New Taiwan Dollar (TWD, usually written as NT$), banknotes: 2000 (less circulated), 1000, 500, 200 (less circulated), 100; coins: 50, 20 ( less circulated), 10, 5, 1. The exchange rate is approximately 1:4.97, and some banks in Taiwan can directly exchange RMB and Taiwan dollars. But not all banks can exchange, so it is more convenient to bring Hong Kong dollars or US dollars. And now there is a window for exchanging RMB for New Taiwan Dollars at the airport, which is very convenient; 7-11 convenience stores in Taiwan now have UnionPay machines, and you can directly withdraw cash (withdraw New Taiwan Dollars) with UnionPay cards.

Credit cards can be used in general shopping malls in Taiwan. Tourists need to use VISA and MasterCard dual-currency credit cards for consumption. However, you should pay attention to two points when using VISA cards: First, in many places in Taiwan, purchases of less than NT$1,000 cannot be swiped by card, and second, the handling fee for overseas card swiping is very high. Moreover, UnionPay cards are currently available in 18 banks across Taiwan, and they are basically all international banks in Taiwan, such as Fubon Bank. Therefore, it is recommended to withdraw money with UnionPay card.

I don’t know if you are traveling with a group or traveling independently. If you are traveling independently, you will have more options and have more fun. Moreover, independent travel in Taiwan may be launched in July. CYTS’s Aoyou.com now has an “online queue” You can check out the "Go to Taiwan" event.