Job Discussion Forums

[*_*]

Is there a difference between NT and TWD or are the two interchangeable?? it's odd that I can't find NT in any of the online currency conversion tables...

thanks in advance

[BigWally]

i've seen it listed as NTD, TWD & NT, but they all mean "New Taiwanese Dollars" or "Taiwanese New Dollars"

best place to go, is http://www.xe.com/ucc/

i know that you'll find the conversion there for sure, near the bottom of the list

cheers

[kuberkat]

TWD is the terminology used internationally (just like GBR or USD, etc...), while NT is used inside the country. Odd that we still call it that, since the "New" Taiwan dollar has been around for ages now. Outside Taiwan, you are unlikely to find awareness of the "NT".

By the way, once you're there, you will soon be speaking of "yuan" or "kuai" anyway.

[BigWally]

ok kat you've got my interest now....

what are "yuan" & "kuai"? are there any other important terms in relation to money that i should know?

cheers

[kuberkat]

Now, BW, you are really putting my three full months of Chinese education to the test here. Disclaimer: I am no authority. But this is what I know. Expert opinions are welcome.

Yuan (pronounced "ywen?") is basically the Chinese word for a unit of money. The PRC's currency, officially known as "RenMinBi" (The people's nation something-or-other, reread disclaimer), Singapore dollars, British pounds, whatever currency can be described as yuan.

Kuai (pronounced "kwigh!") literally means a piece. So you can get yikuai pisa (one piece of pizza) or yikuai qian (pronounced "chyen?"). Yes, you guessed it. One dollar.

If my memory werves [sic! I meant swerves- no, serves!] me well, the latter is more informal. But this would be a great time for all those Zhongwen buffs to crawl out of the woodwork, please.

That'll learn ya to ask me questions, eh?

[*_*]

thanks guys

[I_is_teach_English]

[kuberkat]

Precisely! Bread, dough, moolah, dosh...