Historic Pound sterling Taiwan dollar

Pound sterling taiwan dollar history since 22/11/2024 until today (0 years). Search for GBP to TWD exchange rate history for a particular date, month or year.

is the currency (supplied by Bank of England and the currency supplied by Bank of Taiwan. The GBP TWD historical data can be seen on the Pound sterling taiwan dollar historical chart.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

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.

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.