Exchange Rate Calculator

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

Recent Exchange Rate Trends

In 2025, the TWD/MXN exchange rate has experienced significant variability:

• Highest Rate: On May 5, 2025, the exchange rate peaked at 1 TWD = 0.6747 MXN.

• Lowest Rate: The lowest point was recorded on April 25, 2025, with 1 TWD equating to 0.5992 MXN.

• Average Rate: Throughout this period, the average exchange rate was approximately 1 TWD = 0.6213 MXN.

These figures indicate a general appreciation of the TWD against the MXN in 2025. Specifically, the TWD/MXN rate increased by approximately 0.30% during this period, suggesting a strengthening of the Taiwan Dollar relative to the Mexican Peso. (exchange-rates.org)

Comparative Analysis with Previous Years

To contextualize the 2025 trends, it's insightful to compare them with data from prior years:

• 2024: The TWD/MXN exchange rate ranged from a low of 0.5086 MXN on April 8 to a high of 0.6373 MXN on November 26, with an average rate of 0.5699 MXN. This represents an 11.55% increase over the year, indicating a stronger TWD relative to the MXN. (exchange-rates.org)

• 2022: In April 2022, the exchange rate fluctuated between 0.681 MXN and 0.696 MXN, with a notable peak of 0.750 MXN on March 9. (freecurrencyrates.com)

These historical data points reveal that while the TWD has generally appreciated against the MXN over the past few years, the rate of appreciation has varied, with 2024 experiencing a more pronounced increase compared to the more modest rise observed in 2025.

Factors Influencing the Exchange Rate

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

1. Economic Indicators: Differences in GDP growth rates, inflation levels, and interest rates between Taiwan and Mexico can influence currency valuations. For instance, if Taiwan's economy grows at a faster pace than Mexico's, the TWD may strengthen relative to the MXN.

2. Trade Relations: The trade balance between the two countries affects demand for each other's currencies. A trade surplus in Taiwan's favor would increase demand for the TWD, potentially appreciating its value against the MXN.

3. Political Stability: Political events, such as elections or policy changes, can impact investor confidence and currency strength. Political instability in either country may lead to currency depreciation.

4. Global Economic Conditions: External factors, including global commodity prices and economic downturns, can influence exchange rates. For example, fluctuations in oil prices can affect Mexico's economy, given its status as an oil exporter, thereby impacting the MXN.

Implications for Stakeholders

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

• Businesses: Companies engaged in trade between Taiwan and Mexico 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 MXN. Investors should consider exchange rate trends when making investment decisions.

• Travelers: Individuals traveling between Taiwan and Mexico should be aware of exchange rate trends to budget appropriately and maximize the value of their money.

Conclusion

The TWD/MXN exchange rate has shown a general trend of TWD appreciation against the MXN over the past few years, with varying rates of increase. In 2025, the appreciation has been more modest compared to 2024. Various economic, political, and global factors contribute to these fluctuations. Stakeholders should remain vigilant and consider these dynamics in their financial planning and decision-making processes.