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 ‘Get Rates’.
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.
USD to TWD Market Data
US dollar (USD) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.
USD to TWD at 29.96 is 5.6% below its 3-month average of 31.73, having traded in a rather volatile 14.0% range from 29.18 to 33.27
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Tracker
1 TWD =
0.033367 USD
Is the USD 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 US dollar against the New Taiwan dollar is to review how the USD/TWD rate has changed over time.
The table below shows the percentage change in the USD to TWD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/TWD
Change
Period
07 Jul 2023
31.28
0.2% ▲
2 Week
22 Apr 2023
30.64
2.3% ▲
3 Month
21 Jul 2022
29.90
4.8% ▲
1 Year
22 Jul 2018
30.58
2.5% ▲
5 Year
23 Jul 2013
29.89
4.9% ▲
10 Year
26 Jul 2003
34.62
9.5% ▼
20 Year
USD/TWD historic rates & change to 21-Jul-2023
#USD/TWD drops to 29.96, down 5.6% from 3-month avg. Analysts warn USD faces pressure as jobless claims hit Oct highs, signaling Fed may cut rates. Taiwan's tech sector & US-Taiwan trade tensions remain key factors to watch
To help you understand the real-world value of the current exchange rate, the table below shows how much US 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 USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to TWD?
The best USD to TWD exchange rate is 29.77 from Wise. This is -0.67% compared to the mid-market rate 29.97.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to New Taiwan dollar (TWD) rates from different sources before making a conversion.
The above
Dollar 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 USD-TWD mid-rate and the possible savings of using various providers.
How do USD-TWD rates compare between providers?
Looking at the
full comparison table
the best USD to TWD exchange rate is 29.77 from Wise, -0.67% from the mid-market rate 29.97. The next best rate is 29.49 from Western Union, -1.6% from the mid-rate. Then WorldRemit with 29.25 is -2.4% from the mid-rate.
Among the banks the Chase Bank rate is 26.97 at -10% the Wells Fargo Bank rate is 26.8 at -10.6% and the Citibank rate is 28.17 at -6% compared to the mid-rate 29.97.
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: