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Compare Online USD/TWD travel money rates

Find the best online currency exchange rates (United States Dollar to New Taiwan Dollar cash)

 

This is the current USD-TWD mid-market exchange rate. The Total Cost of buying foreign currency in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market USD-TWD exchange rate.

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Currency news and forecasts for United States Dollar and New Taiwan Dollar

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 USD vs TWD, you should pay attention to both United States Dollar and New Taiwan Dollar news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

New Taiwan Dollar (TWD) - Market news and forecasts

3-March-2019: 2018 was a mixed year for the Taiwan dollar, as it lost 3.5 percent of its value against the US dollar (NT$30.56) but made respective gains of 1.6 and 7 percent against the euro (NT$35.09) and Australian dollar (NT$21.54).

Against the Aussie and euro, TWD remains in a long-term uptrend, having gained 21 and 25 percent against these currencies over the past 5 years. Against the US dollar, TWD is little changed over this timeframe.

In the first two months of 2019, TWD made little progress (<1.5 percent difference) against each of the aforementioned currencies.

After surveying FX traders in February, Reuters reported the “piling up” of bearish positions on TWD. Traders were seemingly raising their bets on TWD depreciation, encouraged by several months of disappointing export data which analysts said was evidence of a “global tech slowdown that will hit profits for the island’s many technology manufacturers this year.”

Sorry, our travel money calculators are currently only available for comparing exchange rates rates for buying foreign cash and travel money in Australia, Canada, France, Germany, Netherlands, New Zealand, United Kingdom and the USA.