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GBP to TWD - Best Rates Guide

We review Pound Sterling to New Taiwan Dollar latest & historic FX rates along with recent GBP/TWD Trend and Alerts.

 

Best GBP to TWD Rate

1 GBP = 38.26 TWD
LATEST GBP/TWD MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

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TWD to GBP
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GBPTWD at 38.28 is a little above its 90-DAY average, range 36.91-38.39.
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1-DAY0.5% (1d)90-DAY-HIGH (1d)
 
GBP to TWD - Trends & Alerts

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Comparing GBP to TWD Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale GBP/TWD rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for GBP to TWD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Pound Sterling to New Taiwan Dollar - Quick Conversions

GBP TWD
£ 1 NT$ 38.26
£ 5 NT$ 191.30
£ 10 NT$ 382.60
£ 20 NT$ 765.20
£ 50 NT$ 1,913
£ 100 NT$ 3,826
£ 250 NT$ 9,565
£ 500 NT$ 19,130
£ 1,000 NT$ 38,260
£ 2,000 NT$ 76,520
£ 5,000 NT$ 191,300
£ 10,000 NT$ 382,600
£ 50,000 NT$ 1,913,000
£ 100,000 NT$ 3,826,000
More amounts
GBP TWD
£ 0.0261 NT$ 1
£ 0.1307 NT$ 5
£ 0.2614 NT$ 10
£ 0.5227 NT$ 20
£ 1.3068 NT$ 50
£ 2.6135 NT$ 100
£ 6.5338 NT$ 250
£ 13.07 NT$ 500
£ 26.14 NT$ 1,000
£ 52.27 NT$ 2,000
£ 130.68 NT$ 5,000
£ 261.35 NT$ 10,000
£ 1,307 NT$ 50,000
£ 2,614 NT$ 100,000
More amounts

Calculate other GBP/TWD amounts (from or to) at mid-market with our GBP to TWD Calculator .

Pound Sterling and New Taiwan Dollar - Market News

 

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

 

Pound Sterling (GBP)

The coronavirus pandemic had replaced Brexit in the headlines for most of this year, however Brexit is back in the spotlight as the end-of-year deadline for a trade deal with the Eurozone fast approaches.

Get more details in the article British Pound Forecasts.

 

New Taiwan Dollar (TWD)

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.”

   

Country Guides - New Taiwan Dollar

 
TaiwanTaiwan (TWD)
     

How to get Good GBP to TWD Exchange Rates

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

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 GBP to TWD exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling vs New Taiwan Dollar current value is to look the GBP/TWD historic rate and change over a range of periods.

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

GBP/TWDChangePeriod
38.0317
15 Jan 2021
0.6% ▲1 Week
38.0389
23 Dec 2020
0.6% ▲30 Days
37.3486
24 Oct 2020
2.5% ▲90 Days
39.3384
23 Jan 2020
2.7% ▼1 Year
47.8845
24 Jan 2016
20.1% ▼5 Years
45.8794
25 Jan 2011
16.6% ▼10 Years

GBP/TWD 10 year historic rates & change to 22-Jan-2021 : 38.2723

 
   

Will the Pound Sterling 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 GBP/TWD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

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

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.