Historic Taiwan dollar Australian dollar

Taiwan dollar australian dollar history for August 2023. The highest quote for this month is 0.049206 (25/08/2023) and the lowest 0.051948 (01/08/2023). The difference between high and low is -5.57.

TWD AUD average rate for August 2023 is 0.04846, the change between 01/08/2023 and 31/08/2023 is -2.37 %.

01 August 20231 TWD = 0.0474 AUD
02 August 20231 TWD = 0.0478 AUD
03 August 20231 TWD = 0.0483 AUD
04 August 20231 TWD = 0.0482 AUD
07 August 20231 TWD = 0.0481 AUD
08 August 20231 TWD = 0.0480 AUD
09 August 20231 TWD = 0.0482 AUD
10 August 20231 TWD = 0.0482 AUD
11 August 20231 TWD = 0.0484 AUD
12 August 20231 TWD = 0.0482 AUD
14 August 20231 TWD = 0.0483 AUD
15 August 20231 TWD = 0.0483 AUD
16 August 20231 TWD = 0.0486 AUD
17 August 20231 TWD = 0.0488 AUD
18 August 20231 TWD = 0.0489 AUD
20 August 20231 TWD = 0.0490 AUD
21 August 20231 TWD = 0.0489 AUD
22 August 20231 TWD = 0.0488 AUD
23 August 20231 TWD = 0.0487 AUD
24 August 20231 TWD = 0.0484 AUD
25 August 20231 TWD = 0.0490 AUD
28 August 20231 TWD = 0.0490 AUD
29 August 20231 TWD = 0.0489 AUD
30 August 20231 TWD = 0.0486 AUD
31 August 20231 TWD = 0.0485 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.