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    Commonwealth Bank AUD to TWD Exchange Rates

    Compare & Save on Commonwealth Bank Australian dollar to New Taiwan dollar FX rates - Check AUD/TWD Trends and Forecasts.

     
    1 AUD =
    21.32We compare provider deals to this wholesale mid-market rate. Read more
    TWD
    AUD to TWD at 21.32 is 2.9% above its 90-day average 20.72 with range 20.10-21.32.
    |
    Sell AUD   →   Buy TWD
    Track Rate
    4-DAY+3.0%
    90-DAYHIGH
     

    NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.

    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.”


    AUD is widely expected to rise to US75¢ by the end of 2022. However along the way the Aussie is forecast to have a volatile year against a range of currencies.

    However, if recession becomes a reality, then all of its optimism could suddenly turn sour.

     AUD Outlook

    DateAUD/TWDChangePeriod
    27 Jul 2022
    20.90
    1.2% 2 Week
    12 May 2022
    20.49
    3.3% 3 Month
    10 Aug 2021
    20.44
    3.5% 1 Year
    11 Aug 2017
    23.95
    11.6% 5 Year
    12 Aug 2012
    31.65
    33.1% 10 Year
    15 Aug 2002
    18.32
    15.5% 20 Year
    AUD/TWD change over periods to 10-Aug-2022

    Commonwealth Bank - AUD to TWD - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     

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    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest AUD to TWD Exchange Rate (shown above) or a transaction fee and often both!

     

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    Country Guides - Australian dollar & New Taiwan dollar

     
    AustraliaAustralia (AUD)TaiwanTaiwan (TWD)
       
     

    How to get a good AUD to TWD Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    Generally speaking, if you are buying New Taiwan dollar with Australian dollar, then it's good for the AUD/TWD exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Taiwan.

     

    Will the Australian dollar 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.

    To help with this you can add AUD/TWD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

     
    Track Rate
     

    Manage My Rates

     

    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.