Exchange Rate Calculator

The exchange rate between the New Taiwan Dollar (TWD) and the Swedish Krona (SEK) has experienced notable fluctuations over the past several months. This report provides an analysis of the TWD/SEK exchange rate trends, key influencing factors, and potential implications for stakeholders.

Recent Exchange Rate Trends

Between September 2024 and February 2025, the TWD/SEK exchange rate exhibited a range of movements:

• Highest Rate: On December 25, 2024, the exchange rate peaked at 1 TWD = 0.3409 SEK.

• Lowest Rate: The lowest point was recorded on September 24, 2024, with 1 TWD equating to 0.3174 SEK.

• Average Rate: Over this period, the average exchange rate was approximately 1 TWD = 0.3313 SEK.

In early 2025, the exchange rate remained relatively stable:

• January 2025: The rate fluctuated between 0.3374 SEK and 0.3395 SEK per TWD.

• February 2025: The rate experienced a slight decline, with 1 TWD equal to 0.3247 SEK by February 27, 2025.

Factors Influencing the TWD/SEK Exchange Rate

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

1. Economic Indicators: Differences in GDP growth, inflation rates, and interest rates between Taiwan and Sweden can impact their respective currencies' strength. For instance, if Taiwan's economy grows faster than Sweden's, the TWD may appreciate against the SEK.

2. Geopolitical Events: Political stability, trade agreements, and international relations influence investor confidence and currency valuations. Any significant political developments in either country can lead to exchange rate volatility.

3. Central Bank Policies: Decisions by the Central Bank of the Republic of China (Taiwan) and the Sveriges Riksbank (Sweden's central bank) regarding interest rates and monetary policies directly affect currency values. Divergent monetary policies can lead to capital flows that impact the exchange rate.

Implications for Stakeholders

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

• Businesses: Companies engaged in trade between Taiwan and Sweden must monitor exchange rate trends to manage costs and pricing strategies effectively. Currency fluctuations can impact profit margins and competitiveness.

• Investors: Those holding assets denominated in TWD or SEK should consider exchange rate movements when assessing investment returns and risks. Currency appreciation or depreciation can significantly affect the value of foreign investments.

• Travelers: Individuals traveling between Taiwan and Sweden should be aware of exchange rate trends to budget appropriately and optimize currency exchanges.

Conclusion

The TWD/SEK exchange rate has shown variability over the past several months, influenced by economic indicators, geopolitical events, and central bank policies. Stakeholders should stay informed about these factors to make strategic decisions in business, investment, and travel.