Exchange Rate Calculator

The exchange rate between the New Taiwan Dollar (TWD) and the Indian Rupee (INR) has exhibited notable fluctuations over the past several months. Understanding these movements is essential for businesses and individuals engaged in trade, investment, or travel between Taiwan and India.

Recent Exchange Rate Trends

As of May 3, 2025, the TWD/INR exchange rate stands at approximately 1 TWD to 2.6148 INR. This rate reflects a slight depreciation from the peak observed earlier in the year.

February 2025:

• Highest Rate: On February 7, 2025, the exchange rate reached its highest point in recent months at 1 TWD to 2.6730 INR.

• Average Rate: Throughout February, the average exchange rate was approximately 1 TWD to 2.6526 INR.

• Lowest Rate: The lowest rate during this month was 1 TWD to 2.6353 INR on February 3, 2025.

January 2025:

• Highest Rate: The peak rate in January was 1 TWD to 2.6498 INR.

• Average Rate: The average exchange rate for January was around 1 TWD to 2.6259 INR.

• Lowest Rate: The lowest rate recorded was 1 TWD to 2.6032 INR on January 10, 2025.

December 2024:

• Highest Rate: In December, the highest exchange rate was 1 TWD to 2.6167 INR on December 5, 2024.

• Average Rate: The average rate for the month was approximately 1 TWD to 2.61 INR.

• Lowest Rate: The lowest rate observed was 1 TWD to 2.59 INR on December 3, 2024.

Factors Influencing Exchange Rate Movements

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

1. Economic Indicators:

• Taiwan: Taiwan's robust export-driven economy, particularly in the technology sector, has bolstered the TWD. Strong GDP growth and low unemployment rates have further strengthened the currency.

• India: India's economy has experienced steady growth, but challenges such as inflation and fiscal deficits have occasionally put pressure on the INR.

1. Monetary Policies:

• Central Bank Actions: Decisions by the Central Bank of the Republic of China (Taiwan) and the Reserve Bank of India regarding interest rates and monetary policies have directly impacted the exchange rate. For instance, interest rate hikes in Taiwan can attract foreign investment, increasing demand for the TWD.

1. Trade Relations:

• Bilateral Trade: The trade balance between Taiwan and India influences currency demand. A trade surplus in favor of Taiwan increases demand for the TWD, while a surplus for India boosts demand for the INR.

1. Global Economic Conditions:

• Market Sentiment: Global events, such as changes in oil prices, geopolitical tensions, and economic policies in major economies like the United States and China, can affect investor confidence and influence currency movements.

Implications for Stakeholders

Understanding the TWD/INR exchange rate dynamics is crucial for various stakeholders:

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

• Investors: Currency fluctuations can impact the returns on investments denominated in TWD or INR. Investors should consider hedging strategies to mitigate potential risks.

• Travelers: Individuals traveling between the two countries should be aware of exchange rate trends to budget their expenses accurately.

Conclusion

The TWD/INR exchange rate has experienced moderate fluctuations over the past few months, influenced by economic indicators, monetary policies, trade relations, and global economic conditions. Staying informed about these factors can help businesses, investors, and travelers make informed decisions in their financial planning and operations.