In this US dollar to New Taiwan dollar guide:
Compare USD to TWD Exchange Rates
When sending or spending money abroad you should always check the total cost of the exchange rate and fees offered by your bank or FX provider. Exchange rates for foreign transfers and currency exchange always contain a margin from the wholesale USD/TWD rate (see above) plus additional fixed or percentage fees, but these costs can be hard to calculate.
The below comparison table makes it easy to calculate how much you are being charged for Transfers and Currency Exchange and the possible savings of using another FX provider.
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 - Recent Trend
USD - TWD - Forecasts & News
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.”
This week the US Federal Reserve pushed its growth forecasts higher and moved the timing of its interest rate hikes to 2023. This sent the US Dollar higher against all its Rivals on Thursday and Friday. USD Forecasts
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.
USD to TWD - Quick Amounts
|$ 1||NT$ 28.01|
|$ 5||NT$ 140.05|
|$ 10||NT$ 280.10|
|$ 20||NT$ 560.20|
|$ 50||NT$ 1,401|
|$ 100||NT$ 2,801|
|$ 250||NT$ 7,003|
|$ 500||NT$ 14,005|
|$ 1,000||NT$ 28,010|
|$ 2,000||NT$ 56,020|
|$ 5,000||NT$ 140,050|
|$ 10,000||NT$ 280,100|
|$ 20,000||NT$ 560,200|
|$ 50,000||NT$ 1,400,500|
|$ 100,000||NT$ 2,801,000|
|$ 0.0357||NT$ 1|
|$ 0.1785||NT$ 5|
|$ 0.3570||NT$ 10|
|$ 0.7140||NT$ 20|
|$ 1.7850||NT$ 50|
|$ 3.5699||NT$ 100|
|$ 8.9248||NT$ 250|
|$ 17.85||NT$ 500|
|$ 35.70||NT$ 1,000|
|$ 71.40||NT$ 2,000|
|$ 178.50||NT$ 5,000|
|$ 356.99||NT$ 10,000|
|$ 713.98||NT$ 20,000|
|$ 1,785||NT$ 50,000|
|$ 3,570||NT$ 100,000|
More US dollar Rates & Trends
USD to EUR
USD to EUR at 0.8389 is 0.9% above its 90-day average, range 0.8163-0.8534. USD/EUR Rates
USD to AUD
USD to AUD at 1.3255 has risen 2.0% above its 90-day average, range 1.2738-1.3373. USD/AUD Rates
USD to GBP
USD to GBP at 0.7178 is just above its 90-day average, range 0.7038-0.7305. USD/GBP Rates
USD to INR
USD to INR at 74.26 is 0.8% above its 90-day average, range 72.39-75.45. USD/INR Rates
USD to CAD
USD to CAD at 1.2325 is near its 90-day average, range 1.2037-1.2627. USD/CAD Rates
USD to MXN
USD to MXN at 20.37 has risen 1.3% above its 90-day average, range 19.69-20.93. 1D▼-0.6% USD/MXN Rates
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.
15 Jun 2021→
|1.6% ▲||1 Week|
23 May 2021→
|0.2% ▲||30 Days|
24 Mar 2021→
|1.7% ▼||90 Days|
22 Jun 2020→
|5.4% ▼||1 Year|
23 Jun 2016→
|12.7% ▼||5 Years|
25 Jun 2011→
|3.1% ▼||10 Years|
USD/TWD rate change to 22-Jun-2021 → 28.0096
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 can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.
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