Exchange Rate Calculator

The exchange rate between the Taiwan Dollar (TWD) and the New Zealand Dollar (NZD) has experienced notable fluctuations over the past several months. This report provides an analysis of the TWD/NZD exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

Over the six-month period from September 2024 to March 2025, the TWD/NZD exchange rate exhibited a general upward trend, indicating an appreciation of the Taiwan Dollar relative to the New Zealand Dollar. Key data points include:

• Highest Rate: On December 31, 2024, the exchange rate peaked at 1 TWD = 0.05458 NZD.

• Lowest Rate: The lowest rate during this period was recorded on September 24, 2024, at 1 TWD = 0.04958 NZD.

• Average Rate: The average exchange rate over these six months was approximately 1 TWD = 0.05282 NZD.

This data reflects a 5.63% increase in the TWD/NZD exchange rate over the specified period, suggesting a strengthening of the Taiwan Dollar against the New Zealand Dollar.

Monthly Breakdown

September 2024: The exchange rate began at around 1 TWD = 0.0506 NZD on September 16, 2024, and declined to its lowest point of 1 TWD = 0.04958 NZD on September 24, 2024.

December 2024: The exchange rate experienced a significant increase, reaching its peak of 1 TWD = 0.05458 NZD on December 31, 2024.

January 2025: The exchange rate remained relatively stable, with minor fluctuations around the 0.054 NZD mark.

February 2025: A slight decline was observed, with the rate reaching a low of 1 TWD = 0.05298 NZD on February 20, 2025.

March 2025: The exchange rate showed signs of recovery, with rates fluctuating between 1 TWD = 0.0521 NZD and 0.0534 NZD.

Factors Influencing the Exchange Rate

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

• Economic Indicators: Differences in economic performance, such as GDP growth rates, inflation, and employment figures between Taiwan and New Zealand, can influence currency valuations.

• Interest Rates: Diverging monetary policies and interest rate decisions by the central banks of Taiwan and New Zealand can affect investor confidence and capital flows, impacting the exchange rate.

• Trade Balances: The trade relationship between the two countries, including export and import volumes, can influence demand for each currency.

• Global Economic Conditions: External factors, such as global market trends, commodity prices, and geopolitical events, can also play a role in currency fluctuations.

Conclusion

The TWD/NZD exchange rate has demonstrated variability over the past several months, with a general trend of appreciation of the Taiwan Dollar against the New Zealand Dollar. Understanding the underlying economic factors and monitoring ongoing developments in both countries can provide valuable insights for anticipating future movements in this currency pair.