Barclays Bank GBP to TWD Exchange Rates & Currency Deals
GBP-TWD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Barclays Bank 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’.
GBP to TWD Market Data
British pound (GBP) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
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
GBP/TWD historic rates & change to 21-Jul-2023
GBP/TWD trading at 40.48, down 2.9% from 3-month avg. Analysts cite US tariffs on UK imports as key factor driving volatility. Watch for upcoming UK GDP data - experts warn further drop possible if figures disappoint amid ongoing trade tensions w/ US & Taiwan tech sector challenges. #FX #GBP
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 * :
What is the
Barclays Bank Send Money conversion rate for GBP to TWD?
The Barclays Bank GBP to TWD exchange rate is 38.59. This is -3.5% compared to the latest GBP-TWD mid-market rate 39.99.
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
Barclays Bank - Sterling to New Taiwan dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Barclays Bank and other foreign exchange providers against the latest GBP-TWD mid-rate and the possible savings of using various providers.
How do Barclays Bank GBP-TWD rates compare between providers?
Looking at the
full comparison table
the best GBP to TWD exchange rate is 39.81 from Wise, -0.45% from the mid-market rate 39.99. The next best rate is 39.67 from Currencies Direct, -0.8% from the mid-rate. Then Western Union with 39.39 is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 36.73 at -8.2% the Royal Bank of Scotland rate is 36.97 at -7.6% and the Barclays Bank rate is 38.59 at -3.5% compared to the mid-rate 39.99.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Barclays Bank 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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