The Taiwanese dollar depreciated to around 32.2 per US dollar, its weakest level since April 2025, pressured by a stronger US dollar and seasonal capital outflows. The decline erased the currency's gains from last year's rally, which was fueled by optimism over trade relations and strong technology-sector earnings. Selling pressure intensified as companies began distributing annual cash dividends, prompting foreign investors, who hold substantial stakes in Taiwanese chipmakers, to convert dividend proceeds into US dollars. This year's cash distributions are projected to exceed NT$2.5 trillion, the highest on record. Meanwhile, expectations that the Federal Reserve will keep interest rates higher for longer continued to support the US dollar, adding to downside pressure on Taiwan's currency.

The USD/TWD exchange rate rose to 32.1630 on July 9, 2026, up 0.36% from the previous session. Over the past month, the Taiwanese Dollar has weakened 1.51%, and is down by 9.99% over the last 12 months. Historically, the USDTWD reached an all time high of 35.28 in March of 2009. Taiwanese Dollar - data, forecasts, historical chart - was last updated on July 9 of 2026.

The USD/TWD exchange rate rose to 32.1630 on July 9, 2026, up 0.36% from the previous session. Over the past month, the Taiwanese Dollar has weakened 1.51%, and is down by 9.99% over the last 12 months. The Taiwanese Dollar is expected to trade at 31.80 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 31.37 in 12 months time.



Crosses Price Day Year Date
USDTWD 32.1630 0.1139 0.36% 9.99% Jul/09
EURTWD 36.7982 0.2080 0.57% 7.55% Jul/09
GBPTWD 43.1010 0.1924 0.45% 8.54% Jul/09
AUDTWD 22.3399 0.1318 0.59% 15.88% Jul/09
NZDTWD 18.5358 0.2742 1.50% 4.94% Jul/09
TWDJPY 5.0445 -0.0286 -0.56% 0.89% Jul/09
TWDCNY 0.2111 -0.0012 -0.58% -14.10% Jul/09
TWDCHF 0.0251 -0.0002 -0.64% -7.60% Jul/09
TWDCAD 0.0440 -0.0002 -0.45% -6.01% Jul/09
TWDMXN 0.5449 -0.0036 -0.66% -14.45% Jul/09
TWDINR 2.9843 0.0182 0.61% 1.41% Jul/08
TWDBRL 0.1606 -0.0004 -0.23% -14.16% Jul/08
TWDRUB 2.3960 0.0163 0.68% -11.11% Jul/08
TWDKRW 46.8771 -0.2578 -0.55% -0.36% Jul/08
TWDIDR 563.2374 4.7649 0.85% 0.82% Jul/08
TWDARS 46.4023 -0.0313 -0.07% 7.72% Jul/08
TWDCZK 0.6623 0.0013 0.20% -8.18% Jul/08
TWDDKK 0.2041 0.0003 0.14% -6.58% Jul/08
TWDHUF 9.8167 0.1192 1.23% -16.21% Jul/08
 Currencies
 TWD...
 ...TWD



Related Last Previous Unit Reference
Taiwan Inflation Rate 2.60 2.20 percent Jun 2026
United States Inflation Rate 4.20 3.80 percent May 2026
Taiwan Interest Rate 2.00 2.00 percent Jun 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026
Taiwan Unemployment Rate 3.32 3.34 percent May 2026

Taiwanese Dollar
The USDTWD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the TWD. While the USDTWD spot exchange rate is quoted and exchanged in the same day, the USDTWD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
32.16 32.05 35.28 24.42 1984 - 2026 Daily

News Stream
Taiwanese Dollar Hits Lowest in Over a Year
The Taiwanese dollar depreciated to around 32.2 per US dollar, its weakest level since April 2025, pressured by a stronger US dollar and seasonal capital outflows. The decline erased the currency's gains from last year's rally, which was fueled by optimism over trade relations and strong technology-sector earnings. Selling pressure intensified as companies began distributing annual cash dividends, prompting foreign investors, who hold substantial stakes in Taiwanese chipmakers, to convert dividend proceeds into US dollars. This year's cash distributions are projected to exceed NT$2.5 trillion, the highest on record. Meanwhile, expectations that the Federal Reserve will keep interest rates higher for longer continued to support the US dollar, adding to downside pressure on Taiwan's currency.
2026-07-09
Taiwanese Dollar Falls to 11-Month Low
The Taiwanese dollar fell past 31.7 per dollar in early March, marking its weakest level since May 2025, as heavy foreign selling of Taiwanese equities added pressure on the currency. Overseas investors recorded around NT$95 billion in net stock outflows on Tuesday, one of the largest withdrawals in more than a year, amplifying risk-off sentiment in both equity and FX markets. At the same time, rising geopolitical tensions in the Middle East boosted demand for the US dollar as a safe haven, while higher oil prices raised concerns about global inflation and the outlook for interest rates, weighing on Asian currencies more broadly. Short-term forwards for USD/TWD were reported above 32, suggesting market expectations of further downside pressure for the Taiwan dollar, while trading volumes surged to levels not seen in years as investors responded to heightened uncertainty.
2026-03-04
Taiwanese Dollar Slides Back to May Lows
The Taiwanese dollar fell past 31 per US dollar, returning to its lowest level since early May after sharp swings over the recent two sessions. The currency surged last week following a joint statement from Taiwan’s central bank and the US Treasury, which said they would refrain from intervening in exchange rates or the international monetary system to gain an unfair competitive advantage, and that FX intervention would be used only to manage volatility. In a separate statement, the central bank noted that the US did not request currency appreciation and that the joint statement is unrelated to ongoing tariff negotiations, dispelling speculation that authorities might allow the currency to strengthen to support a trade deal. Meanwhile, Taiwanese officials said talks with the US are nearing conclusion, with local media reporting that both sides have agreed to reduce the previously announced 20% reciprocal tariff.
2025-11-17