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CAD to TWD 2025 Forecasts

Analysis of recent loonie → New Taiwan dollar forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to New Taiwan dollar performance and trends.

 

The recent performance of the Canadian dollar (CAD) against the Taiwanese dollar (TWD) has been influenced by multiple factors, notably its correlation with the stronger US dollar and fluctuating oil prices. Currently trading at 21.31 TWD, the CAD is approximately 4.0% below its three-month average of 22.19, which indicates a prevailing bearish trend. Analysts highlight that the CAD has experienced notable volatility, with a trading range of 11.7% from 21.11 to 23.59.

Supporting the CAD was its positive correlation with the US dollar. However, weakening oil prices have limited its gains, as Canada's economy is heavily linked to oil exports. Currently, oil prices have recently registered at 68.80 USD per barrel, which is 3.2% higher than the three-month average of 66.66, reflecting significant volatility in the oil market with fluctuations between 60.14 and 78.85 USD. This suggests that any decline in oil prices could correlate with further depreciation of the CAD.

Political developments in Canada, including a leadership change and escalating trade tensions with the US, have introduced additional uncertainty for the CAD. The recent appointment of Mark Carney as Prime Minister following Justin Trudeau's resignation, alongside retaliatory tariffs imposed by both nations, has prompted economists to forecast limited upside potential for the CAD against the TWD.

The Bank of Canada (BoC) has paused its interest rate cuts, maintaining a benchmark of 2.75%, which has provided some support for the CAD. Nonetheless, indications of a weak services PMI could lead to additional challenges for the currency, especially if it points toward extended economic contraction.

Conversely, the Taiwanese dollar (TWD) faces challenges from the ongoing global tech slowdown and geopolitical tensions that could influence its stability. The imposition of reciprocal tariffs by the US on Taiwanese goods adds further headwinds to the TWD. Experts assert that the performance of the TWD will be intricately linked to developments in the technology sector, as well as the broader geopolitical climate.

Moving forward, the direction of the CAD to TWD exchange rate will heavily depend on the interplay between oil prices, the Bank of Canada's monetary policy, and international trade dynamics. Currency watchers are advised to stay attuned to these developments for insights on potential market shifts.

CAD-TWD Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to TWD Market Data

Canadian dollar (CAD) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy TWD
1 CAD =
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TWD
CAD to TWD at 21.31 is 4.0% below its 3-month average of 22.19, having traded in a quite volatile 11.7% range from 21.11 to 23.59
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  1 TWD = 0.046959 CAD

Compare & Save - Canadian dollar to New Taiwan dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to New Taiwan dollar (TWD) rates from different sources before making a conversion.

Use our CAD to TWD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to New Taiwan dollar currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the New Taiwan dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs New Taiwan dollar current value is to look the CAD/TWD historic rate and change over a range of periods.

The following table looks at the change in the CAD to TWD exchange rate over periods from the previous week back to the last 10 years.

DateCAD/TWDChangePeriod
07 Jul 2023
23.52
0.7% 2 Week
22 Apr 2023
22.40
5.8% 3 Month
21 Jul 2022
23.21
2.1% 1 Year
22 Jul 2018
23.31
1.6% 5 Year
23 Jul 2013
28.97
18.2% 10 Year
26 Jul 2003
24.97
5.1% 20 Year
CAD/TWD historic rates & change to 21-Jul-2023

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/TWD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more