Exchange Rate Calculator

The exchange rate between the New Taiwan Dollar (TWD) and the Singapore Dollar (SGD) has experienced notable fluctuations over the past few months. Understanding these movements is essential for businesses and individuals engaged in trade, investment, or travel between Taiwan and Singapore.

Recent Exchange Rate Trends

In 2025, the TWD/SGD exchange rate has shown a general upward trend. The highest rate recorded was 0.04422 SGD per TWD on May 5, 2025, while the lowest was 0.04020 SGD per TWD on April 21, 2025. The average exchange rate over this period was approximately 0.04159 SGD per TWD. (exchange-rates.org)

In June 2025, the exchange rate fluctuated between 0.04280 and 0.04435 SGD per TWD. For instance, on June 30, 2025, the rate was 0.04357 SGD per TWD, reflecting a slight decrease from the previous day's 0.04383 SGD per TWD. (investing.com)

Factors Influencing the Exchange Rate

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

• Economic Performance: Taiwan's robust export-driven economy, particularly in the technology sector, has bolstered the TWD. Conversely, Singapore's status as a global financial hub and its diversified economy have influenced the SGD.

• Monetary Policies: The monetary policies of the Central Bank of the Republic of China (Taiwan) and the Monetary Authority of Singapore play crucial roles. Interest rate adjustments and other policy measures can impact currency strength.

• Global Market Sentiment: Investor sentiment, influenced by global economic conditions, trade relations, and geopolitical events, affects demand for both currencies.

Historical Context

Comparing recent trends to previous years provides additional insight. In 2022, the TWD/SGD exchange rate ranged from 0.0437 to 0.0493 SGD per TWD, with an average of 0.0464 SGD per TWD. (exchangerates.org.uk) This indicates a slight depreciation of the TWD against the SGD in 2025 compared to 2022.

Implications for Stakeholders

Understanding these exchange rate dynamics is vital for various stakeholders:

• Businesses: Companies engaged in import and export between Taiwan and Singapore need to consider exchange rate trends for pricing, cost management, and financial planning.

• Investors: Currency fluctuations can impact the returns on investments denominated in TWD or SGD.

• Travelers: Individuals traveling between the two countries should be aware of exchange rate trends to budget effectively.

Conclusion

The TWD/SGD exchange rate has exhibited variability over the past few months, influenced by economic performance, monetary policies, and global market sentiment. Staying informed about these factors is essential for making strategic decisions related to trade, investment, and travel between Taiwan and Singapore.