Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Taiwan Dollar (TWD) has experienced notable fluctuations over the past several months. Understanding these movements is essential for businesses, investors, and individuals engaged in trade or financial activities between New Zealand and Taiwan.

Recent Exchange Rate Trends

As of March 18, 2025, the NZD to TWD exchange rate stood at 1 NZD = 19.158347 TWD. This reflects a modest appreciation of the NZD against the TWD compared to earlier in the year.

In February 2025, the exchange rate reached its highest point for the year at 1 NZD = 18.875 TWD on February 20. The average exchange rate for February was 18.647 TWD, indicating a strengthening of the NZD during that month.

January 2025 saw the lowest exchange rate, with 1 NZD equaling 18.336 TWD on January 1. The average rate for January was 18.498 TWD, suggesting a weaker NZD at the start of the year.

Historical Context

Looking back to 2024, the NZD to TWD exchange rate exhibited a downward trend. The highest rate was 1 NZD = 20.168 TWD on September 24, 2024, while the lowest was 1 NZD = 18.733 TWD on December 13, 2024. The average exchange rate for 2024 was 19.461 TWD, indicating a depreciation of the NZD against the TWD over the year.

Factors Influencing the Exchange Rate

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

• Economic Indicators: Differences in GDP growth, inflation rates, and employment figures between New Zealand and Taiwan can impact their respective currencies.

• Interest Rates: Decisions by the Reserve Bank of New Zealand and the Central Bank of the Republic of China (Taiwan) regarding interest rates influence investor confidence and capital flows, affecting the exchange rate.

• Trade Balances: The trade relationship between the two countries, including export and import volumes, can cause shifts in currency demand and supply.

• Global Economic Conditions: External factors such as commodity prices, geopolitical events, and global financial market trends also play a role in currency valuation.

Implications for Stakeholders

For businesses engaged in trade between New Zealand and Taiwan, understanding these exchange rate trends is crucial for pricing strategies, cost management, and financial planning. Investors should consider these fluctuations when making decisions about currency exposure and international investments. Individuals remitting money or traveling between the two countries should also be aware of these trends to optimize their financial transactions.

Conclusion

The NZD/TWD exchange rate has shown variability over the past several months, influenced by a combination of domestic economic policies and global economic conditions. Staying informed about these factors can help stakeholders make more informed financial decisions.