Exchange Rate Calculator

The exchange rate between the Euro (EUR) and the New Taiwan Dollar (TWD) has exhibited notable fluctuations over the past few months, reflecting a dynamic interplay of economic factors and market sentiments. Understanding these trends is crucial for businesses, investors, and policymakers engaged in Euro-Taiwan Dollar transactions.

Recent Exchange Rate Trends

In early 2025, the EUR/TWD exchange rate experienced significant volatility. On January 2, 2025, the rate reached its lowest point of the year at 33.770 TWD per Euro. Subsequently, the Euro strengthened against the Taiwan Dollar, peaking at 35.968 TWD on March 14, 2025. This represents an approximate 6.5% appreciation over this period. (exchange-rates.org)

The average exchange rate during this timeframe was around 34.366 TWD per Euro, indicating a general upward trend in the Euro's value relative to the Taiwan Dollar. This appreciation can be attributed to various factors, including economic developments in the Eurozone and Taiwan, as well as broader global financial market dynamics.

Technical Analysis Indicators

As of March 27, 2025, technical indicators provided mixed signals regarding the EUR/TWD currency pair. The Relative Strength Index (RSI) stood at 50.418, suggesting a neutral market sentiment. The Moving Average Convergence Divergence (MACD) indicated a buy signal, while the Stochastic Oscillator pointed towards a sell signal. These conflicting indicators reflect the market's uncertainty and the potential for both upward and downward movements in the exchange rate. (investing.com)

Forecasts and Projections

Looking ahead, various forecasts suggest a continued appreciation of the Euro against the Taiwan Dollar. Projections for the remainder of 2025 indicate that the EUR/TWD exchange rate could reach approximately 36.292 TWD by June and 36.804 TWD by August. These forecasts imply a steady upward trajectory, with the Euro potentially strengthening by around 2.7% from its March peak by mid-year. (walletinvestor.com)

Long-term projections are even more optimistic. By 2026, the exchange rate is expected to average around 35.9598 TWD per Euro, with fluctuations between 35.7800 and 36.1396 TWD. Over the next decade, the rate could reach an average of 40.3884 TWD, ranging from 40.2112 to 40.5655 TWD. These projections suggest a sustained strengthening of the Euro relative to the Taiwan Dollar over the coming years. (midforex.com)

Factors Influencing the Exchange Rate

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

• Economic Performance: Differences in economic growth rates, inflation, and employment levels between the Eurozone and Taiwan can influence currency values.

• Monetary Policies: Decisions by the European Central Bank and the Central Bank of the Republic of China (Taiwan) regarding interest rates and monetary policy can impact the exchange rate.

• Trade Balances: The trade relationship between the Eurozone and Taiwan, including export and import levels, affects demand for each currency.

• Global Market Sentiment: Investor perceptions and risk appetites, influenced by geopolitical events and global economic conditions, can lead to capital flows that impact exchange rates.

Implications for Stakeholders

For businesses engaged in trade between Europe and Taiwan, the strengthening Euro may affect pricing strategies and profit margins. Importers in Taiwan may face higher costs for European goods, while European exporters could find their products becoming more expensive for Taiwanese consumers.

Investors should consider the potential for currency appreciation when making decisions involving assets denominated in Euros or Taiwan Dollars. Hedging strategies may be appropriate to manage exchange rate risk.

Policymakers need to monitor these trends to assess their impact on economic stability and to formulate appropriate monetary and fiscal policies.

Conclusion

The EUR/TWD exchange rate has shown a pattern of appreciation for the Euro against the Taiwan Dollar in early 2025, with forecasts indicating a continuation of this trend. Various economic and market factors will continue to influence this currency pair, necessitating close monitoring by businesses, investors, and policymakers to navigate the evolving financial landscape effectively.