The recent currency market updates and analyst forecasts indicate a notable trend in the AED to TWD exchange rate. Currently, the AED to TWD rate is trading at 90-day highs near 8.4369, which is 1.7% above its three-month average of 8.2986. This rate has remained stable within a range of 3.6%, between 8.1424 and 8.4369.
Factors impacting the UAE Dirham (AED) include the recent currency swap agreement between the UAE and Turkey, which aims to enhance liquidity and strengthen financial ties, potentially supporting the AED against foreign currencies. Additionally, the International Monetary Fund (IMF) has provided a positive outlook for the UAE economy, predicting a GDP growth of 4.8% for 2025. This economic resilience underpins confidence in the dirham.
Conversely, the New Taiwan Dollar (TWD) has seen a significant appreciation, primarily fueled by Taiwan's robust export performance, especially in the semiconductor sector. Taiwan's central bank recently raised its economic growth forecast to 4.55% for 2025, reflecting optimism regarding exports. The TWD’s strength has raised concerns among exporters about competitiveness, which could exert pressure on the currency going forward.
Currency analysts project that the dynamics between the AED and TWD may continue to fluctuate based on these developments. Experts note that while the AED may benefit from positive economic signals in the UAE, the TWD's strength resulting from Taiwan’s strong export performance and inflation fears may provide upward pressure on its value. Therefore, businesses and individuals conducting transactions involving AED and TWD should closely monitor both local and global economic indicators that might influence this exchange rate.
