Exchange Rate Calculator

The exchange rate between the Japanese Yen (JPY) 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 projections for the JPY/TWD currency pair.

Recent Exchange Rate Trends

In early 2025, the JPY/TWD exchange rate experienced significant volatility. On January 7, 2025, the rate reached its lowest point at 0.2070 TWD per JPY. Subsequently, the Yen appreciated, peaking at 0.2236 TWD per JPY on March 10, 2025. The average exchange rate during this period was approximately 0.2146 TWD per JPY.

Technical Analysis

As of February 26, 2025, technical indicators provided mixed signals for the JPY/TWD pair:

• Relative Strength Index (RSI 14): 47.502, indicating a neutral position.
• Stochastic Oscillator (9,6): 15.531, suggesting the pair was in an oversold condition.
• Moving Averages: Short-term moving averages (MA5, MA10, MA20) indicated a sell signal, while longer-term moving averages (MA50, MA100, MA200) suggested a buy signal.

These indicators reflect a period of consolidation, with potential for both upward and downward movements.

Forecasts and Projections

Future projections for the JPY/TWD exchange rate vary among different sources:

• Gov.Capital Forecast: Predicts a decline to 0.208491 TWD per JPY by March 18, 2026, representing a decrease of approximately 3.82% from the current rate.
• Mid Forex Forecast: Projects a gradual appreciation, with an average rate of 0.2299 TWD per JPY by the end of 2025 and 0.2324 TWD per JPY by the end of 2026.

These differing forecasts highlight the uncertainty and complexity inherent in currency exchange rate predictions.

Factors Influencing the JPY/TWD Exchange Rate

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

• Economic Indicators: Differences in GDP growth rates, inflation, and employment statistics between Japan and Taiwan can influence currency valuations.
• Monetary Policies: Decisions by the Bank of Japan and the Central Bank of the Republic of China (Taiwan) regarding interest rates and monetary easing or tightening directly impact currency strength.
• Trade Balances: The trade relationship between Japan and Taiwan, including export and import volumes, affects demand for each country's currency.
• Global Economic Events: Geopolitical tensions, global financial crises, and changes in commodity prices can lead to shifts in investor sentiment and currency flows.

Conclusion

The JPY/TWD exchange rate has shown considerable variability in recent months, influenced by a complex interplay of technical factors and economic fundamentals. While some forecasts anticipate a depreciation of the Yen against the Taiwan Dollar, others suggest a potential appreciation. Investors and businesses engaged in transactions involving these currencies should closely monitor economic indicators and central bank policies in both Japan and Taiwan to make informed decisions.