General

The Taiwan R.O.C. unit of currency is the New Taiwan Dollar (NT$), which has five denominations in paper money and five in coins. Paper money comes in NT$2000, NT$1000, NT$500, NT$200, and NT$100 denominations. Coins comes in NT$50, NT$20, NT$10, NT$5 and NT$1 denominations.

Public phones in Taiwan are divided primarily into two types, coin and card. Coin phones accept coins in denominations of NT$1, NT$5, and NT10. For local calls, NT$1 buys one minute of phone time. Phone cards are divided into magnetic strip stored value cards and IC stored value cards, and can be used all over Taiwan. Magnetic strip cards sell for NT$100 each, and IC cards are available in NT$200 and NT$300 versions.