Loading...

CAD to TWD - Rate Guide

Canadian 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/Card transactions as shown below.

 

1 CAD = 22.91 TWD

   Sell CAD / Buy TWD  Switch

CAD to TWD - Trading Range (90 Day)
ALERT: 14-DAY HIGHS 🔔 |
CAD/TWD at 22.81 is trading 0.5% below the 90-day average 22.92 with a range 22.59 to 23.2. ALERT: CAD/TWD has risen to 14-DAY HIGHS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

More Charts


Quick Conversions from Canadian Dollar to New Taiwan Dollar

CAD

TWD

C$ 1
NT$ 22.91
C$ 5
NT$ 114.55
C$ 10
NT$ 229.10
C$ 20
NT$ 458.20
C$ 50
NT$ 1,146
C$ 100
NT$ 2,291
C$ 250
NT$ 5,728
C$ 500
NT$ 11,455
C$ 1,000
NT$ 22,910
C$ 2,000
NT$ 45,820
C$ 5,000
NT$ 114,550
C$ 10,000
NT$ 229,100
C$ 50,000
NT$ 1,145,500
C$ 100,000
NT$ 2,291,000
More amounts

CAD

TWD

C$ 0.0436
NT$ 1
C$ 0.2182
NT$ 5
C$ 0.4364
NT$ 10
C$ 0.8728
NT$ 20
C$ 2.1820
NT$ 50
C$ 4.3640
NT$ 100
C$ 10.91
NT$ 250
C$ 21.82
NT$ 500
C$ 43.64
NT$ 1,000
C$ 87.28
NT$ 2,000
C$ 218.20
NT$ 5,000
C$ 436.40
NT$ 10,000
C$ 2,182
NT$ 50,000
C$ 4,364
NT$ 100,000
More amounts

To calculate specific CAD/TWD amounts use our Convert CAD to TWD quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (CAD & TWD)

CanadaCanada (CAD)TaiwanTaiwan (TWD)

CAD and TWD in the Markets

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

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD 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.”


How to get Best CAD to TWD Exchange Rates

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).

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.

What is a good CAD to TWD exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the CAD to TWD exchange rate to the present day for periods going back upto 10 years.

PeriodChange*CAD/TWDDate
1 Day+0.6%22.679118 Feb 2020
7 Day+1.1%22.572512 Feb 2020
30 Day-0.5%22.930020 Jan 2020
3 Month-0.6%22.943621 Nov 2019
1 Year-2.1%23.308919 Feb 2019
5 Year-9.8%25.300420 Feb 2015
10 Year-25.7%30.709121 Feb 2010

*For period to 19-Feb 21UTC when CAD/TWD was 22.8112

When is the best time to exchange CAD to TWD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all CAD Exchange Rates