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SGD to TWD 2025 Forecasts

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

 

The SGD to TWD exchange rate is currently experiencing significant fluctuations, with recent developments in U.S. trade policy and regional economic conditions playing a pivotal role in shaping forecasts. Analysts have noted that the imposition of a 10% tariff on Singapore imports, as part of the U.S. trade war strategy, has added pressure to the Singapore dollar. Although Singapore has managed to avoid more severe tariffs due to its robust trade ties with the U.S., the overall sentiment in the Asian currency market remains bearish. The tariffs have curbed optimism and fueled fears of a global trade war, leading to declines in other Asian currencies like the Thai baht and South Korean won.

The current exchange rate stands at approximately 23.03 TWD per SGD, which reflects a recent peak and is slightly below the three-month average of 23.19 TWD. This volatility, encapsulated in a 9.6% trading range from 22.62 to 24.79, underscores investor uncertainty. The Monetary Authority of Singapore (MAS) manages the SGD's value against a basket of currencies, which will be closely watched as external pressures mount.

On the other hand, the Taiwan dollar faces distinct challenges, particularly stemming from the U.S. imposing a 32% tariff on Taiwanese goods. Experts suggest that any escalation in regional tensions, particularly concerning China, could further destabilize the TWD. Additionally, a potential slowdown in Taiwan's technology sector could negatively impact the currency.

Looking forward, market analysts expect continued volatility in the SGD/TWD exchange rate as geopolitical tensions and trade dynamics evolve. The impact of tariffs and economic conditions in both Singapore and Taiwan will be crucial, and stakeholders should remain vigilant for updates that could influence currency performance.

SGD-TWD Rate Calculator

 
   
   
   
   
 
   
 
 

SGD to TWD Market Data

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

 
Sell SGD   →   Buy TWD
1 SGD =
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TWD
30d-highs
SGD to TWD is at 30-day highs near 23.03, just 0.7% below its 3-month average of 23.19, having traded in a fairly volatile 9.6% range from 22.62 to 24.79
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  1 TWD = 0.043422 SGD

Compare & Save - Singapore dollar to New Taiwan dollar

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

Use our SGD 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 Singapore dollar to New Taiwan dollar currency rates and the possible savings of using various providers.

 
 

Will the Singapore 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 Singapore dollar vs New Taiwan dollar current value is to look the SGD/TWD historic rate and change over a range of periods.

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

DateSGD/TWDChangePeriod
07 Jul 2023
23.17
1.6% 2 Week
22 Apr 2023
22.95
2.6% 3 Month
21 Jul 2022
21.51
9.5% 1 Year
22 Jul 2018
22.47
4.8% 5 Year
23 Jul 2013
23.65
0.4% 10 Year
26 Jul 2003
19.80
18.9% 20 Year
SGD/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 SGD/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