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Currency.Wiki
Updated 34 seconds ago
 TWD =
    CNY
 New Taiwan Dollar =  Chinese Yuan
Trending: NT$ exchange rates for the last 24 hours
  • TWD/USD 0.030437 -0.00076548
  • TWD/EUR 0.029307 0.00040339
  • TWD/JPY 4.662684 -0.11687160
  • TWD/GBP 0.024387 0.00035426
  • TWD/CHF 0.027541 0.00030787
  • TWD/MXN 0.624328 0.00632659
  • TWD/INR 2.653911 0.02331612
  • TWD/BRL 0.175276 -0.00234559
  • TWD/CNY 0.221613 -0.00127060

TWD/CNY exchange rate analysis over the past 90 days

New Taiwan Dollar to Chinese Yuan exchange rate: Over the last 90 days, the New Taiwan Dollar weakened by -0.57% against the Chinese Yuan, declining from CN¥0.2229 to CN¥0.2216 per New Taiwan Dollar. This trend reflects the evolving economic dynamics between the Taiwan and the China. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Taiwan and China.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Taiwan and China.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Taiwan or China.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Taiwan relative to the China.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

NT$

New Taiwan Dollar Currency

Country: Taiwan

Symbol: NT$

ISO Code: TWD

Bank: Central Bank of the Republic of China

Interesting fact about New Taiwan Dollar

The New Taiwan Dollar (TWD) is the currency of Taiwan. It was introduced in 1949 and is issued by the Central Bank of the Republic of China (Taiwan). The TWD holds significant importance in Taiwan's economic and financial sectors, serving as a stable medium of exchange and store of value. Its value is influenced by various factors, including domestic and international economic conditions.

CN¥

Chinese Yuan Currency

Country: China

Symbol: CN¥

ISO Code: CNY

Bank: People's Bank of China

Interesting fact about Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, issued by the People's Bank of China. It was first introduced in 1948 and has since undergone several reforms to become more market-oriented. The Yuan is significant in China as it plays a crucial role in the country's economic growth and global trade, and it serves as a symbol of China's economic power and influence in the international marketplace.

Quick Conversion Guide

Frequently Asked Questions

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The New Taiwan Dollar to Chinese Yuan exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 TWD to CNY is CN¥0.22.
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Yes, our site provides historical charts that show the trends and fluctuations in the New Taiwan Dollar to Chinese Yuan exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.