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TWD to GBP - Compare Exchange Rates

New Taiwan Dollar to British Pound Sterling - 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.

 

TWD to GBP mid-rate = 0.024894

Right now the TWD/GBP market mid-rate is 0.024894 and represents ideally how many British Pound Sterling you can get for one New Taiwan Dollar.

This TWD/GBP Converter calculates equivalent New Taiwan Dollar to British Pound Sterling amounts at the market mid-rate:

TWD / GBP mid-rate converter


NT$TWD


£GBP
1 New Taiwan Dollar equals
0.024894 British Pound Sterling

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

Foreign Transfers

 
 
1 Week TWD to GBP Chart
Loading TWD/GBP rates
Sending to GBP we recommend: WorldRemit WorldRemit

New Taiwan Dollar

British Pound Sterling

1 TWD 0.0249 GBP
5 TWD 0.1245 GBP
10 TWD 0.2489 GBP
20 TWD 0.4979 GBP
50 TWD 1.2447 GBP
100 TWD 2.4894 GBP
250 TWD 6.2235 GBP
500 TWD 12.45 GBP
1,000 TWD 24.89 GBP
2,000 TWD 49.79 GBP
5,000 TWD 124.47 GBP
10,000 TWD 248.94 GBP
50,000 TWD 1,244.70 GBP
100,000 TWD 2,489.40 GBP
See more

New Taiwan Dollar

British Pound Sterling

40.17 TWD 1 GBP
200.85 TWD 5 GBP
401.70 TWD 10 GBP
803.41 TWD 20 GBP
2,008.52 TWD 50 GBP
4,017.03 TWD 100 GBP
10,042.58 TWD 250 GBP
20,085.15 TWD 500 GBP
40,170.30 TWD 1,000 GBP
80,340.60 TWD 2,000 GBP
200,851.50 TWD 5,000 GBP
401,703.00 TWD 10,000 GBP
2,008,515.00 TWD 50,000 GBP
4,017,030.00 TWD 100,000 GBP
See more

GBP Country Guides
United KingdomUnited KingdomGuernseyGuernseyIsle of ManIsle of Man
JerseyJerseySouth Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands

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. You can also view our various charts of TWD versus other currencies : TWD historical charts.

DateExchange RatePeriod
10 Feb 20190.02511 Week
18 Jan 20190.02521 Month
21 Aug 20180.02536 Months
17 Feb 20180.02451 Year
17 Feb 20170.02622 Years
18 Feb 20140.01985 Years
19 Feb 20090.020110 Years

Why can't I just get the 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.

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.

The closer your final exchange rate is to the market TWD/GBP midrate the better deal you are getting.

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

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.

Currency news and forecasts for New Taiwan Dollar and British Pound Sterling

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative 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

28-December-18: Global trade tensions placed a cap on Taiwan dollar appreciation in 2018. With tensions in play, Taiwan’s central bank had little choice but to leave interest rates unchanged at extremely low levels (1.375 percent) at its December meeting; it feared a reduction in global trade would hurt Taiwan’s export-dependent economy.

Against the US dollar, the Taiwan dollar lost 3.5 percent of its value in 2018, to NT$30.78, but lost only 1 percent in the second half of the year.

Against the euro, it gained 1.6 percent, to NT$35.11, and against the Australian dollar, gained a handsome 7 percent, to NT$21.63.

In December, TradingEconomics.com forecast USD/TWD at 31.06 at 2019 year-end, indicating little change from current levels.

British Pound Sterling (GBP) - Market news and forecasts

16-January-19: Given Brexit uncertainties, 2018 wasn’t too bad for the pound. Although it lost 7.5 percent of its value against the dollar last year (it’s down 12 percent on pre-EU referendum levels), it only lost 1.9 percent against the euro and gained nearly 3 percent against the Australian dollar.

The pound was relatively robust throughout early to mid-January despite UK politics being in a state of disarray, and with all Brexit options still on the table.

Against the euro, sterling traded on the day of this report at a 7-week high of €1.13, and against the dollar, it bought $1.288—close to a 9-week high.

Sterling’s 2019 strength (albeit strength from low levels) following the massive parliamentary rejection of Theresa May’s Brexit deal was, analysts said, the result of an expectation among investors for Article 50 extensions, Brexit delays, a second referendum or soft-Brexit outcomes, rather than for “no deal.”

Impact of no-deal: The Bank of England has predicted a shocking 25 percent loss in the pound’s value in the event of a “disorderly” no-deal Brexit, under which there will be serious border delays and a marked loss of confidence in Britain’s financial institutions. In the more likely event of a milder, “disruptive” no-deal Brexit, under which goods face tariffs but flow somewhat easily, sterling still loses 15 percent, the BoE believes.

Currency News and Forecasts

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets