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. This report provides an analysis of the 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 experienced significant volatility. On January 2, 2025, the rate reached its lowest point at 33.770 TWD per Euro. Subsequently, the Euro strengthened against the Taiwan Dollar, peaking at 35.968 TWD on March 14, 2025. The average exchange rate during this period was approximately 34.366 TWD.

This upward trend indicates a 6.08% 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 March 27, 2025, technical indicators for the EUR/TWD pair present a mixed outlook:

• Relative Strength Index (RSI 14): 50.418 (Neutral)
• Stochastic Oscillator (9,6): 29.63 (Sell)
• MACD (12,26): 0.015 (Buy)
• Average Directional Index (ADX 14): 31.024 (Buy)
• Williams %R: -60.916 (Sell)
• Commodity Channel Index (CCI 14): 23.3345 (Neutral)

The moving averages also provide insights:

• Simple Moving Averages (SMA):
  • MA5: 35.723 (Sell)
  • MA10: 35.727 (Sell)
  • MA20: 35.706 (Sell)
  • MA50: 35.683 (Buy)
  • MA100: 35.702 (Buy)
  • MA200: 35.824 (Sell)

These indicators suggest a cautious approach, as short-term signals lean towards selling, while longer-term averages indicate potential buying opportunities.

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 36.8729 TWD in May 2025, with a gradual increase to 37.3178 TWD by September 2026.

• CoinCodex Forecast: An 18.38% increase is anticipated over the next six months, potentially reaching 42.73 TWD. Over the next year, a 19.73% rise is expected, bringing the rate to 43.22 TWD. In five years, the rate could reach 51.23 TWD, marking a 41.91% increase.

• WalletInvestor Prediction: The exchange rate is expected to open at 36.005 TWD in April 2025 and close at 36.064 TWD, with minor fluctuations throughout the year.

These projections indicate a bullish outlook for the EUR/TWD pair, suggesting potential opportunities for investors and businesses engaged in Euro-Taiwan Dollar transactions.

Conclusion

The EUR/TWD exchange rate has shown an upward trend in early 2025, with technical indicators and forecasts supporting a continued appreciation of the Euro against the Taiwan Dollar. Stakeholders should monitor economic developments, central bank policies, and global market conditions to make informed decisions regarding this currency pair.