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 mid-rate = 0.025177

Right now the TWD/GBP market mid-rate is 0.025177 and represents ideally how many British Pound Sterling you can get for one New Taiwan Dollar.

You can calculate equivalent New Taiwan Dollar to British Pound Sterling currency amounts (at mid-rate) below.

TWD to GBP Converter


NT$TWD


£GBP
When sending TWD to GBP we recommend: WorldRemit WorldRemit

3 Month TWD/GBP Chart
Loading TWD/GBP Chart
 

New Taiwan Dollar

British Pound Sterling

1 TWD 0.0252 GBP
5 TWD 0.1259 GBP
10 TWD 0.2518 GBP
20 TWD 0.5035 GBP
50 TWD 1.2589 GBP
100 TWD 2.5177 GBP
250 TWD 6.2943 GBP
500 TWD 12.59 GBP
1,000 TWD 25.18 GBP
2,000 TWD 50.35 GBP
5,000 TWD 125.89 GBP
10,000 TWD 251.77 GBP
50,000 TWD 1,258.85 GBP

New Taiwan Dollar

British Pound Sterling

39.72 TWD 1 GBP
198.59 TWD 5 GBP
397.19 TWD 10 GBP
794.37 TWD 20 GBP
1,985.93 TWD 50 GBP
3,971.86 TWD 100 GBP
9,929.65 TWD 250 GBP
19,859.30 TWD 500 GBP
39,718.60 TWD 1,000 GBP
79,437.20 TWD 2,000 GBP
198,593.00 TWD 5,000 GBP
397,186.00 TWD 10,000 GBP
1,985,930.00 TWD 50,000 GBP

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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
11 Nov 20180.02511 Week
19 Oct 20180.02481 Month
22 May 20180.02496 Months
18 Nov 20170.02521 Year
18 Nov 20160.02532 Years
19 Nov 20130.02115 Years
20 Nov 20080.020210 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.


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

Towards the end of October, against the US dollar, the Taiwan dollar was sitting on a year-to-date loss of 4.2 percent, at 31.0 per USD, near to 20-month lows. It was 1.4 percent higher on the year versus the euro, at 35.16 per EUR.

US-China trade tensions have prompted foreign investors to dump Taiwanese stocks, especially those providing supply-chain products, and this capital outflow has weighed on TWD.

The Taiwanese central bank can do little to support the currency with inflation at just 1.7 percent (year to October) and with marginal improvements in inflation mostly the result of volatile energy prices.

In October, ING forecast USD/TWD at 31.0 at year-end. Although this represents no change on rates at the time of writing, for ING it represents a big downward revision in TWD expectations.

British Pound Sterling (GBP) - Market news and forecasts

A choppy, volatile pound is what traders expected in the months leading up to Brexit (scheduled for March 2019), and that’s what they got in October and November, albeit within a 5-cent range between $1.27 and $1.32.

The pound’s outlook is inextricably linked to Brexit; nothing else matters, it seems.

On November-15, the day of this report, the pound suffered one of its largest intraday declines in recent years following the resignation of yet another Brexit Secretary (effectively the UK’s chief Brexit negotiator). A number of UK ministers resigned in protest over the latest proposed terms for a UK/EU divorce. The latest deal is unlikely to make it through Parliament and that will send Britain back to the drawing board with only 4 months left on the clock.

A “no deal” Brexit would likely see the pound trade back towards the low $1.20s.

Against the euro, the pound traded in mid-November at £0.89, midway between the August-November swing.

Sterling forecasts are futile given the prevailing uncertainties.

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.