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INR to TWD - Rate Guide

Indian Rupee 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 INR = 0.4234 TWD

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INR to TWD - Trading Range (90 Day)
30-DAY LOW (5d)
INR/TWD at 0.4213 is trading 0.5% below the 90-day average 0.4234 with a range 0.4177 to 0.4301. There are no current rate alerts.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Indian Rupee to New Taiwan Dollar

INR

TWD

1
NT$ 0.4234
5
NT$ 2.1170
10
NT$ 4.2340
20
NT$ 8.4680
50
NT$ 21.17
100
NT$ 42.34
250
NT$ 105.85
500
NT$ 211.70
1,000
NT$ 423.40
2,000
NT$ 846.80
5,000
NT$ 2,117
10,000
NT$ 4,234
50,000
NT$ 21,170
100,000
NT$ 42,340
More amounts

INR

TWD

2.3616
NT$ 1
11.81
NT$ 5
23.62
NT$ 10
47.23
NT$ 20
118.08
NT$ 50
236.16
NT$ 100
590.40
NT$ 250
1,181
NT$ 500
2,362
NT$ 1,000
4,723
NT$ 2,000
11,808
NT$ 5,000
23,616
NT$ 10,000
118,080
NT$ 50,000
236,160
NT$ 100,000
More amounts

To calculate specific INR/TWD amounts use our Convert INR 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 (INR & TWD)

IndiaIndia (INR)TaiwanTaiwan (TWD)

INR and TWD in the Markets

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

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR 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 INR 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 INR 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 INR to TWD exchange rate to the present day for periods going back upto 10 years.

PeriodINR/TWDDate
1 Day0.419816 Feb 2020
7 Day0.421310 Feb 2020
30 Day0.421818 Jan 2020
3 Month0.423719 Nov 2019
1 Year0.432217 Feb 2019
5 Year0.508618 Feb 2015
10 Year0.693719 Feb 2010

When is the best time to exchange INR 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.

 

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