The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to Taiwan can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Taiwan bank accounts or pay a New Taiwan dollar invoice.
CAD to TWD Market Data
Canadian dollar (CAD) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD to TWD is at 14-day highs near 21.92, 3.2% below its 3-month average of 22.64, having traded in a quite volatile 11.7% range from 21.11 to 23.59
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Tracker
1 TWD =
0.045760 CAD
Is the CAD to TWD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the New Taiwan dollar is to review how the CAD/TWD rate has changed over time.
The table below shows the percentage change in the CAD to TWD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/TWD
Change
Period
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
$CAD to TWD hits 14-day highs at 21.92, still 3.2% below 3-month avg. CAD pressured by trade deficit & oil price drop to $65.34. Analysts warn upcoming jobs data could push loonie lower vs TWD amid 11.7% volatile trading range
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in New Taiwan dollar across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to TWD?
The best CAD to TWD exchange rate is 21.72 from Wise. This is -0.59% compared to the mid-market rate 21.85.
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.
The above
Loonie to New Taiwan dollar comparison table
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 and the possible savings of using various providers.
How do CAD-TWD rates compare between providers?
Looking at the
full comparison table
the best CAD to TWD exchange rate is 21.72 from Wise, -0.59% from the mid-market rate 21.85. The next best rate is 21.53 from WorldRemit, -1.5% from the mid-rate. Then Western Union with 21.5 is -1.6% from the mid-rate.
Among the banks the TD Bank rate is 20.23 at -7.4% compared to the mid-rate 21.85.
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.
View a full list of exchange rates by selecting your Base (from) currency: