Prior to February 1979, management of foreign exchange in the Republic of China was characterized by a central clearing and settlement system. Following the establishment of the Taipei Foreign Exchange Market in February 1979, a flexible exchange rate system was formally implemented. Since then, the NT dollar exchange rate has been determined by the market. However, when the market is disrupted by seasonal or irregular factors, the Bank will step in.

Link to related Statistics (NT Dollar Exchange Rates Daily | Monthly | Monthly_Historical | Annual )