Is it better to exchange Taiwan dollars at home or in Taiwan Province?
It will be more cost-effective to exchange new Taiwan dollars in Taiwan Province. In fact, it is the most cost-effective to use UnionPay cards to spend money directly in Taiwan Province. A few days late, the exchange rate of UnionPay card is around 1:4.5, but you can't use cards in some places, so remember to exchange them for cash.
What's the most convenient way to exchange Taiwan dollars in Taiwan Province?
A convenient way to exchange Taiwan dollars in Taiwan Province is to withdraw cash directly from the ATM. It's best to use offline bank cards, because Huaxia bank cards don't charge for the first cash withdrawal every day, and other banks don't charge much. Please consult the bank for details. After all, nail shops are different. It should be noted that UnionPay cards in mainlandChina can be directly consumed in Taiwan Province. When shopping, as long as it is a mainland credit card, the salesperson will usually calculate the price of RMB for you and tell you that it will be cheaper. Therefore, it is best to exchange NT dollars in Taiwan Province, or use Huaxia Bank Card, so that there is no handling fee for the first payment every day.
Is it more cost-effective to exchange US dollars for Taiwan dollars than RMB?
If you happen to have US dollars, it is more cost-effective to exchange US dollars for Taiwan dollars at banks in Taiwan Province. However, if you want to change RMB into US dollars first, and then change it into NT dollars, that's completely different. Because of the difference between buying and selling, it is definitely not worthwhile. Besides, all banks in Taiwan Province, including exchange points, have restrictions on old US dollars. You have to pay a certain percentage of handling fee to exchange old US dollars for Taiwan dollars.
the above are the strategies for exchanging Taiwan dollars. Have you decided whether to change foreign exchange? Where will it be more cost-effective?