Convert New Taiwan Dollar to Algerian Dinar
Please provide values below to convert New Taiwan Dollar [TWD] to Algerian Dinar [DZD], or Convert Algerian Dinar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Algerian Dinar
1 TWD = 0.225883051578874 DZD
Example: convert 15 TWD to DZD:
15 TWD = 15 × 0.225883051578874 DZD = 3.38824577368311 DZD
New Taiwan Dollar to Algerian Dinar 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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.