Exchange Rate Calculator

The exchange rate between the Indian Rupee (INR) and the Taiwan Dollar (TWD) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, underlying factors influencing these movements, and potential implications for stakeholders.

Recent Exchange Rate Trends

Over the past six months, the INR/TWD exchange rate has exhibited a downward trend. On December 30, 2024, the rate stood at approximately 0.3894 TWD per INR. By June 27, 2025, it had declined to around 0.3403 TWD per INR, marking a depreciation of about 12.6% over this period. (exchange-rates.org)

In May 2025, the exchange rate began at 0.38 TWD per INR on May 1 and fell to 0.35 TWD per INR by May 31, representing an 8.45% decrease within the month. (goodreturns.in) This decline continued into June, with the rate reaching 0.3403 TWD per INR by June 27. (exchange-rates.org)

Factors Influencing the Exchange Rate Movements

Several factors have contributed to the depreciation of the Indian Rupee against the Taiwan Dollar:

1. Economic Indicators: India's economic performance, including GDP growth rates, inflation, and trade balances, can impact the value of the Rupee. Similarly, Taiwan's economic stability and export-driven economy influence the strength of the TWD. (exchange-rates.org)

2. Monetary Policies: Decisions by the Reserve Bank of India (RBI) and the Central Bank of the Republic of China (Taiwan) regarding interest rates and monetary policies affect investor confidence and capital flows, thereby impacting exchange rates.

3. Global Market Dynamics: Fluctuations in global commodity prices, especially crude oil, can affect India's import bills and trade deficits, influencing the Rupee's value. Additionally, Taiwan's significant role in the global semiconductor industry means that demand fluctuations in this sector can impact the TWD.

4. Geopolitical Events: Political developments, trade agreements, and international relations can lead to market uncertainties, affecting currency valuations.

Implications for Stakeholders

The depreciation of the INR against the TWD has several implications:

• Importers and Exporters: Indian importers from Taiwan may face higher costs, while exporters to Taiwan could find their goods more competitively priced.

• Investors: Currency fluctuations can impact returns on investments denominated in these currencies.

• Travelers and Remittances: Individuals traveling between India and Taiwan or sending remittances may experience changes in the value received due to exchange rate movements.

Conclusion

The INR/TWD exchange rate has shown a significant downward trend over the past six months, influenced by a combination of economic indicators, monetary policies, global market dynamics, and geopolitical events. Stakeholders should closely monitor these factors to make informed decisions in the context of currency fluctuations.