Convert Bitcoin to New Taiwan Dollar
Please provide values below to convert Bitcoin [BTC] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Bitcoin.
How to Convert Bitcoin to New Taiwan Dollar
1 BTC = 2.87754437275535e-07 TWD
Example: convert 15 BTC to TWD:
15 BTC = 15 × 2.87754437275535e-07 TWD = 4.31631655913302e-06 TWD
Bitcoin to New Taiwan Dollar Conversion Table
| Bitcoin | New Taiwan Dollar |
|---|
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.