Exchange Rate Calculator

The exchange rate between the New Taiwan Dollar (TWD) and the Indian Rupee (INR) has exhibited notable fluctuations over the past few months. This report provides an analysis of the TWD/INR exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

January 2025:
- Opening Rate (January 1): 2.6127 INR per TWD
- Lowest Rate (January 10): 2.6032 INR per TWD
- Highest Rate (January 22): 2.6498 INR per TWD
- Closing Rate (January 31): 2.6316 INR per TWD

Throughout January, the TWD/INR exchange rate experienced a gradual increase, with a notable peak on January 22. The overall trend for the month was upward, with the exchange rate rising by approximately 0.73% from the beginning to the end of the month. (exchange-rates.org)

February 2025:
- Opening Rate (February 1): 2.6353 INR per TWD
- Highest Rate (February 7): 2.6730 INR per TWD
- Lowest Rate (February 21): 2.6427 INR per TWD
- Closing Rate (February 28): 2.6557 INR per TWD

February saw the TWD/INR exchange rate reaching its highest point on February 7, marking a significant appreciation of the TWD against the INR. The month concluded with the exchange rate at 2.6557, reflecting a continued upward trend. (exchange-rates.org)

March 2025:
- Opening Rate (March 1): 2.6571 INR per TWD
- Highest Rate (March 4): 2.6604 INR per TWD
- Lowest Rate (March 21): 2.6043 INR per TWD
- Closing Rate (March 21): 2.6043 INR per TWD

In March, the exchange rate exhibited a downward trend, with the TWD depreciating against the INR. The rate declined from 2.6571 on March 1 to 2.6043 by March 21, indicating a reversal of the previous months' appreciation. (investing.com)

Factors Influencing Exchange Rate Movements

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

1. Economic Indicators:

   • Taiwan: Strong export performance and robust GDP growth can bolster the TWD.
   • India: Inflation rates, trade balances, and economic reforms influence the INR's strength.

2. Monetary Policies:

   • Decisions by the central banks of Taiwan and India regarding interest rates and monetary policies directly impact currency valuations.

3. Global Market Sentiment:

   • Investor confidence, geopolitical events, and global economic conditions can lead to capital flows that affect exchange rates.

4. Trade Relations:

   • Bilateral trade volumes and agreements between Taiwan and India can influence demand for each other's currencies.

Comparative Analysis with Previous Years

Comparing the recent trends with previous years provides additional context:

• 2024:
  • Highest Rate: 2.7124 INR per TWD on January 1
  • Lowest Rate: 2.5487 INR per TWD on July 22
  • Average Rate: 2.6075 INR per TWD

The TWD/INR exchange rate in 2024 showed a general depreciation of the TWD against the INR, with a decline of approximately 3.68% over the year. (exchange-rates.org)

• 2023:
  • Highest Rate: 2.7612 INR per TWD
  • Lowest Rate: 2.5680 INR per TWD
  • Average Rate: 2.6520 INR per TWD

In 2023, the exchange rate exhibited higher volatility, with the TWD reaching its peak against the INR at 2.7612. (exchangerates.org.uk)

Conclusion

The TWD/INR exchange rate has experienced both appreciation and depreciation phases over the past few months, influenced by a complex interplay of economic indicators, monetary policies, and global market dynamics. While the TWD showed strength against the INR in early 2025, recent trends indicate a reversal, highlighting the importance of closely monitoring economic developments in both Taiwan and India to anticipate future exchange rate movements.