AUD to TWD interbank exchange rate = 21.8743
Right now the AUD/TWD interbank exchange rate is 21.8743. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.
It's the reference rate we use to calculate how much you are being charged to convert New Taiwan Dollar to Australian Dollar.
This AUD/TWD Converter calculates equivalent Australian Dollar to New Taiwan Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.
AUD / TWD converter & margin calculator
New Taiwan Dollar
|1 AUD||21.87 TWD|
|5 AUD||109.37 TWD|
|10 AUD||218.74 TWD|
|20 AUD||437.49 TWD|
|50 AUD||1,093.72 TWD|
|100 AUD||2,187.43 TWD|
|250 AUD||5,468.58 TWD|
|500 AUD||10,937.15 TWD|
|1,000 AUD||21,874.30 TWD|
|2,000 AUD||43,748.60 TWD|
|5,000 AUD||109,371.50 TWD|
|10,000 AUD||218,743.00 TWD|
|50,000 AUD||1,093,715.00 TWD|
|100,000 AUD||2,187,430.00 TWD|
New Taiwan Dollar
|0.0457 AUD||1 TWD|
|0.2286 AUD||5 TWD|
|0.4572 AUD||10 TWD|
|0.9143 AUD||20 TWD|
|2.2858 AUD||50 TWD|
|4.5716 AUD||100 TWD|
|11.43 AUD||250 TWD|
|22.86 AUD||500 TWD|
|45.72 AUD||1,000 TWD|
|91.43 AUD||2,000 TWD|
|228.58 AUD||5,000 TWD|
|457.16 AUD||10,000 TWD|
|2,285.80 AUD||50,000 TWD|
|4,571.60 AUD||100,000 TWD|
|TWD Country Guides|
Australian Dollar to New Taiwan Dollar (AUD-TWD) - 10 Year History
The below table shows the historic variation in the AUD/TWD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.
|21 Mar 2019||21.9075||Latest|
|14 Mar 2019||21.8593||1 Week||+0.22%|
|19 Feb 2019||22.0700||1 Month||-0.74%|
|22 Sep 2018||22.3559||6 Months||-2.01%|
|21 Mar 2018||22.6140||1 Year||-3.12%|
|21 Mar 2017||23.3663||2 Years||-6.24%|
|22 Mar 2014||27.8304||5 Years||-21.28%|
|23 Mar 2009||23.6491||10 Years||-7.36%|
Why can't I just get the AUD/TWD market rate I see on Google or in the Media?
The AUD/TWD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / TWD was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
The closer your final exchange rate is to the market AUD/TWD midrate the better deal you are getting.
The three things you need in order to get a good AUD to TWD exchange rate
- Know the latest AUD/TWD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
- Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for Australian Dollar and New Taiwan Dollar
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the AUD vs TWD, you should pay attention to both Australian Dollar and New Taiwan Dollar news and forecasts.
Australian Dollar (AUD) - Market news and forecasts
Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.
In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.
Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.
Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).
New Taiwan Dollar (TWD) - Market news and forecasts
3-March-2019: 2018 was a mixed year for the Taiwan dollar, as it lost 3.5 percent of its value against the US dollar (NT$30.56) but made respective gains of 1.6 and 7 percent against the euro (NT$35.09) and Australian dollar (NT$21.54).
Against the Aussie and euro, TWD remains in a long-term uptrend, having gained 21 and 25 percent against these currencies over the past 5 years. Against the US dollar, TWD is little changed over this timeframe.
In the first two months of 2019, TWD made little progress (<1.5 percent difference) against each of the aforementioned currencies.
After surveying FX traders in February, Reuters reported the “piling up” of bearish positions on TWD. Traders were seemingly raising their bets on TWD depreciation, encouraged by several months of disappointing export data which analysts said was evidence of a “global tech slowdown that will hit profits for the island’s many technology manufacturers this year.”