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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 transaction type, details and click ‘GET RATES’.
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.
British pound (GBP) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
| Date | GBP/TWD | Change | Period |
|---|---|---|---|
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 |
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 |
|---|---|
| £ 24.99 | NT$ 1,000 |
| £ 124.93 | NT$ 5,000 |
| £ 499.72 | NT$ 20,000 |
| £ 2,499 | 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.
The best GBP to TWD exchange rate is 39.84 from Wise. This is -0.45% compared to the mid-market rate 40.02.
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.
The above Sterling 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 GBP-TWD mid-rate and the possible savings of using various providers.
Looking at the full GBP to TWD - Send Money comparison table the provider with the best GBP to TWD exchange rate is Wise at 39.84, -0.45% from the latest mid-market rate 40.02.
The next best is Currencies Direct at 39.7, -0.8% from the mid-rate.
Then Western Union at 39.42, which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 36.76 at -8.1% the Royal Bank of Scotland rate is 37 at -7.5% and the Barclays Bank rate is 38.62 at -3.5% compared to the mid-rate 40.02.
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:
