CAD to TWD Forecast & Outlook
04 Apr 2026 • 00:48 GMT
📊 Forecast snapshot
- Near-term bias: 🔴 Mild downside
- Expected range: 22.3130 – 22.9400
- Dominant driver: 🌍 Global risk sentiment
- 3-month trend: 🔴 Downtrend
Currently, CAD/TWD is trading near recent lows around 22.94, just below its 3-month average. The pair is consolidating within its recent range, pressured by risk-off sentiment that supports safe-haven flows into USD. Over the next few sessions, conditions suggest the pair may remain supported by safe-haven dynamics, potentially keeping the Canadian Dollar under broad pressure.
💸 Transfer implications
- Expats: sending money to the country of New Taiwan Dollar (TWD) may find current transfer costs less favourable than recent levels.
- Travellers: exchanging currency might see less advantageous rates for buying TWD.
- Businesses: paying overseas TWD invoices with CAD could face higher costs if the pair remains under pressure.
🧭 Key drivers
- Rate gap: The Canadian Dollar remains near 90-day lows, with minimal policy divergence and no active rate advantage.
- Risk/commodities: Risk-off flows driven by geopolitical tensions increase safe-haven demand for USD, which pressures risk-sensitive FX like CAD.
- Global factors: Broad safe-haven flows into USD dominate the risk sentiment backdrop, maintaining downward pressure on CAD.
⚠️ What could change it
- Upside risk: Escalation of geopolitical tensions outside the Middle East could amplify safe-haven inflows, maintaining safe-haven currency strength.
- Downside risk: A reduction in risk aversion or positive global news could ease safe-haven flows, supporting a recovery in CAD.
BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs, especially if exchange levels remain less favourable.