Exchange Rate Calculator

The exchange rate between the New Taiwan Dollar (TWD) and the Chinese Yuan Renminbi (CNY) has exhibited notable fluctuations over the past few months. Understanding these movements is crucial for businesses and investors engaged in cross-strait economic activities.

Recent Exchange Rate Trends

Between September 18, 2024, and March 17, 2025, the TWD/CNY exchange rate experienced a decline of approximately 0.76%, indicating a slight depreciation of the TWD relative to the CNY. During this period, the highest exchange rate was 0.2248 CNY per TWD on December 5, 2024, while the lowest was 0.2181 CNY per TWD on February 3, 2025. (exchange-rates.org)

In January 2024, the exchange rate peaked at 0.2307 CNY per TWD on January 1, 2024, and reached its lowest point at 0.2255 CNY per TWD on January 18, 2024. (exchangerates.org.uk)

Factors Influencing the Exchange Rate

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

• Economic Indicators: Differences in GDP growth rates, inflation, and interest rates between Taiwan and China can influence currency valuations.

• Geopolitical Events: Political developments, trade policies, and cross-strait relations can impact investor confidence and currency stability.

• Central Bank Policies: Monetary policies, including interest rate adjustments and foreign exchange interventions by the central banks of Taiwan and China, play a significant role in currency valuation.

Implications for Stakeholders

The depreciation of the TWD against the CNY has several implications:

• Exporters: Taiwanese exporters may find their goods more competitively priced in the Chinese market, potentially boosting export volumes.

• Importers: Conversely, Taiwanese importers sourcing goods from China may face higher costs, which could affect profit margins.

• Investors: Currency fluctuations can impact the returns on investments denominated in either currency, necessitating careful risk management strategies.

Conclusion

The TWD/CNY exchange rate has shown a modest downward trend over the past few months, influenced by a combination of economic indicators, geopolitical events, and central bank policies. Stakeholders should monitor these factors closely to make informed decisions in the dynamic cross-strait economic environment.