Japanese Yen to New Taiwan Dollar Conversion and Trends

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The Japanese Yen to New Taiwan Dollar conversion is a popular exchange rate that's often used for travel and business purposes. The exchange rate is subject to fluctuations, influenced by various economic and political factors.

In recent years, the Japanese Yen has been steadily declining against the New Taiwan Dollar, with a notable drop in 2020 due to the COVID-19 pandemic. This shift has resulted in a more favorable exchange rate for travelers and businesses.

The exchange rate is typically quoted as 1 JPY to 4.5 TWD, although it can vary depending on the current market conditions. It's essential to stay up-to-date with the latest exchange rates to make informed decisions about your finances.

Conversion Tools

To convert Japanese Yen to Taiwan Dollar, you can use a variety of conversion tools. The most common one is the exchange rate, which changes frequently due to factors like trade balances, interest rates, and economic growth in Taiwan and its trading partners.

Credit: youtube.com, taiwan currency converter

The exchange rate can be expressed using the formula: TWD = JPY × Exchange Rate. For example, if the exchange rate is 0.23, converting 1,000 JPY would yield 230 TWD.

Here's a conversion table to help you get an idea of the exchange rate:

Keep in mind that the exchange rate can fluctuate, so it's essential to check the current rate before making any conversions.

Currency Conversion

Currency conversion is a crucial aspect of international transactions. Understanding how to convert Japanese Yen (JPY) to Taiwan Dollars (TWD) is essential for anyone involved in global business or travel.

The exchange rate between JPY and TWD is subject to fluctuations and can vary depending on economic factors such as trade balances, interest rates, and economic growth in Taiwan and its trading partners.

To convert JPY to TWD, you can use the formula: TWD = JPY × Exchange Rate. For example, if the exchange rate is 0.23, converting 1,000 JPY would yield 230 TWD.

Credit: youtube.com, 3 Best Currency Converter Apps For Android

The current exchange rate is constantly changing, so it's essential to check the latest rates before making any transactions.

Here's a list of conversion rates for JPY to TWD:

You can also use a conversion table to find the equivalent value of JPY in TWD. For example, according to Example 6, 100 JPY is equivalent to 21.04818399949 TWD.

It's essential to stay informed about the fluctuations in these currencies to make educated decisions about your financial transactions.

When to Convert?

The best time to convert your money depends on your needs and the market conditions. The JPY and TWD can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

If you need TWD urgently, it's advisable to convert Japanese Yen to Taiwan Dollars early in the week. This is because forex markets are closed on weekends, and executing a trade late in the week might result in a delayed settlement until the following week.

The period between 3-4 PM GMT is often a good time to convert Japanese Yen to Taiwan Dollars. This is because currency market liquidity and trading volume tend to be the highest during this time.

Historical Data

Credit: youtube.com, Japanese Yen hits two-year low at just 0.236 against New Taiwanese Dollar

The historical data of the Japanese Yen to the Taiwan New Dollar exchange rate is quite interesting. In the last week, the rate has fluctuated, with the highest value on Sunday, January 12, 2025, at 0.21026638 TWD for 1 JPY.

Looking at the data, we can see that the exchange rate on Monday, January 13, 2025, was 0.20979611 TWD for 1 JPY, which is a decrease of 0.0004702648 from the previous day.

The exchange rate has also shown a decrease on Tuesday, January 7, 2025, to 0.20775925 TWD for 1 JPY, but the change is not specified.

Here is a summary of the exchange rate for the last week:

The JPY/TWD rate has been up by +1.91% in the last six months, which means the Japanese Yen has increased in value compared to the Taiwan Dollar.

Conversion Rates

The conversion rate between Japanese Yen (JPY) and New Taiwan Dollar (TWD) is a crucial piece of information for anyone looking to exchange currencies. The exchange rate can fluctuate frequently, so it's essential to check the current rate before making a transaction.

Credit: youtube.com, Yen hits fresh low against New Taiwan dollar

According to Example 4, 1 JPY is equivalent to 0.209796 TWD. This rate is based on the most recent exchange rate available. You can use this rate to convert any amount of Japanese Yen to New Taiwan Dollars.

Here's a list of conversion rates for different amounts of Japanese Yen:

Keep in mind that exchange rates can change rapidly, so it's always a good idea to double-check the current rate before making a transaction.

Rates

The exchange rate between the Japanese Yen and the Taiwan Dollar can fluctuate, but let's take a look at some recent data.

Over the last 30 days, the JPY to TWD exchange rate reached a high of $0.21333 and a low of $0.20697, with an average rate of $0.20913. The overall change in this period was -1.57%.

You can also check the current exchange rate on various platforms, such as currency exchange services, banks, and online platforms, which provide updates on the latest rates. For example, as of January 13, 2025 09:15 PM UTC, the best JPY to TWD exchange rate is 0.2098 TWD.

Credit: youtube.com, How Exchange Rates Are Determined

Here's a breakdown of the exchange rate for different amounts of Japanese Yen:

It's worth noting that the value of the Taiwan Dollar against the Japanese Yen can vary due to factors like trade balances, interest rates, and economic growth in Taiwan and its trading partners.

What Affects

The JPY to TWD exchange rate can be affected by various factors. Economic indicators, such as GDP growth, inflation, and interest rates, can have a significant impact on the exchange rate.

In the past 30 days, the JPY to TWD exchange rate fluctuated between a high of $0.21333 and a low of $0.20697, with an average rate of $0.20913. This shows that economic indicators can cause the exchange rate to fluctuate.

Geopolitical events, such as elections and trade agreements, can also influence the exchange rate. For example, central bank decisions, such as interest rate changes, can affect the exchange rate.

Over the last 90 days, the JPY to TWD exchange rate peaked at $0.21765 and dipped to a low of $0.20697, averaging $0.21092. This demonstrates that geopolitical events can have a lasting impact on the exchange rate.

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The overall change in the exchange rate over the last 30 days was -1.57%, while the total change for the last 90 days was -2.21%. This shows that the exchange rate can change significantly over time.

Here are some key factors that can affect the JPY to TWD exchange rate:

  • Economic indicators (e.g. GDP growth, inflation, interest rates)
  • Geopolitical events (e.g. elections, trade agreements)
  • Central bank decisions (e.g. interest rate changes)

Ann Lueilwitz

Senior Assigning Editor

Ann Lueilwitz is a seasoned Assigning Editor with a proven track record of delivering high-quality content to various publications. With a keen eye for detail and a passion for storytelling, Ann has honed her skills in assigning and editing articles that captivate and inform readers. Ann's expertise spans a range of categories, including Financial Market Analysis, where she has developed a deep understanding of global economic trends and their impact on markets.

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