Best Exchange Rates
Best Exchange Rates

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TWD to GBP

New Taiwan dollar to British pound sterling - Calculate Compare Save

TWD to GBP market mid-rate: 0.024955

Right now the TWD/GBP market rate is 0.024955 and represents ideally how many British pound sterling you can get for one New Taiwan dollar.

You can calculate equivalent currency amounts with this rate below. Then select the transaction type to compare the best exchange rates available.

Currency Converter TWD to GBP

NT$
£
1 TWD equals
0.024955 GBP 1TWD=40.0722 GBP
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3 Month TWD/GBP Chart
Loading TWD/GBP Chart

New Taiwan dollar

British pound sterling

1 TWD 0.0250 GBP
5 TWD 0.1248 GBP
10 TWD 0.2496 GBP
20 TWD 0.4991 GBP
50 TWD 1.2478 GBP
100 TWD 2.4955 GBP
250 TWD 6.2388 GBP
500 TWD 12.48 GBP
1000 TWD 24.96 GBP
2000 TWD 49.91 GBP
5000 TWD 124.78 GBP
10000 TWD 249.55 GBP
50000 TWD 1,247.75 GBP

New Taiwan dollar

British pound sterling

40.07 TWD 1 GBP
200.36 TWD 5 GBP
400.72 TWD 10 GBP
801.44 TWD 20 GBP
2,003.61 TWD 50 GBP
4,007.22 TWD 100 GBP
10,018.05 TWD 250 GBP
20,036.10 TWD 500 GBP
40,072.20 TWD 1000 GBP
80,144.40 TWD 2000 GBP
200,361.00 TWD 5000 GBP
400,722.00 TWD 10000 GBP
2,003,610.00 TWD 50000 GBP

New Taiwan dollar to British pound sterling (TWD-GBP) - 10 Year History

The below table shows the historic variation in the TWD/GBP 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.

DateExchange RatePeriod
08 Jul 20180.02471 Week
15 Jun 20180.02501 Month
16 Jan 20180.02456 Months
15 Jul 20170.02511 Year
15 Jul 20160.02372 Years
16 Jul 20130.02225 Years
17 Jul 20080.016510 Years

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

  1. Know the latest TWD/GBP 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.

Transaction Costs - Margins and Fees for TWD/GBP Transfers and Currency Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


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 comparison calculators make shopping around easy and help you calculate how much you can save.

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

The TWD/GBP 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 TWD / GBP was traded (bought or sold) in the international markets.


When you look up the current New Taiwan dollar to British pound sterling exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great TWD to GBP mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our TWD to GBP currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific New Taiwan dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


Currency News, Research and Forecasts for New Taiwan dollar and British pound sterling

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the TWD vs GBP, you should pay attention to both New Taiwan dollar and British pound sterling news and forecasts.

New Taiwan dollar (TWD) - Market news and forecasts

By late April 2018, against the US dollar, TWD had weakened slightly from February’s five-year high of 28.95 to levels in the mid-29s. Against the yen, it traded in the centre of its long-term trading range, buying 3.686 yen. Against the euro, TWD remained virtually unchanged since the middle of 2017, at rates near 36.0 per euro.

“We remain positive on the Taiwanese dollar due to sound fundamentals,” said Scotiabank in April.

A twelve-month forecast was offered in April by TradingEconomics.com, who predicted USD/TWD rising (TWD weakening) to 30.24.

British pound sterling (GBP) - Market news and forecasts

Between mid-June and mid-July, the pound bought between 1.305 and 1.335 US dollars, and between 1.125 and 1.145 euros.

Against the dollar, the pound is down significantly from April’s high near 1.44 but against the euro (a far more important measure given that most of the UK’s two-way trade is with the EU), it remains rock solid, and little changed from rates in September of last year.

The pound’s remarkable stability in the face of July's political turmoil (a string of high-profile political resignations, each related to disagreements over Brexit) is indicative of underlying strength and traders should expect a rally in the currency once some form of Brexit deal is fully signed off, said a Guardian economist.

MUFG said in July it expects “a deal to be reached this side of Christmas,” after which the pound will strengthen.

Bearish on the pound is UBS. The bank said it would bet on weakness and offered a contrarian view that UK economic activity was insufficient to trigger a Bank of England rate hike in August.