CAD to TWD Forecast & Outlook
09 May 2026 • 00:49 GMT
📊 Forecast snapshot
- Near-term bias: 🔴 Mild downside
- Expected range: 22.4500 – 22.9000
- Dominant driver: 🌍 Global risk sentiment
- 3-month trend: ⚪ Range-bound
Currently, CAD/TWD is trading near 14-day lows at 22.90, just below the 3-month average of 23.1. Supported by risk-off sentiment and geopolitical risks, the pair remains within its recent range. Near-term conditions suggest downside pressure could persist if risk aversion continues, keeping the pair under stress.
💸 Transfer implications
- Expats: sending money to Taiwan may find current conditions less favourable than recent levels.
- Travellers: exchanging currency might encounter slightly weaker CAD buying TWD.
- Businesses: paying TWD invoices could see more challenging conversion rates in the near term.
🧭 Key drivers
- Rate gap: The Canadian Dollar's uncertain position and lack of clear yield advantage keep the pair range-bound.
- Risk/commodities: Widespread risk-off sentiment is pressuring risk-sensitive currencies like CAD, amid geopolitical tensions.
- Global factors: Oil prices continue to influence the CAD, supporting range-bound movements and limiting sharp directional shifts.
⚠️ What could change it
- Upside risk: A reduction in geopolitical risk or risk appetite boost could strengthen CAD temporarily.
- Downside risk: Renewed risk aversion or oil price declines could push the pair closer to recent lows.
BER suggests comparing FX providers to help offset less favourable exchange conditions and reducing transfer costs where possible.