The current exchange rate for AED to TWD stands at 8.3846, which is approximately 1.3% higher than its three-month average of 8.2751. Over the past three months, the pair has exhibited stability, trading within a 3.8% range from 8.0884 to 8.3998.
Recent developments regarding the UAE Dirham suggest a mix of supportive and neutral factors influencing the AED. The bilateral currency swap agreement valued at 18 billion AED signed between the UAE and Turkey is expected to enhance liquidity and may bolster the AED through increased cross-border transactions. Moreover, Dubai's strategy to attract British property buyers amid a weaker dirham could further stimulate demand for the currency. The positive economic outlook from the IMF, projecting a 4.8% GDP growth for 2025, reinforces confidence in the AED’s strength against other currencies.
Conversely, the New Taiwan Dollar shows signs of appreciation, driven by Taiwan's strong economic outlook, particularly in the AI semiconductor sector, as noted by the central bank's increased growth forecast of 4.55% for 2025. However, concerns about export competitiveness due to TWD's strength may weigh on its future performance. Analysts from Bank of America anticipate continued appreciation of the TWD, driven by robust export performance and corporate activities in hedging.
Given these dynamics, the exchange rate forecasts for AED to TWD appear moderately favorable for the AED in the short term. Analysts suggest that the resilience of the UAE economy and the attractiveness of its real estate market may provide support for the AED, while the TWD's future strength will be contingent upon Taiwan's export health and global economic conditions.
