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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
57.04 NZD
Exchange Rate
as of July 05, 2025 at 6:26 AM
1 TWD =
0.06 NZD
Market analysis of TWD to NZD currency exchange rates
Analysis as of April 2025
The exchange rate between the Taiwan Dollar (TWD) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past few months. Understanding these movements requires an examination of recent trends, underlying economic factors, and potential future developments.
Recent Exchange Rate Trends
From January 1, 2025, to June 30, 2025, the TWD/NZD exchange rate experienced significant variability. The highest rate during this period was 0.057498 NZD per TWD on May 5, 2025, while the lowest was 0.051362 NZD per TWD on April 21, 2025. The average exchange rate over these six months was approximately 0.054160 NZD per TWD. (exchangerates.org.uk)
In March 2025, the exchange rate ranged from a low of 0.05199 NZD to a high of 0.05410 NZD, with an average of 0.05293 NZD per TWD. (exchange-rates.org) April 2025 saw a slight decrease, with the rate fluctuating between 0.051362 NZD and 0.05295 NZD, averaging 0.05270 NZD per TWD. May 2025 marked a peak, reaching 0.057498 NZD per TWD on May 5, before stabilizing around 0.055842 NZD by mid-May. (exchangerates.org.uk)
Economic Factors Influencing the Exchange Rate
Several economic indicators have influenced the TWD/NZD exchange rate:
Interest Rates: Differences in interest rates between Taiwan and New Zealand can attract investors to the currency offering higher returns, affecting demand and exchange rates.
Trade Balances: Taiwan's strong export sector, particularly in technology, can bolster the TWD. Conversely, New Zealand's economy, heavily reliant on agriculture and tourism, can see its currency impacted by global commodity prices and travel trends.
Economic Growth: Robust economic performance in either country can strengthen its currency. For instance, if Taiwan's economy grows faster than New Zealand's, the TWD may appreciate against the NZD.
Inflation Rates: Lower inflation in Taiwan compared to New Zealand can increase the TWD's purchasing power, leading to appreciation against the NZD.
Geopolitical and External Influences
Geopolitical events and external factors also play a role in currency fluctuations:
Global Trade Dynamics: Trade tensions or agreements involving major economies can indirectly affect both Taiwan and New Zealand, influencing their currencies.
Commodity Prices: New Zealand's economy is sensitive to global dairy and meat prices. A decline in these commodities can weaken the NZD, affecting the TWD/NZD exchange rate.
Tourism Trends: New Zealand's tourism sector significantly impacts its economy. Changes in global travel patterns, such as those caused by pandemics or economic downturns, can influence the NZD.
Future Outlook
Predicting future exchange rate movements involves considering various factors:
Monetary Policies: Any changes in the monetary policies of Taiwan's Central Bank or the Reserve Bank of New Zealand, especially regarding interest rates, can influence the exchange rate.
Economic Performance: Continued economic growth in Taiwan's technology sector or recovery in New Zealand's tourism industry could impact their respective currencies.
Global Economic Conditions: Global economic stability, trade agreements, and commodity price trends will also play crucial roles in determining the TWD/NZD exchange rate.
In conclusion, the TWD/NZD exchange rate has shown considerable variability in recent months, influenced by a complex interplay of economic indicators, geopolitical events, and external factors. Staying informed about these elements is essential for anticipating future movements in this currency pair.