Exchange Rate Calculator

The exchange rate between the Taiwan Dollar (TWD) and the South African Rand (ZAR) has exhibited notable fluctuations over the past few months. This report provides an analysis of the TWD/ZAR exchange rate, examining historical trends, recent movements, and future projections.

Historical Exchange Rate Trends

Over the six-month period from January 2, 2025, to July 1, 2025, the TWD/ZAR exchange rate experienced significant variability:

• Highest Rate: 0.6263 ZAR per TWD on May 5, 2025.
• Lowest Rate: 0.5488 ZAR per TWD on March 19, 2025.
• Average Rate: 0.5782 ZAR per TWD over this period.

This data indicates a 5.55% appreciation of the Taiwan Dollar against the South African Rand during these six months. (exchange-rates.org)

Recent Exchange Rate Movements

In the most recent month, the TWD/ZAR exchange rate has shown the following daily closing rates:

• June 6, 2025: 0.5925 ZAR per TWD
• June 5, 2025: 0.5912 ZAR per TWD
• June 4, 2025: 0.5955 ZAR per TWD
• June 3, 2025: 0.5954 ZAR per TWD
• June 2, 2025: 0.5964 ZAR per TWD

These figures suggest a relatively stable exchange rate with minor daily fluctuations. (investing.com)

Technical Analysis

Technical indicators provide insights into the current market sentiment for the TWD/ZAR currency pair:

• Relative Strength Index (RSI): The 14-day RSI is at 50.934, indicating a neutral market sentiment.
• Moving Averages:
  • 5-day Simple Moving Average (SMA): 0.6129 ZAR per TWD (Sell signal)
  • 10-day SMA: 0.6123 ZAR per TWD (Buy signal)
  • 20-day SMA: 0.6145 ZAR per TWD (Sell signal)
  • 50-day SMA: 0.6102 ZAR per TWD (Buy signal)
  • 100-day SMA: 0.6065 ZAR per TWD (Buy signal)
  • 200-day SMA: 0.6079 ZAR per TWD (Buy signal)

The mixed signals from these indicators suggest a cautious market outlook, with a slight inclination towards a bullish trend in the longer term. (uk.investing.com)

Forecasts and Projections

Various financial analysts and forecasting models provide the following projections for the TWD/ZAR exchange rate:

• Next 6 Months: An anticipated increase of 8.60%, reaching approximately 0.6465 ZAR per TWD.
• Next 1 Year: A projected rise of 15.10%, resulting in an exchange rate of around 0.6852 ZAR per TWD.
• Next 5 Years: An expected increase of 9.66%, with the exchange rate reaching approximately 0.6528 ZAR per TWD. (coincodex.com)

These projections indicate a bullish outlook for the Taiwan Dollar against the South African Rand in the medium to long term.

Factors Influencing the Exchange Rate

Several factors can impact the TWD/ZAR exchange rate:

• Economic Indicators: GDP growth, inflation rates, and interest rates in both Taiwan and South Africa can influence the exchange rate.
• Geopolitical Events: Elections, trade agreements, and political stability in both countries can affect investor confidence and currency values.
• Central Bank Policies: Decisions regarding interest rates and monetary policies by the central banks of Taiwan and South Africa can impact the exchange rate. (exchange-rates.org)

Conclusion

The TWD/ZAR exchange rate has shown significant fluctuations over the past six months, with a general trend of appreciation for the Taiwan Dollar against the South African Rand. Technical indicators present a mixed but slightly bullish outlook, and forecasts suggest continued appreciation of the TWD in the coming months and years. Investors should monitor economic indicators, geopolitical events, and central bank policies in both countries, as these factors will continue to influence the exchange rate dynamics.