Exchange Rate Calculator

The exchange rate between the New Taiwan Dollar (TWD) and Bitcoin (BTC) has experienced notable fluctuations over the past few months, reflecting the inherent volatility of the cryptocurrency market. As of May 3, 2025, 1 TWD is equivalent to approximately 0.000000361 BTC, translating to 1 BTC being valued at around NT$2,766,862.56.

Recent Exchange Rate Trends

In the week leading up to March 19, 2025, the TWD/BTC exchange rate exhibited daily fluctuations. On March 19, 1 BTC was valued at NT$2,763,420, marking a 1.5% increase from the previous day. The highest value during this period was NT$2,779,947 on March 16, while the lowest was NT$2,674,917 on March 14.

Monthly Exchange Rate Movements

Over the past month, Bitcoin's value in TWD has shown a downward trend. For instance, on March 21, 2025, 1 TWD was equivalent to 0.0000003597 BTC, reflecting a 1.14% increase over 24 hours but an 11.58% decrease over the preceding 30 days.

Historical Context

Comparing current rates to previous years highlights Bitcoin's significant appreciation against the TWD. In October 2021, 1 TWD was equivalent to approximately 0.0000006 BTC, whereas in October 2020, the rate was around 0.0000026 BTC. This trend underscores Bitcoin's substantial growth over the years.

Factors Influencing the Exchange Rate

Several factors contribute to the volatility of the TWD/BTC exchange rate:

• Market Demand and Supply: Bitcoin's price is heavily influenced by market demand and supply dynamics. Increased adoption and investment can drive prices up, while sell-offs can lead to declines.

• Regulatory Developments: Changes in cryptocurrency regulations, both globally and within Taiwan, can impact investor sentiment and, consequently, the exchange rate.

• Economic Indicators: Macroeconomic factors, such as inflation rates, interest rates, and economic growth, can affect both the TWD and BTC, influencing their relative value.

• Technological Advancements: Developments in blockchain technology and Bitcoin's infrastructure can enhance its utility and appeal, affecting its valuation.

Conclusion

The TWD/BTC exchange rate has demonstrated significant volatility over the past few months, influenced by a combination of market dynamics, regulatory changes, economic indicators, and technological advancements. Investors and stakeholders should remain vigilant, staying informed about these factors to navigate the cryptocurrency market effectively.