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’.
GBP to TWD Market Data
British pound (GBP) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP 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 British pound against the New Taiwan dollar is to review how the GBP/TWD rate has changed over time.
The table below shows the percentage change in the GBP to TWD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The GBP/USD exchange rate currently leans bullish, primarily supported by recent signals from the Bank of England (BoE) indicating a cautious approach...
Current market bias: Bullish.
Key drivers:
- Interest rate differential favors GBP as the Bank of England is cautious about future rate cuts.
- Upcoming UK retail sales data could indicate consumer growth, boosting the GBP.
- Taiwan's central bank is focused on stabilizing the TWD.
Near-term range: Expect GBP to TWD to trade within a few percentage points of its recent levels, remaining above its three-month average around 42.33.
What could change it: An upside risk is the release of stronger retail sales data in the UK. A downside risk could arise if fiscal concerns prompt the Bank of England to accelerate rate cuts, affecting GBP strength.
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GBP to TWD exchange rate shows bullish momentum as BoE keeps rate cuts cautious. UK retail sales figures could strengthen GBP further. Watch for TWD stability from Taiwan's central bank. Market forecasts suggest volatility may remain contained in coming weeks
@bestfxrates
GBP 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 British pound are worth in New Taiwan dollar across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to TWD?
The best GBP to TWD exchange rate is 41.77 from Wise. This is -0.93% compared to the mid-market rate 42.16.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to New Taiwan dollar (TWD) rates from different sources before making a conversion.
The above
Sterling 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 GBP-TWD mid-rate and the possible savings of using various providers.
How do GBP-TWD rates compare between providers?
Looking at the full
GBP to TWD - Send Money comparison table the provider with the best GBP to TWD exchange rate is Wise at 41.77, -0.93% from the latest mid-market rate 42.16.
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.