Convert New Taiwan Dollar to Barbadian Dollar
Please provide values below to convert New Taiwan Dollar [TWD] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Barbadian Dollar
1 TWD = 14.6825 BBD
Example: convert 15 TWD to BBD:
15 TWD = 15 × 14.6825 BBD = 220.2375 BBD
New Taiwan Dollar to Barbadian Dollar Conversion Table
| New Taiwan Dollar | Barbadian Dollar |
|---|
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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.