Exchange Rate Calculator

The exchange rate between the Taiwan Dollar (TWD) and the Canadian Dollar (CAD) has experienced notable fluctuations over the past few months. Understanding these movements is essential for businesses, investors, and individuals engaged in transactions between Taiwan and Canada. This report provides a detailed analysis of the TWD/CAD exchange rate trends from January to June 2025, highlighting key factors influencing these changes.

Overview of TWD/CAD Exchange Rate Movements

Between January 1 and June 30, 2025, the TWD/CAD exchange rate exhibited both upward and downward trends. The highest exchange rate was recorded on May 5, 2025, at 0.04736 CAD per TWD, while the lowest was on April 22, 2025, at 0.04251 CAD per TWD. The average exchange rate during this period was approximately 0.04430 CAD per TWD. (exchange-rates.org)

Monthly Breakdown of Exchange Rate Trends

January 2025:

The exchange rate in January remained relatively stable, fluctuating between 0.04334 CAD and 0.04414 CAD per TWD. The average rate for the month was 0.04381 CAD per TWD. (exchange-rates.org)

February 2025:

February saw minor fluctuations, with the exchange rate ranging from 0.04333 CAD to 0.04394 CAD per TWD. The average rate for the month was 0.04356 CAD per TWD. (exchange-rates.org)

March 2025:

In March, the exchange rate experienced slight volatility, reaching a high of 0.04401 CAD per TWD on March 3 and a low of 0.04319 CAD per TWD on March 25. The average rate for the month was 0.04354 CAD per TWD. (exchange-rates.org)

April 2025:

April marked a period of decline, with the exchange rate dropping to its lowest point of 0.04251 CAD per TWD on April 22. The average rate for the month was 0.04280 CAD per TWD. (exchange-rates.org)

May 2025:

May experienced a significant surge, peaking at 0.04736 CAD per TWD on May 5. The average rate for the month was 0.04591 CAD per TWD. (exchange-rates.org)

June 2025:

In June, the exchange rate stabilized, fluctuating around 0.0457 CAD per TWD. The average rate for the month was approximately 0.0457 CAD per TWD. (exchange-rates.org)

Factors Influencing Exchange Rate Fluctuations

Several factors contributed to the observed fluctuations in the TWD/CAD exchange rate during this period:

1. Economic Indicators:

Economic performance indicators such as GDP growth, inflation rates, and employment figures in both Taiwan and Canada influenced investor confidence and currency valuations.

1. Interest Rate Differentials:

Decisions by the central banks of Taiwan and Canada regarding interest rates affected capital flows, as investors sought higher returns, impacting the exchange rate.

1. Trade Balances:

The trade balance between Taiwan and Canada, including export and import volumes, played a role in currency demand and supply dynamics.

1. Global Economic Events:

Global events, such as changes in commodity prices, geopolitical tensions, and international trade agreements, also had indirect effects on the exchange rate.

Implications for Stakeholders

Understanding the TWD/CAD exchange rate trends is crucial for various stakeholders:

• Businesses: Companies engaged in import and export activities between Taiwan and Canada need to monitor exchange rate movements to manage costs and pricing strategies effectively.

• Investors: Currency fluctuations can impact the returns on investments denominated in foreign currencies, making it essential for investors to consider exchange rate risks.

• Travelers: Individuals traveling between Taiwan and Canada should be aware of exchange rate trends to budget their expenses accurately.

Conclusion

The TWD/CAD exchange rate from January to June 2025 exhibited notable fluctuations influenced by various economic factors. Staying informed about these trends and understanding the underlying causes can help businesses, investors, and individuals make informed decisions in their financial and economic activities.