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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
340,870.02 TWD
Exchange Rate
as of July 05, 2025 at 8:36 AM
1 EUR =
34.09 TWD
Market analysis of EUR to TWD currency exchange rates
Analysis as of April 2025
The exchange rate between the Euro (EUR) and the New Taiwan Dollar (TWD) has experienced notable fluctuations over the past few months. This report provides an analysis of recent trends, technical indicators, and future forecasts to offer a comprehensive understanding of the EUR/TWD currency pair.
Recent Exchange Rate Trends
In early 2025, the EUR/TWD exchange rate exhibited significant volatility. On January 2, 2025, the rate reached its lowest point at 33.764 TWD per Euro. Subsequently, the Euro strengthened against the Taiwan Dollar, peaking at 37.389 TWD on April 21, 2025. The average exchange rate during this period was approximately 34.798 TWD. (exchangerates.org.uk)
This upward trend indicates an appreciation of the Euro relative to the Taiwan Dollar in 2025. The fluctuations can be attributed to various factors, including economic data releases, monetary policy decisions by the European Central Bank and the Central Bank of the Republic of China (Taiwan), and global market sentiments.
Technical Analysis
As of June 27, 2025, technical indicators for the EUR/TWD pair present a mixed outlook:
- Relative Strength Index (RSI 14): 46.116 (Neutral)
- Stochastic Oscillator (9,6): 33.248 (Sell)
- MACD (12,26): -0.083 (Sell)
- Average Directional Index (ADX 14): 49.505 (Sell)
- Williams %R: -45.454 (Neutral)
- Commodity Channel Index (CCI 14): -51.9177 (Sell)
The moving averages also provide insights:
- Simple Moving Averages (SMA):
- MA5: 33.796 (Buy)
- MA10: 33.906 (Buy)
- MA20: 34.022 (Sell)
- MA50: 34.084 (Sell)
- MA100: 34.164 (Sell)
- MA200: 34.088 (Sell)
These indicators suggest a cautious approach, as short-term signals lean towards buying, while longer-term averages indicate potential selling pressures. (investing.com)
Forecasts and Projections
Looking ahead, various forecasts predict a gradual appreciation of the Euro against the Taiwan Dollar:
MidForex Forecast (2025-2026): The exchange rate is projected to average around 34.5185 TWD in 2026, with a gradual increase to 38.7695 TWD by 2035. (midforex.com)
CoinCodex Forecast: A decrease of 8.96% is anticipated over the next six months, potentially reaching 31.02 TWD. Over the next year, a 9.26% fall is expected, bringing the rate to 30.92 TWD. In five years, the rate could reach 33.04 TWD, marking a 3.03% decrease. (coincodex.com)
Conclusion
The EUR/TWD exchange rate has shown significant volatility in recent months, influenced by various economic and geopolitical factors. Technical indicators present a mixed outlook, suggesting caution for traders and investors. While some forecasts predict a gradual appreciation of the Euro against the Taiwan Dollar, others anticipate a decline. Therefore, it is essential for market participants to stay informed and consider multiple factors when making decisions related to this currency pair.