Loading...

Home pages - full list (A-Z)

AUD/TWD - Convert Compare Save

Australian Dollar to New Taiwan Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to New Taiwan Dollar exchange rate, has news, forecasts and AUD to TWD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/TWD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/TWD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
ProvidersReceive TWD(NT$)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
214,100 TWD
Best Overall
21.410^1.21%
National Australia Bank (nab) logo
199,560 TWD
14,540 TWD
20227.92%
Banks - Average Rate
National Australia Bank (nab) logo
199,560 TWD
14,540 TWD
20157.92%
OFX (OzForex): Foreign Transfer AUD→TWD
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:21.41 (-1.21% from mid-rate)
TWD amount:214,100 TWD
Total Cost:1.21%
Time:
Rate Fetched: 4:22 Local
Rating:
 
: 4.8/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→TWD
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:20 (-7.71% from mid-rate)
TWD amount:199,560 TWD
Total Cost:7.92%
Time:
Rate Fetched: website - 4:22 Local
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→TWD
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:20.73 (-4.35% from mid-rate)
TWD amount:199,560 TWD
Total Cost:7.92%
 
Snapshot 06/26/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount TWD(NT$)Exchange RateFee AUDTotal CostDeal Links
National Australia Bank (nab) logo
20,315 TWD
Compare
20.52106.26%
Banks - Average Rate
Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo
19,991 TWD
324 TWD
20.23107.76%
Commonwealth Bank (CBA) logo
19,889 TWD
426 TWD
20.09A$108.23%
St George Bank logo
19,769 TWD
546 TWD
20.07A$158.78%
Travelex Online AU logo
19,536 TWD
779 TWD
19.5363$0 BPay, Card 0.72%-1%9.86%
National Australia Bank (nab): Travel Money AUD→TWD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:20.52 (5.31% from mid-rate)
TWD amount:20,315 TWD
Total Cost:6.26%
Time:
Rate Fetched: website - 4:22 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→TWD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:20.6 (4.95% from mid-rate)
TWD amount:19,991 TWD
Total Cost:7.76%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→TWD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:20.09 (7.3% from mid-rate)
TWD amount:19,889 TWD
Total Cost:8.23%
Time:
Rate Fetched: website - Wed Jun 26 2019 04:02:01 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→TWD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:20.07 (7.39% from mid-rate)
TWD amount:19,769 TWD
Total Cost:8.78%
Time:
Rate Fetched: website - 4:22 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
Travelex Online AU: Travel Money AUD→TWD
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:19.5363 (9.85% from mid-rate)
TWD amount:19,536 TWD
Total Cost:9.86%
Time:
Rate Fetched: Wed Jun 26 2019 04:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 06/26/2019 - See full table

AUD to TWD interbank exchange rate = 21.6596

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/TWD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD and TWD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs TWD, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In June, the Australian dollar has slumped to multi-month lows against USD, SGD, CAD, JPY, CHF and EUR. At US69.7¢, the benchmark Aussie rate, AUD/USD, was recovering somewhat in the final week of the month but remained 15 percent below 2018’s highest rates.

Investors are selling AUD as they bet on aggressive interest rate cuts by the Reserve Bank of Australia. These cuts will be necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end, or even easing.

The RBA is likely to cut interest rates in July, as it did in June (the first cut in 3 years), and will probably cut again later this year. Although this bodes poorly for the Aussie, it won’t be the only currency this year to be hit by easier central bank policies, and that should keep depreciation at reasonable levels.

Interestingly, AUD has, for now at least, decoupled from commodity prices. The price of iron ore (Australia’s largest export) is at multi-year highs while AUD languishes.

Read more in the article AUD Forecasts.

 

New Taiwan Dollar (TWD)

The benchmark Taiwan dollar exchange rate, USD/TWD, has done little over the past 8 months; it continues to range between 30.5 and 31. The Taiwan dollar is worth 6 percent less against the greenback than its 2018 high.

One major currency that TWD is doing well against is the Australian dollar. TWD struck a 10-year high against the Aussie in January (21.16 per AUD), and remains close to that level in early May.

Disappointing export data (March data showed exports falling year-on-year for the fifth consecutive month) is perhaps evidence of a global tech slowdown that could put pressure on Taiwan’s currency this year due to its sensitivity to corporate earnings (high earnings create substantial capital inflows into Taiwanese equities).

Forecast: ING said in late April that it was concerned that any below-forecast sales numbers in the smart phone industry could weigh on TWD. “As such,” ING said, “against the US dollar we've revised our [year-end] TWD forecast from 30.40 to 30.95.”

Why can't I just get the AUD/TWD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / TWD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates