign, the first in more than twenty years, was confirmed in 2026 and is still several years from the tills.
Taiwan is a cash island for anything smaller than a department store, which makes buying New Taiwan dollars in Sydney worth doing before you fly. NT$ is one of 22 currencies our board carries. Come up with photo ID, or ring us to reserve the sum first, and whatever survives the night markets sells back here.
New Taiwan Dollar details
- Currency
- New Taiwan Dollar
- Code
- TWD
- Symbol
- NT$
- Subunit
- 10 jiao or 100 fen, neither used in practice
- Central bank
- Central Bank of the Republic of China (Taiwan)
New Taiwan Dollar in use
- Banknotes
- NT$100, NT$200, NT$500, NT$1,000, NT$2,000 - the NT$200 and NT$2,000 are printed but seldom seen, so the working set is NT$100, NT$500 and NT$1,000
- Coins
- NT$1, NT$5, NT$10 and NT$50 in daily use, plus a rarely issued NT$20 and a half-dollar piece almost nobody handles
- Used in
- Taiwan, including the outlying islands of Penghu, Kinmen and Matsu
- Also used
- Nowhere else, and it is pegged to nothing. Outside Taiwan and a few Asian financial centres it is awkward to exchange, which is why travellers tend to sort it out before departure or convert what is left before flying home.
Ask for a stack of NT$100s. Cash machines in Taiwan dispense NT$1,000 notes, and handing a NT$1,000 to a night market stall for a NT$60 skewer causes genuine trouble.
Today's TWD exchange rate in Sydney
Everything below is priced from the AUD to TWD rate our counter is quoting. Above, Australian dollars converted into NT$ notes at the selling rate; underneath, NT$ notes turned back into A$ at the buying rate.
Buying New Taiwan dollars in Sydney
A$1 = NT$21.143
A$ to NT$, over the counter.
- Commission sits at 0%, so the quoted number covers everything and no charge trails behind it
- Cash is the only way to pay for now - cards are not taken here
- Tilt the mix towards NT$100s - outside hotels and department stores a NT$1,000 note is hard work
Selling New Taiwan dollars back in Sydney
NT$100 = A$4.34
NT$ notes in, A$ out.
- The count is settled first, then the Australian dollars are handed over immediately
- Only notes fit for resale - creased is fine, torn, taped or stained is not
- In practice you will bring back NT$100s, NT$500s and NT$1,000s; the seldom-seen NT$200 and NT$2,000 are easier spent before you leave
Rates on this page belong to the counter and shift as the market does. The stamp on the calculator dates this table too, and the figure agreed at the moment of handover is the operative one.
What things cost in Taiwan
Taipei sets the ceiling; Tainan, Kaohsiung and the smaller towns come in below it. Street food stays cheap all year, and Lunar New Year lifts everything else.
Taiwan travel money tips
One habit to fix before you land, and three smaller ones.
Night markets take cash and nothing else
Taiwan looks modern enough to travel on a card alone, and then you reach a night market. Shilin, Raohe and Ningxia run on notes and coins, and so do temple donation boxes, most family-run eateries and every scooter hire desk. Convenience stores, department stores and chain restaurants will tap a card happily, but the food that people fly in for is a cash economy.
Things to see in Taiwan
An island you can circle by train in a long day, stacked with mountains, hot springs and lantern-lit lanes - all of it easier with NT$ in your pocket.
Why exchange New Taiwan dollars with us
Notes for the trip, or the trip's remainder turned back into A$ - one counter in the Sydney CBD does both, on rates that carry a timestamp.
0% commission, no fees on top
Our AUD to TWD pricing has 0% commission built in, which means no fee arrives afterwards. However many NT$ the calculator returns for your Australian dollars, that is the count you take away.
Live, timestamped counter rates
Nothing here is a mid-market quote. The NT$ numbers are what our own counter is trading at, moved whenever the market moves and carrying the minute of their last change, in each direction.
Registered, reviewed, guaranteed
Every exchange runs through an AUSTRAC registered operator, ABN 18 675 798 302, holding stars from 59 Google reviews, backed by the Best Price Guarantee in black and white.
Rated on Google by 59 customers
Every one of these was left on our Google profile by someone who came up to Level 2. We cannot edit them or take them down.
"Nice attention, customer service and good rate"
"Great people. Great rates. Great location. Sunil is the best."
"Thanks sunil. Great service and great rates"
"Pretty good rates, the place is clean and comfortable to wait in."
See what customers across Sydney say about our rates and service.
Read them all on Googlearrow_forwardCommon questions about New Taiwan dollars
Not answered here? (02) 8014 4222 rings straight through to us.
Live in the calculator above, and quoted two ways: what New Taiwan dollars will cost, and what we pay to take them back. The pair is priced right across the trading day and the number travels with it, so the figure quoted when you exchange is the binding one.
Suite 202A sits on Level 2 at 60 York Street, Sydney NSW 2000, a few minutes' walk from Wynyard station. Doors are open Monday to Friday, 9:30am through 5pm, and no appointment is taken or needed - photo ID is the one thing to bring. To have an amount waiting, ring (02) 8014 4222 in advance.
The conversion table further down already works that out, pricing A$1,000 alongside four other round sums off the selling rate now on the board. It redraws whenever the calculator's rate moves, so it follows the day rather than fixing it, and what the counter finally quotes is what pays out.
None at all, buying or selling. New Taiwan dollars carry 0% commission and there is no handling or service fee behind the number. The counter's quoted rate covers the entire deal, so the Australian dollars you hand over, or receive, match the calculator's arithmetic exactly.
Generally yes - Taiwan draws a steady flow of Sydney travellers and NT$ sits among the 22 currencies this counter deals, so a walk-in visit usually does it. If the amount is sizeable or you want it weighted towards NT$100s, ring (02) 8014 4222 first and it can be arranged before you arrive.
Load up on NT$100s. They are what night market stalls, small eateries and temple boxes can actually deal with, and a NT$1,000 note for a NT$60 snack will not go down well. Keep a few NT$500s and NT$1,000s for hotels, taxis and department stores. The NT$200 and NT$2,000 hardly circulate at all.
Yes. Unspent NT$ notes come back across this counter at the buy-back rate the calculator is displaying. Condition governs it, since every note goes on to another customer: clean and intact is fine, while a note that has been torn, taped, scribbled on or through a washing machine may not be accepted.
Up to NT$100,000 per person, each way. Taiwan is unusual here: the amount above that ceiling is not permitted at all, so declaring it does not solve the problem the way it would elsewhere. Foreign currency is treated separately and needs declaring once it passes US$10,000 or the equivalent. For most holidays neither limit is close.
Valid photo identification, in either direction. Currency exchange sits inside Australia's money-laundering controls, which is why the counter has to identify customers on certain transactions regardless of which way the cash is going. Whether you are collecting NT$ before a flight or converting leftovers afterwards, bring ID and the exchange takes only a few minutes.
Need a different currency?
NT$ is one of 22 currencies dealt over this counter; open the full rate board to see where the rest of them sit today.
