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SGD to TWD - Compare Rates

Singapore Dollar to New Taiwan Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

Latest interbank rate (wholesale):

1 SGD = 21.32 TWD

Sell SGD / Buy TWD 


SGD/TWD - Trend & Alerts

SGD/TWD at 21.32 is near its 90-DAY average, range 21.12 - 21.61 .
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30-DAY-LOW
 
 

Comparing SGD 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' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Singapore Dollar to New Taiwan Dollar - Quick Conversions

SGD TWD
S$ 1 NT$ 21.32
S$ 5 NT$ 106.60
S$ 10 NT$ 213.20
S$ 20 NT$ 426.40
S$ 50 NT$ 1,066
S$ 100 NT$ 2,132
S$ 250 NT$ 5,330
S$ 500 NT$ 10,660
S$ 1,000 NT$ 21,320
S$ 2,000 NT$ 42,640
S$ 5,000 NT$ 106,600
S$ 10,000 NT$ 213,200
S$ 50,000 NT$ 1,066,000
S$ 100,000 NT$ 2,132,000
More amounts
SGD TWD
S$ 0.0469 NT$ 1
S$ 0.2345 NT$ 5
S$ 0.4690 NT$ 10
S$ 0.9379 NT$ 20
S$ 2.3448 NT$ 50
S$ 4.6896 NT$ 100
S$ 11.72 NT$ 250
S$ 23.45 NT$ 500
S$ 46.90 NT$ 1,000
S$ 93.79 NT$ 2,000
S$ 234.48 NT$ 5,000
S$ 468.96 NT$ 10,000
S$ 2,345 NT$ 50,000
S$ 4,690 NT$ 100,000
More amounts

To calculate other SGD/TWD FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate SGD to TWD .

Country Guides - New Taiwan Dollar

 
TaiwanTaiwan (TWD)
   

Singapore Dollar - New Taiwan Dollar Forecasting

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

Singapore Dollar (SGD)

At the end of March, Singapore's central bank eased its monetary policy, as widely expected, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic.

The MAS said it would adopt a zero percent per annum rate of appreciation of the policy band starting at the prevailing level, currently slightly below the mid-point of the policy band.

The markets viewed this annoucement as showing the MAS has kept some fire-power in reserve and could intervene again to lower the SGD.

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

Overall, it was a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

Read more in the article SGD 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.”

 

 

How to get Best SGD 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.

 

Will SGD rise or fall against TWD?

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

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

SGD/TWD rateChangePeriod
16 Sep 2020 : 21.47191% ▼1 Week
24 Aug 2020 : 21.38310.6% ▼30 Days
25 Jun 2020 : 21.21780.2% ▲90 Days
24 Sep 2019 : 22.55125.7% ▼1 Year
25 Sep 2015 : 23.26078.6% ▼5 Years
26 Sep 2010 : 23.755010.5% ▼10 Years

SGD/TWD 10 year historic rates & change to 23-Sep-2020 : 21.2562

 

When is the best time to exchange SGD 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 BER.me FX Alerts