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GBP to TWD Foreign Transfer Rates

GBP-TWD Rate Calculator

 
   
   
   
   

   

Understanding the Table:

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 ‘Compare’.

 
 

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.

 
   

GBP to TWD Market Data

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

 
Sell GBP   →   Buy TWD
1 GBP = 40.60 TWD
-0.1% since yesterday
14d-highs
GBP to TWD at 40.58 is 3.1% below its 3-month average of 41.87, having traded in a rather volatile 12.4% range from 38.80 to 43.61
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Tracker

  1 TWD = 0.024633 GBP

Is the GBP 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 British pound against the New Taiwan dollar is to review how the GBP/TWD rate has changed over time.

The table below shows the percentage change in the GBP to TWD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateGBP/TWDChangePeriod
07 Jul 2023
40.16
0.3% 2 Week
22 Apr 2023
38.10
5.7% 3 Month
21 Jul 2022
35.86
12.4% 1 Year
22 Jul 2018
40.20
0.2% 5 Year
23 Jul 2013
45.86
12.1% 10 Year
26 Jul 2003
55.99
28% 20 Year
GBP/TWD historic rates & change to 21-Jul-2023
#FX Alert: GBP/TWD trading at 40.58, down 3.1% from 3-month avg. Trump's new 10% UK tariffs causing £ volatility & uncertainty, while TWD faces pressure from US tech tariffs. Analysts warn GBPTWD pair could see further swings as trade tensions evolve - stay alert if transferring money

 

GBP to TWD Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in New Taiwan dollar across a range of amounts.

This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :

GBP TWD
£ 1 NT$ 40.60
£ 5 NT$ 203.00
£ 10 NT$ 406.00
£ 20 NT$ 812.00
£ 50 NT$ 2,030
£ 100 NT$ 4,060
£ 250 NT$ 10,150
£ 500 NT$ 20,300
£ 1,000 NT$ 40,600
£ 2,000 NT$ 81,200
£ 5,000 NT$ 203,000
£ 10,000 NT$ 406,000
£ 20,000 NT$ 812,000
£ 50,000 NT$ 2,030,000
£ 100,000 NT$ 4,060,000
GBP TWD
£ 0.0246 NT$ 1
£ 0.1232 NT$ 5
£ 0.2463 NT$ 10
£ 0.4927 NT$ 20
£ 1.2317 NT$ 50
£ 2.4633 NT$ 100
£ 6.1583 NT$ 250
£ 12.32 NT$ 500
£ 24.63 NT$ 1,000
£ 49.27 NT$ 2,000
£ 123.17 NT$ 5,000
£ 246.33 NT$ 10,000
£ 492.66 NT$ 20,000
£ 1,232 NT$ 50,000
£ 2,463 NT$ 100,000

More amounts

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

 
 

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

The best GBP to TWD exchange rate is 40.41 from Wise. This is -0.47% compared to the mid-market rate 40.60.

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

How do GBP-TWD rates compare between providers?

Looking at our comparison table the best GBP to TWD exchange rate is 40.41 from Wise, -0.47% from the mid-market rate 40.60. The next best rate is 40.27 from Currencies Direct, -0.81% from the mid-rate. Then Western Union with 39.99 is -1.5% from the mid-rate.

Among the banks the Lloyds Bank rate is 37.43 at -7.8% the Royal Bank of Scotland rate is 37.67 at -7.2% and the Barclays Bank rate is 39.18 at -3.5% compared to the mid-rate 40.60.

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 Sterling 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 GBP-TWD mid-rate and the possible savings of using various providers. 

 

View a full list of exchange rates by selecting your Base (from) currency: