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Currency
The Republic of China's unit of currency is the New Taiwan dollar (NT$). The exchange rate, around NT$27 to US$1, has fluctuated greatly in recent years. Foreign currencies can be exchanged at government-designated banks and hotels. Receipts are given when currency is exchanged, and must be presented in order to exchange unused NT dollars before departure.
Major credit cards are accepted and traveler's checks may be cashed at some tourist-oriented businesses and by room guests at most international tourist hotels. American Express travelers checks can be cashed at the American Express office, 214 Tunhua N. Rd., Taipei, tel: (02) 7151581.
The standard tip is NT$30 per piece of luggage. A 10% service charge and a 5% value added tax (VAT) are automatically added to room rates and meals. All other tipping is optional.
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