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SGD to TWD Travel Money Compared

SGD-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 transaction type, details and click ‘GET RATES’.

 
 
   

SGD to TWD Market Data

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

 
Sell SGD   →   Buy TWD
1 SGD = 22.81 TWD
-0.6% since yesterday
30d-lows
SGD to TWD is at 30-day lows near 22.81, 3.9% below its 3-month average of 23.74, having traded in a fairly volatile 10.0% range from 22.62 to 24.88
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Tracker

Is the SGD 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 Singapore dollar against the New Taiwan dollar is to review how the SGD/TWD rate has changed over time.

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

DateSGD/TWDChangePeriod
07 Jul 2023
23.17
1.6% 2 Week
22 Apr 2023
22.95
2.6% 3 Month
21 Jul 2022
21.51
9.5% 1 Year
22 Jul 2018
22.47
4.8% 5 Year
23 Jul 2013
23.65
0.4% 10 Year
26 Jul 2003
19.80
18.9% 20 Year
SGD/TWD historic rates & change to 21-Jul-2023
 

SGD 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 Singapore 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 SGD amounts at today’s rate * :

SGD TWD
S$ 1 NT$ 22.81
S$ 5 NT$ 114.05
S$ 10 NT$ 228.10
S$ 20 NT$ 456.20
S$ 50 NT$ 1,141
S$ 100 NT$ 2,281
S$ 250 NT$ 5,703
S$ 500 NT$ 11,405
S$ 1,000 NT$ 22,810
S$ 2,000 NT$ 45,620
S$ 5,000 NT$ 114,050
S$ 10,000 NT$ 228,100
S$ 20,000 NT$ 456,200
S$ 50,000 NT$ 1,140,500
S$ 100,000 NT$ 2,281,000
SGD TWD
S$ 0.0438 NT$ 1
S$ 0.2192 NT$ 5
S$ 0.4384 NT$ 10
S$ 0.8769 NT$ 20
S$ 2.1922 NT$ 50
S$ 4.3844 NT$ 100
S$ 10.96 NT$ 250
S$ 21.92 NT$ 500
S$ 43.84 NT$ 1,000
S$ 87.69 NT$ 2,000
S$ 219.22 NT$ 5,000
S$ 438.44 NT$ 10,000
S$ 876.88 NT$ 20,000
S$ 2,192 NT$ 50,000
S$ 4,384 NT$ 100,000

More amounts

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

 
   
Taiwan

Everyday Costs in in Taiwan

How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.

Currency Guide for Taiwan (ISO Code: TW)

For travelers planning a one-week mid-range stay in Taiwan, a budget of approximately TWD 30,000 to TWD 40,000 (around USD 1,000 to USD 1,300) should suffice. This budget allows for a comfortable experience without breaking the bank, covering meals, accommodations, and transportation. Here's a quick overview of typical daily expenses in Taiwan:

  • 🍜 Meal at a local restaurant: TWD 200-300
  • ☕ Coffee: TWD 100-150
  • 🚍 Public transport fare: TWD 25-50
  • 📶 Prepaid SIM card: TWD 300-600
  • 🛏️ Budget hotel or Airbnb: TWD 1,200-1,800 per night

In general, Taiwan offers moderate pricing compared to many Western countries. While your experience may vary based on personal preferences and choices, it's generally cheaper than the United States, especially in dining and local transport. In contrast, Taiwan's cost of living aligns closely with the UK, where expenses for equivalent services can be 20-30% higher.

Living Costs and Financial Tips for Expats in Taiwan

For expats living in Taiwan, typical monthly living costs can range from TWD 40,000 to TWD 60,000 depending on lifestyle choices. This cost usually covers rent, groceries, utility bills, and leisure activities. While it can be reasonable to spend less if you embrace local food and transport, living in more upscale neighborhoods can significantly increase expenses.

When navigating finances, it's crucial to have a local bank account for efficient transactions. Credit and debit cards are widely accepted, but always carry cash for smaller vendors. As for transferring money internationally, services like Wise and OFX typically offer better exchange rates and lower fees than traditional banks, making them a smart choice for sending or receiving funds. However, for day-to-day expenses, it's advisable to exchange money locally to avoid unfavorable rates and fees often charged by exchange bureaus in tourist areas.

 

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