Convert New Taiwan Dollar to Uzbekistan Som
Please provide values below to convert New Taiwan Dollar [TWD] to Uzbekistan Som [UZS], or Convert Uzbekistan Som to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Uzbekistan Som
1 TWD = 0.00231102713780182 UZS
Example: convert 15 TWD to UZS:
15 TWD = 15 × 0.00231102713780182 UZS = 0.0346654070670273 UZS
New Taiwan Dollar to Uzbekistan Som 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.
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.