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SGD/TWD - Live Converters & Chart

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 interbank exchange rate = 22.8638

This calculator converts amounts at the latest TWD/SGD mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

SGD / TWD converter & margin calculator

$SGD
NT$TWD
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers

Singapore Dollar

New Taiwan Dollar

1 SGD 22.86 TWD
5 SGD 114.32 TWD
10 SGD 228.64 TWD
20 SGD 457.28 TWD
50 SGD 1,143.19 TWD
100 SGD 2,286.38 TWD
250 SGD 5,715.95 TWD
500 SGD 11,431.90 TWD
1,000 SGD 22,863.80 TWD
2,000 SGD 45,727.60 TWD
5,000 SGD 114,319.00 TWD
10,000 SGD 228,638.00 TWD
50,000 SGD 1,143,190.00 TWD
100,000 SGD 2,286,380.00 TWD
See more

Singapore Dollar

New Taiwan Dollar

0.0437 SGD 1 TWD
0.2187 SGD 5 TWD
0.4374 SGD 10 TWD
0.8747 SGD 20 TWD
2.1869 SGD 50 TWD
4.3737 SGD 100 TWD
10.93 SGD 250 TWD
21.87 SGD 500 TWD
43.74 SGD 1,000 TWD
87.47 SGD 2,000 TWD
218.69 SGD 5,000 TWD
437.37 SGD 10,000 TWD
2,186.85 SGD 50,000 TWD
4,373.70 SGD 100,000 TWD
See more
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TaiwanTaiwan

SGD/TWD - Historical Trends

This table shows historic rates and trends of Singapore Dollar to New Taiwan Dollar over periods upto 10 years.

PeriodChange*SGD/TWDDate
1 Day+0.09%22.796419 May 2019
1 Week+0.44%22.715213 May 2019
1 Month+0.3%22.749020 Apr 2019
6 Months+1.52%22.474521 Nov 2018
1 Year+2.33%22.296220 May 2018
5 Years-5.38%24.113121 May 2014
10 Years+0.89%22.615522 May 2009

*For period to 20-May 21UTC when SGD/TWD was 22.8162

You can use our SGD interactive charts to check SGDTWD historic trends.

Outlook and forecasts for SGD and TWD

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

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 the forecasts and trends for both Singapore Dollar and New Taiwan Dollar:

 

Singapore Dollar (SGD) outlook

A big-picture view shows SGD trading sideways against the pound since late 2016, now at S$1.763. SGD reached a 17-month high against the Malaysian ringgit in April, at RM3.073.

With core inflation at a 9-month low in the lead-up to this report and quarterly economic growth at a 2-year low, it’s likely that the Monetary Authority of Singapore will keep monetary policy unchanged when it next meets in October.

According to TradingEconomics.com, the Singapore dollar is likely to be worth S$1.37 per US dollar in 12 months’ time (April 2020).

Read the full article Singapore Dollar Forecasts.

 

New Taiwan Dollar (TWD) outlook

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.”

Why can't I just get the SGD/TWD market rate I see online or in the media?

The SGD/TWD mid-rate is the rate you will see quoted online 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.

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

We help you Compare & Save Money on Exchange Rates.

 

View all SGD Exchange Rates