Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Taiwan Dollar (TWD) has exhibited notable fluctuations over the past several months. This report provides an analysis of the recent trends, underlying factors influencing these movements, and forecasts for the near future.

Recent Exchange Rate Trends

As of July 3, 2025, the NZD/TWD exchange rate stands at approximately 17.80. Over the past six months, the exchange rate has experienced significant volatility:

• High: 19.470 TWD per NZD on April 21, 2025.
• Low: 17.392 TWD per NZD on May 5, 2025.
• Average: 18.482 TWD per NZD over this period.

This represents a depreciation of approximately 4.66% in the NZD against the TWD over the six-month period. (exchange-rates.org)

Factors Influencing the Exchange Rate

Several factors have contributed to the observed fluctuations in the NZD/TWD exchange rate:

1. Economic Indicators:

   • New Zealand: The NZD is closely tied to the country's economic performance, particularly its commodity exports. Fluctuations in global commodity prices can significantly impact the NZD's value.
   • Taiwan: The TWD is influenced by Taiwan's robust technology sector and export-driven economy. Changes in global demand for technology products can affect the TWD's strength.

2. Geopolitical Events:

   • Trade tensions between major economies, such as the U.S. imposing tariffs on Taiwanese goods, can create uncertainty and impact the TWD. (bestexchangerates.com)
   • Geopolitical tensions in the Asia-Pacific region can influence investor sentiment, affecting both currencies.

3. Central Bank Policies:

   • Decisions by the Reserve Bank of New Zealand (RBNZ) and the Central Bank of the Republic of China (Taiwan) regarding interest rates and monetary policies play a crucial role in currency valuation. Divergent monetary policies can lead to capital flows that impact exchange rates.

Technical Analysis

As of May 30, 2025, technical indicators for the NZD/TWD pair suggested a "Strong Buy" signal:

• Moving Averages: 11 Buy signals and 1 Sell signal.
• Technical Indicators: 9 Buy signals, 1 Neutral, and 1 Sell signal.

These indicators suggest a bullish trend for the NZD against the TWD at that time. (investing.com)

Forecasts

Various forecasts provide insights into the potential future movements of the NZD/TWD exchange rate:

• Short-Term (Next 30 Days): The exchange rate is expected to average around 17.8144 TWD per NZD, with fluctuations between 17.8055 and 17.8233. (midforex.com)

• Medium-Term (September to December 2025):

  • September 2025: Projected to rise to 17.08 TWD per NZD, with a potential return of 3.44% for investors.
  • October 2025: Expected to trade between 16.48 and 17.65 TWD per NZD, with an average of 17.23.
  • November 2025: Forecasted to decrease to 16.19 TWD per NZD, with a potential gain of 8.01% if bought at current prices.
  • December 2025: Predicted to trade between 15.43 and 16.20 TWD per NZD, indicating a potential profit of 9.94% if sold at predicted rates. (coincodex.com)

These forecasts suggest a potential depreciation of the NZD against the TWD in the medium term.

Conclusion

The NZD/TWD exchange rate has shown considerable volatility over the past six months, influenced by economic indicators, geopolitical events, and central bank policies. While technical analysis as of late May 2025 indicated a bullish trend for the NZD, medium-term forecasts suggest a potential depreciation against the TWD. Investors and businesses engaged in transactions between New Zealand and Taiwan should closely monitor these factors and consider both technical indicators and fundamental analyses when making decisions.