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Best CAD to TWD Exchange Rates Compared Live

The live mid-rate CAD to TWD exchange rate is 21.58. Compare currency conversion rates - Reduce FX costs.

CAD-TWD Rate Calculator

 

 
CAD/TWD near 21.61, down 4.8% from 3-month avg. Analysts eye CAD strength tied to oil prices ($64.13, 14-day low). Geopolitical tensions & US tariffs add pressure on TWD while experts predict continued volatility in coming weeks. #CADTWD #ForexUpdate

 

What is the best Send Money conversion rate for CAD to TWD?

The best CAD to TWD exchange rate is 21.45 from Wise. This is -0.6% compared to the mid-market rate 21.58.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to New Taiwan dollar (TWD) rates from different sources before making a conversion.

How do CAD-TWD rates compare between providers?

Looking at our comparison table the best CAD to TWD exchange rate is 21.45 from Wise, -0.6% from the mid-market rate 21.58. The next best rate is 21.25 from WorldRemit, -1.5% from the mid-rate. Then Western Union with 21.23 is -1.6% from the mid-rate.

Among the banks, the TD Bank rate is 20 at -7.3% compared to the mid-rate 21.58.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare Rates

 

The Loonie to New Taiwan dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-TWD mid-rate (see Market Data below ) and the possible savings of using various providers. 

 
 
 

CAD to TWD Market Data

Canadian dollar (CAD) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy TWD
1 CAD =
21.58We compare provider deals to this wholesale mid-market rate. Read more
TWD
14d-lows
CAD to TWD is at 14-day lows near 21.61, 4.8% below its 3-month average of 22.7, having traded in a quite volatile 11.7% range from 21.11 to 23.59
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  1 TWD = 0.046342 CAD
DateCAD/TWDChangePeriod
07 Jul 2023
23.52
0.7% 2 Week
22 Apr 2023
22.40
5.8% 3 Month
21 Jul 2022
23.21
2.1% 1 Year
22 Jul 2018
23.31
1.6% 5 Year
23 Jul 2013
28.97
18.2% 10 Year
26 Jul 2003
24.97
5.1% 20 Year
CAD/TWD historic rates & change to 21-Jul-2023
 

What are equivalent amounts of CAD and TWD?

Here are some popular conversion amounts for CAD to TWD (Canadian dollar to New Taiwan dollar)*.

CAD TWD
C$ 1 NT$ 21.58
C$ 5 NT$ 107.90
C$ 10 NT$ 215.80
C$ 20 NT$ 431.60
C$ 50 NT$ 1,079
C$ 100 NT$ 2,158
C$ 250 NT$ 5,395
C$ 500 NT$ 10,790
C$ 1,000 NT$ 21,580
C$ 2,000 NT$ 43,160
C$ 5,000 NT$ 107,900
C$ 10,000 NT$ 215,800
C$ 20,000 NT$ 431,600
C$ 50,000 NT$ 1,079,000
C$ 100,000 NT$ 2,158,000
CAD TWD
C$ 0.0463 NT$ 1
C$ 0.2317 NT$ 5
C$ 0.4634 NT$ 10
C$ 0.9268 NT$ 20
C$ 2.3171 NT$ 50
C$ 4.6342 NT$ 100
C$ 11.59 NT$ 250
C$ 23.17 NT$ 500
C$ 46.34 NT$ 1,000
C$ 92.68 NT$ 2,000
C$ 231.71 NT$ 5,000
C$ 463.42 NT$ 10,000
C$ 926.84 NT$ 20,000
C$ 2,317 NT$ 50,000
C$ 4,634 NT$ 100,000

More amounts

*Converted at the current CADTWD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for CAD to TWD

 

Recent forecasts for the CAD to TWD exchange rate indicate several critical factors influencing the Canadian dollar (CAD) and its interaction with the Taiwanese dollar (TWD). Analysts highlight that the CAD has shown resilience recently, buoyed by rising oil prices. As Canada is a significant oil exporter, a continued appreciation of crude prices could support further gains in the CAD. Currently, the price of oil is at a 14-day low of approximately $64.13, which is about 4.9% below its three-month average of $67.43, and has fluctuated within a volatile range of 24.7% from $60.14 to $75.02. Observers note that if oil prices reverse their decline, this could lead to a strengthening of the loonie against major currencies, including the TWD.

Read our full review of recent CAD to TWD forecasts.

 
CAD to TWD flags

How to get a good CAD to TWD exchange rate

There are several ways to save on exchange rates when converting Canadian dollar to New Taiwan dollar:

  1. Shop around for the best CAD/TWD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the CAD/TWD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and TWD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying New Taiwan dollar with Canadian dollar, then it's better for the CAD/TWD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

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

Read our Currency guide to Taiwan — a practical currency and money guide to travel in Taiwan plus living and doing business with the New Taiwan dollar.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

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Compare Rates

Will the Canadian 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 CAD/TWD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 
 

Currency Country Guides

CanadaCanada (CAD)TaiwanTaiwan (TWD)
 

Are there limits on foreigners buying property in Taiwan?

There are no special limits on foreigners, except for Chinese, buying property in Taiwan.

Foreigners and foreign companies who purchased property after the beginning of 2016 will have to pay extra taxes on any profit when they sell. This tax will vary depending on the length of ownership.

What you can buy for...

US$500,000: Old apartment, no lift or parking.

US$1,000,000: New apartment, lift plus parking, roughly 90-110 sqm

US$5,000,000: High-end residential apartment 300-400sqm

Read more at our Taiwan (TWD) country guide

   
 
 
 

Related exchange rates


Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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