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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
29.20 EUR
Exchange Rate
as of June 14, 2025 at 2:29 AM
1 TWD =
0.03 EUR
Market analysis of TWD to EUR currency exchange rates
Analysis as of April 2025
The exchange rate between the New Taiwan Dollar (TWD) and the Euro (EUR) has experienced notable fluctuations over the past few months. Understanding these trends is essential for businesses, investors, and individuals engaged in transactions involving these currencies.
Recent Exchange Rate Trends
In early 2025, the TWD/EUR exchange rate reached its peak on January 2, with 1 TWD equating to €0.02961. Following this, the rate exhibited a downward trend, hitting its lowest point on March 18 at €0.02770 per TWD. This decline represents a depreciation of approximately 6.07% over this period. (exchange-rates.org)
Throughout March 2025, the exchange rate remained relatively stable, fluctuating between €0.02770 and €0.02896. By the end of March, the rate was €0.02775, indicating a slight recovery from the month's low. (investing.com)
Forecasts for the Coming Months
Looking ahead, various financial analysts and forecasting platforms have provided projections for the TWD/EUR exchange rate:
- CoinCodex predicts a gradual decrease in the TWD/EUR rate over the next few months. Their forecasts are as follows:
- 5-Day Prediction: €0.028393
- 1-Month Prediction: €0.027391
- 3-Month Prediction: €0.026204
- 6-Month Prediction: €0.024973
- 1-Year Prediction: €0.024914
- 2025 Prediction: €0.026187
- 2030 Prediction: €0.021575
These projections suggest a bearish outlook for the TWD/EUR exchange rate, with a potential decline of approximately 11.24% over the next year. (coincodex.com)
- Midforex offers a more optimistic forecast, anticipating a slight appreciation of the TWD against the EUR. Their annual average rate predictions are:
- 2025: €0.0287
- 2026: €0.0290
- 2027: €0.0294
- 2028: €0.0298
- 2029: €0.0304
- 2030: €0.0306
These figures indicate a gradual strengthening of the TWD against the EUR over the next five years. (midforex.com)
Factors Influencing the Exchange Rate
Several factors can influence the TWD/EUR exchange rate:
Economic Indicators: Differences in economic growth rates, inflation, and employment figures between Taiwan and the Eurozone can impact currency values.
Monetary Policies: Decisions by the Central Bank of the Republic of China (Taiwan) and the European Central Bank regarding interest rates and monetary policies can affect the exchange rate.
Trade Balances: Taiwan's trade surplus or deficit with Eurozone countries can influence demand for each currency.
Political Stability: Political events and stability in either region can lead to fluctuations in investor confidence and currency values.
Global Market Sentiment: Global economic conditions and investor sentiment can lead to shifts in currency demand and supply.
Implications for Stakeholders
For businesses engaged in trade between Taiwan and Eurozone countries, understanding these exchange rate trends is crucial for pricing strategies, budgeting, and financial planning. Investors should consider these forecasts when making decisions related to currency exposure and international investments. Individuals planning to travel or remit money between these regions should also be aware of potential currency fluctuations to optimize their financial transactions.
Conclusion
The TWD/EUR exchange rate has shown variability in recent months, with forecasts indicating potential trends in both directions. Staying informed about economic indicators, monetary policies, and global events will be essential for stakeholders to navigate this dynamic currency pair effectively.