Exchange Rate Calculator

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

Recent Exchange Rate Trends

In early 2025, the JPY/TWD exchange rate exhibited significant volatility. On January 7, 2025, the rate reached its lowest point at 0.2069 TWD per JPY. Subsequently, the Yen appreciated, peaking at 0.2321 TWD per JPY on April 22, 2025. The average exchange rate during this period was approximately 0.2145 TWD per JPY. (exchange-rates.org)

However, by June 27, 2025, the exchange rate declined to 0.2012 TWD per JPY, marking the lowest point for the year. (exchange-rates.org) This downward trend indicates a depreciation of the Yen against the Taiwan Dollar in the latter half of the period.

Technical Analysis

As of June 27, 2025, technical indicators provided a strong sell signal for the JPY/TWD pair:

• Relative Strength Index (RSI 14): 44.188, indicating a sell position.
• Stochastic Oscillator (9,6): 36.969, suggesting a sell condition.
• Moving Averages: All short-term and long-term moving averages (MA5, MA10, MA20, MA50, MA100, MA200) indicated a sell signal. (investing.com)

These indicators reflect a bearish sentiment in the market, suggesting potential for further depreciation of the Yen against the Taiwan Dollar.

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. (maybefinance.com)

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

Factors Influencing the Exchange Rate

Several factors have influenced the JPY/TWD exchange rate in recent months:

• Economic Policies: Japan's monetary policies, including interest rate decisions and quantitative easing measures, have impacted the Yen's value. Similarly, Taiwan's economic policies and trade balances have influenced the TWD.
• Global Economic Conditions: The global economic environment, including trade tensions and economic growth rates, has affected investor sentiment and currency valuations.
• Market Sentiment: Speculative activities and market perceptions have contributed to the volatility observed in the JPY/TWD exchange rate.

Conclusion

The JPY/TWD exchange rate has experienced significant fluctuations in 2025, with a notable depreciation of the Yen against the Taiwan Dollar in recent months. Technical indicators suggest a bearish trend, while future projections remain mixed. Investors should closely monitor economic policies, global economic conditions, and market sentiment to make informed decisions regarding this currency pair.