Convert New Taiwan Dollar to Egyptian Pound
Please provide values below to convert New Taiwan Dollar [TWD] to Egyptian Pound [EGP], or Convert Egyptian Pound to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Egyptian Pound
1 TWD = 0.598386912718855 EGP
Example: convert 15 TWD to EGP:
15 TWD = 15 × 0.598386912718855 EGP = 8.97580369078282 EGP
New Taiwan Dollar to Egyptian Pound Conversion Table
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.