Comparing USD/TWD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/TWD rate ( interbank mid-rate) plus fixed or percentage fees.
These margins and fees can vary significantly for USD to TWD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.
We can help you get an even better deal when sending a Large International Money Transfer.
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US dollar to New Taiwan dollar - Quick Convert
|$ 1||NT$ 27.72|
|$ 5||NT$ 138.60|
|$ 10||NT$ 277.20|
|$ 20||NT$ 554.40|
|$ 50||NT$ 1,386|
|$ 100||NT$ 2,772|
|$ 250||NT$ 6,930|
|$ 500||NT$ 13,860|
|$ 1,000||NT$ 27,720|
|$ 2,000||NT$ 55,440|
|$ 5,000||NT$ 138,600|
|$ 10,000||NT$ 277,200|
|$ 50,000||NT$ 1,386,000|
|$ 100,000||NT$ 2,772,000|
Calculate other USD/TWD amounts (from or to) at mid-market with our USD to TWD Calculator .
US dollar and New Taiwan dollar News
When determining the best time to make a foreign exchange transaction, in this case the USD vs TWD, you should pay attention to the recent market trends for both currencies.
US dollar (USD)
New Taiwan dollar (TWD)
NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.
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.”
Country Guides - New Taiwan dollar
How to get Good USD to TWD Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).
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.
What is a good USD to TWD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs New Taiwan dollar current value is to look the USD/TWD historic rate and change over a range of periods.
The following table looks at the change in the USD to TWD exchange rate over periods from the previous week back to the last 10 years.
30 Apr 2021
|0.5% ▼||1 Week|
07 Apr 2021
|2.3% ▼||30 Days|
06 Feb 2021
|1% ▼||90 Days|
07 May 2020
|7.2% ▼||1 Year|
08 May 2016
|14.5% ▼||5 Years|
10 May 2011
|3% ▼||10 Years|
USD/TWD 10 year historic rates & change to 07-May-2021 : 27.7196
Will the US dollar rise against the New Taiwan dollar?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/TWD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair for tracking in your watchlist we will automatically check the exchange rate for any UP▲ or DOWN▼ move over a range of periods over the recent 90 days.