Exchange Rate Calculator

As of May 3, 2025, Ethereum (ETH) is trading at approximately NT$62,200.99 per ETH. This marks a significant decline from its all-time high of NT$135,247.00. Over the past year, ETH has experienced a decrease of approximately 43.42% against the New Taiwan Dollar (TWD).

Recent Performance

In the last 24 hours, ETH's price has decreased by 2.3%, and over the past week, it has declined by 11.5%. The 24-hour trading volume stands at NT$257,349,909,561, indicating active market participation.

Historical Context

Ethereum reached its peak price of NT$135,247.00 in 2021. Since then, the cryptocurrency has faced volatility, with notable declines in 2022 and 2023. For instance, in October 2023, ETH was trading around NT$58,442.26.

Market Capitalization and Supply

Ethereum's current market capitalization is approximately NT$7,509,288,506,736, with a circulating supply of 120,619,170 ETH. This positions Ethereum as one of the leading cryptocurrencies by market cap.

Factors Influencing ETH/TWD Exchange Rate

Several factors contribute to the fluctuations in the ETH/TWD exchange rate:

• Global Cryptocurrency Market Trends: The overall performance of the cryptocurrency market significantly impacts Ethereum's value.

• Regulatory Developments: Changes in regulations within Taiwan and globally can influence investor sentiment and ETH's price.

• Technological Updates: Upgrades to the Ethereum network, such as the transition to Ethereum 2.0, can affect its valuation.

• Macroeconomic Factors: Economic indicators, including inflation rates and monetary policies in Taiwan, can impact the TWD's strength, thereby affecting the ETH/TWD exchange rate.

Conclusion

The ETH/TWD exchange rate has experienced significant fluctuations over the past few years, influenced by a combination of market dynamics, regulatory changes, technological advancements, and macroeconomic factors. Investors should remain vigilant and consider these variables when engaging in cryptocurrency transactions.