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500 Yuan Stimulus Voucher
| Issuer | Executive Yuan, Republic of China (Taiwan) |
|---|---|
| Year | 2020 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | 1 January 2021 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Watermark incorporated into the paper substrate |
| Variants | Log in to see details |
| Comments |
Taiwan's 2020 stimulus vouchers — officially the "三倍券" or Triple券program — were not banknotes in any monetary sense but a consumption-stimulus instrument issued under the Executive Yuan in response to the COVID-19 economic disruption. Citizens paid NT$1,000 for vouchers worth NT$3,000 total, with the government absorbing the NT$2,000 difference. The 500-yuan denomination was one of the building blocks of that NT$3,000 package.
Deliberately non-transferable and time-limited, the vouchers expired at the end of 2020. The watermark security feature was included specifically to deter counterfeiting in the retail environment — these circulated through convenience stores, night markets, and small businesses, not banks. Over 22 million Taiwanese participated in the program.