Analysis of recent ringgit → New Taiwan dollar forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Malaysian ringgit to New Taiwan dollar performance and trends.
Forecasts for MYR to TWD
The MYR to TWD exchange rate has recently been influenced by a series of geopolitical and economic factors. Following President Trump's announcement of a 24% tariff on imports from Malaysia, analysts have drawn parallels to the broader implications of his trade policies, which have contributed to a cooling outlook for emerging Asian currencies. As Malaysia refrains from retaliatory measures while seeking regional collaboration, the MYR is showing signs of resilience, currently at 14-day highs near 7.4419 and just above its three-month average.
Despite this positive movement, market analysts caution that Malaysia's efforts may be overshadowed by ongoing global trade tensions, particularly with a significant tariff of 32% on goods from Taiwan also in place. Such tariffs, combined with fears of a global tech slowdown, could weigh heavily on the TWD, as Taiwan's economy is closely linked to technology sectors highly sensitive to international trade dynamics. Furthermore, the threat of increased geopolitical tensions in the Taiwan Strait remains a concern that could lead to significant volatility in the TWD.
In terms of pricing trends, the MYR has demonstrated stability within a 3.5% range, trading between 7.2583 and 7.5158. However, the recent fall in oil prices, with OIL to USD trading at 66.87, 6.8% below its three-month average, presents additional challenges. As Malaysia is a significant oil exporter, fluctuations in oil prices are likely to continue impacting the MYR's performance. Analysts suggest that as long as the global economic outlook remains unstable, both the MYR and TWD may experience heightened volatility influenced by international trade relations and commodity price dynamics. Balancing these risks will be crucial for those involved in international transactions within this market.
Compare & Save - Malaysian ringgit to New Taiwan dollar
Exchange rates can vary significantly between different currency exchange providers, so it's important to compare
Malaysian ringgit (MYR) to New Taiwan dollar (TWD) rates from different sources before making a conversion.
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MYR to TWD calculator to see how much you could save on your international money transfers.
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Will the Malaysian ringgit rise against the New Taiwan dollar?
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.
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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