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SGD to TWD - Compare Exchange Rates

Singapore Dollar to New Taiwan Dollar - Convert Compare Save

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 and Travel Money transactions as shown below.

 

SGD to TWD mid-rate = 22.7666

Right now the SGD/TWD market mid-rate is 22.7666 and represents ideally how many New Taiwan Dollar you can get for one Singapore Dollar.

This SGD/TWD Converter calculates equivalent Singapore Dollar to New Taiwan Dollar amounts at the market mid-rate:

SGD / TWD mid-rate converter


$SGD


NT$TWD
1 Singapore Dollar equals
22.7666 New Taiwan Dollar

Compare how much you can save on
SGD/TWD exchange rates for:

Foreign Transfers

 
 
1 Week SGD to TWD Chart
Loading SGD/TWD rates

Singapore Dollar

New Taiwan Dollar

1 SGD 22.77 TWD
5 SGD 113.83 TWD
10 SGD 227.67 TWD
20 SGD 455.33 TWD
50 SGD 1,138.33 TWD
100 SGD 2,276.66 TWD
250 SGD 5,691.65 TWD
500 SGD 11,383.30 TWD
1,000 SGD 22,766.60 TWD
2,000 SGD 45,533.20 TWD
5,000 SGD 113,833.00 TWD
10,000 SGD 227,666.00 TWD
50,000 SGD 1,138,330.00 TWD
100,000 SGD 2,276,660.00 TWD
See more

Singapore Dollar

New Taiwan Dollar

0.0439 SGD 1 TWD
0.2196 SGD 5 TWD
0.4392 SGD 10 TWD
0.8785 SGD 20 TWD
2.1962 SGD 50 TWD
4.3924 SGD 100 TWD
10.98 SGD 250 TWD
21.96 SGD 500 TWD
43.92 SGD 1,000 TWD
87.85 SGD 2,000 TWD
219.62 SGD 5,000 TWD
439.24 SGD 10,000 TWD
2,196.20 SGD 50,000 TWD
4,392.40 SGD 100,000 TWD
See more

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Singapore Dollar to New Taiwan Dollar (SGD-TWD) - 10 Year History

The below table shows the historic variation in the SGD/TWD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of SGD versus other currencies : SGD historical charts.

DateExchange RatePeriodChange
22 Feb 201922.7496Latest
15 Feb 201922.72221 Week+0.12%
23 Jan 201922.72871 Month+0.09%
26 Aug 201822.48266 Months+1.19%
22 Feb 201822.20121 Year+2.47%
22 Feb 201721.76422 Years+4.53%
23 Feb 201423.93455 Years-4.95%
24 Feb 200922.755410 Years-0.03%

Why can't I just get the SGD/TWD market rate I see on Google or in the Media?

The SGD/TWD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the SGD / TWD was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market SGD/TWD midrate the better deal you are getting.

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

The three things you need in order to get a good SGD to TWD exchange rate

  1. Know the latest SGD/TWD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Singapore Dollar and New Taiwan Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the SGD vs TWD, you should pay attention to both Singapore Dollar and New Taiwan Dollar news and forecasts.

Singapore Dollar (SGD) - Market news and forecasts

22-February-2019: 2018 was a steady year for the Singapore dollar: on balance it gained value, but it did lose out slightly against the world’s reserve currency, the US dollar.

2019 has begun reasonably well. Entering the final week of February, SGD was a percent higher year-to-date versus USD, but at US$0.74 was in line with its 2018 average rate. SGD was 2 percent higher year-to-date against EUR at a 9-month closing high of €0.653 — 4 percent higher than 2018’s average.

Against AUD, in February, SGD was unchanged year-to-date but was 4.5 percent higher than last year's average, at A$1.038. During a flash crash on January 3rd, SGD/AUD briefly traded at a 10-year high of A$1.088.

With Singapore being a small, trade-dependent country, prime risks to SGD for 2019 include the re-emergence of trade tensions between China and the US, and/or a serious global economic slowdown.

Traders, though, were happy to bet against the above risks and on SGD appreciation at the time of this report: a Reuters survey in February showed “long” SGD positions among bank traders rising to the highest level in 10 months.

New Taiwan Dollar (TWD) - Market news and forecasts

28-December-18: Global trade tensions placed a cap on Taiwan dollar appreciation in 2018. With tensions in play, Taiwan’s central bank had little choice but to leave interest rates unchanged at extremely low levels (1.375 percent) at its December meeting; it feared a reduction in global trade would hurt Taiwan’s export-dependent economy.

Against the US dollar, the Taiwan dollar lost 3.5 percent of its value in 2018, to NT$30.78, but lost only 1 percent in the second half of the year.

Against the euro, it gained 1.6 percent, to NT$35.11, and against the Australian dollar, gained a handsome 7 percent, to NT$21.63.

In December, TradingEconomics.com forecast USD/TWD at 31.06 at 2019 year-end, indicating little change from current levels.

Currency News and Forecasts

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets