01/01/2005: New Taiwan dollar banknotes issued
New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.
31/12/2004: Return to the boliviano
Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.
31/12/2003: Dollarization crisis
Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.
30/04/1991: Foreign Exchange Control Act revised
Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.
31/03/1988: Bolivianoization
Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.
15/07/1987: Lifting of martial law
The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.
28/02/1987: Introduction of the second boliviano
A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.
31/01/1986: Hyperinflation crisis
Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.
16/12/1971: Taiwan's expulsion from the UN
The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.
31/12/1962: Monetary reform
The boliviano underwent a monetary reform, with new banknotes and coins being issued.
03/03/1952: TWD pegged to the US Dollar
The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.
10/12/1949: Chinese Civil War ends
The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.
25/10/1945: Taiwan is restored to the Republic of China
After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.
31/12/1891: Introduction of Bolivian boliviano
The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.