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New Taiwan dollar Markets

TWD Currency Update - Our review of New Taiwan dollar forecasts and news plus charts and historic rates. Check TWD Trends over various time periods.

 

Recent developments affecting the Taiwan Dollar (TWD) show a complex interplay of geopolitical tensions and economic factors. Analysts note that the imposition of a 32% reciprocal tariff by the United States on Taiwanese goods as part of escalating trade tensions under the Trump administration could place downward pressure on the TWD. The tech sector, a cornerstone of Taiwan's economy, may also face headwinds due to a global slowdown, which could further impact the currency.

In terms of recent exchange rates, the TWD to USD currently stands at 0.033660, aligning closely with its three-month average and exhibiting stability within a 6.2% range. Moreover, the TWD to EUR is at 0.029033, marginally below its three-month average by 0.9% and trading in a tight 5.2% range. Contrarily, the TWD to GBP has reached near 14-day highs at 0.025354, reflecting a 1.3% increase over its three-month average, indicating some strength against the British pound.

Conversely, the TWD to JPY is at recent 30-day lows around 4.9587, though still 1.2% above its three-month average. This suggests fluctuating dynamics, particularly in the face of continuing geopolitical risks stemming from China-Taiwan relations. The prospect of heightened tensions could lead to increased volatility in the TWD, as forecasters observe potential reactions from both domestic and international markets.

In summary, while the TWD has shown relative stability against major currencies, looming trade tariffs and geopolitical uncertainties are likely to affect its performance in the near term. Businesses and individuals engaged in international transactions should remain vigilant and consider these factors when planning their currency exchanges.

 

US dollar to New Taiwan dollar - USD/TWD Trend

 
USD to TWD at 29.71 is near its 3-month average, having traded in a relatively stable 6.2% range from 28.93 to 30.72
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1 USD =
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TWD
 
-0.7%
30d-highs
 
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