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Best EUR to TWD Exchange Rates Compared Live

The live mid-rate EUR to TWD exchange rate is 33.99. Compare currency conversion rates - Reduce FX costs.

EUR-TWD Rate Calculator

 

 
#FX Alert: EUR/TWD down 4.2% to 33.95, well below 3-month avg of 35.43. Analysts point to German unemployment spike & Ukraine tensions weighing on EUR. TWD faces its own headwinds w/ US tariffs & China concerns - keep an eye on ECB signals & Taiwan tech sector for next moves

 

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

The best EUR to TWD exchange rate is 33.75 from Wise. This is -0.71% compared to the mid-market rate 33.99.

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

How do EUR-TWD rates compare between providers?

Looking at our comparison table the best EUR to TWD exchange rate is 33.75 from Wise, -0.71% from the mid-market rate 33.99. The next best rate is 33.72 from Currencies Direct, -0.79% from the mid-rate. Then Western Union with 33.48 is -1.5% from the mid-rate.

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.

 

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The Euro 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 EUR-TWD mid-rate (see Market Data below ) and the possible savings of using various providers. 

 
 
 

EUR to TWD Market Data

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

 
Sell EUR   →   Buy TWD
1 EUR =
33.99We compare provider deals to this wholesale mid-market rate. Read more
TWD
+0.5%
14d-lows
EUR to TWD at 33.95 is 4.2% below its 3-month average of 35.43, having traded in a rather volatile 13.2% range from 33.02 to 37.37
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  1 TWD = 0.029419 EUR
DateEUR/TWDChangePeriod
07 Jul 2023
34.31
1.7% 2 Week
22 Apr 2023
34.00
2.6% 3 Month
21 Jul 2022
30.55
14.2% 1 Year
22 Jul 2018
35.91
2.8% 5 Year
23 Jul 2013
39.46
11.6% 10 Year
26 Jul 2003
39.79
12.3% 20 Year
EUR/TWD historic rates & change to 21-Jul-2023
 

What are equivalent amounts of EUR and TWD?

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

EUR TWD
€ 1 NT$ 33.99
€ 5 NT$ 169.95
€ 10 NT$ 339.90
€ 20 NT$ 679.80
€ 50 NT$ 1,700
€ 100 NT$ 3,399
€ 250 NT$ 8,498
€ 500 NT$ 16,995
€ 1,000 NT$ 33,990
€ 2,000 NT$ 67,980
€ 5,000 NT$ 169,950
€ 10,000 NT$ 339,900
€ 20,000 NT$ 679,800
€ 50,000 NT$ 1,699,500
€ 100,000 NT$ 3,399,000
EUR TWD
0.0294 NT$ 1
0.1471 NT$ 5
0.2942 NT$ 10
0.5884 NT$ 20
1.4710 NT$ 50
2.9419 NT$ 100
7.3548 NT$ 250
14.71 NT$ 500
29.42 NT$ 1,000
58.84 NT$ 2,000
147.10 NT$ 5,000
294.19 NT$ 10,000
588.38 NT$ 20,000
1,471 NT$ 50,000
2,942 NT$ 100,000

More amounts

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

 
 

Forecasts for EUR to TWD

 

Recent analysis of the EUR to TWD exchange rate indicates a challenging outlook for the euro amidst economic pressures and geopolitical uncertainties. Analysts highlighted that the euro (EUR) has recently dipped, dropping to 33.95 TWD, which is approximately 4.2% below its three-month average of 35.43 TWD. This fluctuation reflects a broader volatility in the market, as the euro has traded within a significant range of 13.2%, from a low of 33.02 to a high of 37.37 TWD.

Read our full review of recent EUR to TWD forecasts.

 
TWD and flag

How to get a good EUR to TWD exchange rate

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

  1. Shop around for the best EUR/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 EUR/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 EUR 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 Euro, then it's better for the EUR/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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Will the Euro 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 EUR/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

EurozoneEurozone (EUR)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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