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TWD to CAD Market Data
New Taiwan dollar (TWD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
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1 TWD = 0.043617 CAD
1d+0.4%▲
TWD to CAD at 0.043691 is 2.8% below its 3-month average of 0.044942, having traded in a quite stable 5.6% range from 0.043496 to 0.045950
Is the TWD to CAD 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 New Taiwan dollar against the Canadian dollar is to review how the TWD/CAD rate has changed over time.
The table below shows the percentage change in the TWD to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The Canadian dollar (CAD) has recently shown fluctuations against the Taiwan dollar (TWD), trading at approximately 22.95, which is 3.3% above its three-month average of 22.22.
The recent forecasts for the USD to CAD exchange rate indicate a potential weakening of the US dollar against the Canadian dollar as traders anticipate...
Current market bias for the CAD to TWD exchange rate is slightly bullish.
Key drivers include:
- The Bank of Canada holding its policy rate at 2.25%, attracting foreign investment.
- Strong Canadian employment data, with 54,000 jobs added in November, boosting confidence in the CAD.
- Taiwan’s central bank aiming for a stable New Taiwan Dollar, which indicates a steady exchange rate environment.
Expect the CAD to TWD exchange rate to trade within a narrow range over the next 1–3 months.
An upside risk could arise from rising oil prices, benefiting Canada as a leading oil exporter. Conversely, increased geopolitical tensions may shift demand towards safe-haven currencies, potentially weakening the CAD.
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CAD to TWD is slightly bullish as Canada's job growth boosts confidence, with stable rates from the Bank of Canada. Expect a narrow trading range; upside risk from rising oil prices, downside from geopolitical tensions affecting demand for CAD
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TWD to CAD 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 New Taiwan dollar are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different TWD amounts at today’s rate * :