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’.
USD to TWD Market Data
US dollar (USD) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
Current market bias: Bearish.
Key drivers:
- Interest rate differential: US interest rate cuts are expected, weakening the USD.
- Supportive macro factor: US inflation has dropped, impacting Fed's rate decisions.
Near-term range: The USD to TWD is likely to trade within a stable range influenced by economic factors.
What could change it: An unexpectedly strong US consumer sentiment could strengthen the USD, while declining global growth or geopolitical tensions could further weaken it.
USD/TWD exchange rate is bearish with expected pressure from US rate cuts. A drop in inflation to 2.7% heightens prospects of more Fed cuts, which may weaken the USD. However, strong US consumer sentiment can provide short-term support.
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USD 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 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 30.81 from Wise. This is -1.5% compared to the mid-market rate 31.29.
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
USD to TWD - Send Money comparison table the provider with the best USD to TWD exchange rate is Wise at 30.81, -1.5% from the latest mid-market rate 31.29.
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.