The official currency of Taiwan is the New Taiwan Dollar (NTD), which is available in the following denominations:
Coins: NTD 1, NTD 5, NTD 10, NTD 50
Notes: $100, $200, $500, $1000
Shops in Taiwan do not accept traveler’s cheques. Visitors holding traveler’s cheques can opt to have them converted into NTD denominations at any local bank.