noun
New Taiwan dollar
The official currency of Taiwan. Often abbreviated as TWD or NT$.
台湾元は台湾の法定通貨です。
The New Taiwan dollar is the legal tender of Taiwan.
空港で日本円を台湾元に両替した。
I exchanged Japanese yen for New Taiwan dollars at the airport.
元 is the Chinese yuan; 台湾元 specifically refers to the Taiwanese currency.
Compound of 台湾 (Taiwan) and 元 (yuan, the Chinese currency unit).