New Taiwan Dollar to RMB Conversion: Essential Currency Information

The New Taiwan Dollar (TWD) is the official currency of Taiwan, while the Renminbi (RMB) is the official currency of China.

As of the current exchange rate, 1 TWD is equivalent to approximately 0.16 RMB.

For travelers, it's essential to know that many businesses in Taiwan accept credit cards, but it's still a good idea to have some local currency on hand for smaller purchases and transportation.

The exchange rate can fluctuate frequently, so it's a good idea to check the current rate before making any large transactions.

The Taiwan Dollar to Chinese Yuan Renminbi conversion rates are constantly changing, but as of January 28, 2025, the best exchange rate is 0.2201 CNY for every TWD.

You can find the current exchange rate in the table below, which shows the exchange rate for the last week.

Over the past 10 years, the Taiwan Dollar has appreciated +11.88% against the Chinese Yuan Renminbi, which means it has gained purchasing power compared to the Chinese Yuan Renminbi over the last decade.

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The average exchange rate over the period from 2024-1-29 to 2025-1-27 was 0.2233 Chinese Yuan Renminbi per Taiwan Dollar.

To give you a better idea of the exchange rates, here are some examples of conversions:

Keep in mind that these exchange rates are subject to change, so it's always a good idea to check the current rate before making any transactions.

The Taiwan Dollar to Chinese Yuan Renminbi exchange rate has been tracked over time, providing valuable insights into the fluctuations in value between the two currencies.

Data is available from 2024-7-31 to 2025-1-27, a period of six months.

The TWD/CNY rate has decreased by -0.28% in this time, indicating that the Taiwan Dollar has lost value compared to the Chinese Yuan Renminbi.

To view rates between the Taiwan Dollar and the Chinese Yuan Renminbi for a particular year, you can click on one of the links below.

The highest TWD to CNY exchange rate in the last year was 0.2298 Chinese Yuan Renminbi per Taiwan Dollar on February 12, 2024.

The conversion charts for Taiwan New Dollar to Chinese Yuan Renminbi are a valuable resource for anyone looking to make sense of the exchange rates. The average exchange rate over a period of time can be found in the charts, with the average rate from January 29, 2024 to January 27, 2025 being 0.2233 Chinese Yuan Renminbi per Taiwan Dollar.

You can find the current exchange rate in the conversion charts, which are updated regularly. For example, as of January 28, 2025, 100 Taiwan Dollars is equivalent to 22.010 Chinese Yuan Renminbi.

The conversion charts also provide a way to see how the exchange rate has changed over time. In the last week, the exchange rate has fluctuated between 0.21983898 and 0.22131109 Chinese Yuan Renminbi per Taiwan Dollar.

Here's a summary of the exchange rates for different amounts of Taiwan New Dollar:

The exchange rate can also be found by looking at the conversion rate for a specific amount of Taiwan New Dollar. For example, 1 Taiwan New Dollar is equivalent to 4.543336 Taiwan New Dollars per Chinese Yuan Renminbi.

Currency Strength is a key factor to consider when evaluating the New Taiwan Dollar (NTD) to Renminbi (RMB) exchange rate. The Chinese Yuan Renminbi is currently stronger than the Taiwan Dollar, as 1 CNY is equal to 4.5433 TWD.

Differences in inflation rates between the two economies can impact the currency strength. Economies with low inflation rates tend to see a rise in currency value as purchasing power increases.

A trade deficit can also weaken a currency, such as the Taiwan Dollar. If an economy is spending more than it is earning through foreign trade, it requires more foreign currency than it receives.

Politics can also play a significant role in currency strength. Economies with stable politics generally make better foreign investments than those with constant political strife.

Here's a quick comparison of the two currencies:

The performance of economies also dictates the exchange rate of their currencies. Strong economies like China tend to attract more capital, increasing the buying power of their currency.

The New Taiwan Dollar (TWD) is the official currency of Taiwan, while the Renminbi (RMB) is the official currency of China.

In 1949, Taiwan adopted the New Taiwan Dollar as its official currency, pegging it to the US dollar at a rate of 38.5 TWD per USD.

The exchange rate between the TWD and RMB is not fixed, but rather floats on the foreign exchange market.

The RMB has been pegged to the US dollar at a rate of 6.95 RMB per USD since 1994, but this rate has been adjusted over time.

As of 2022, the exchange rate between the TWD and RMB is approximately 4.5 RMB per TWD.

In 2015, Taiwan and China signed a currency swap agreement, allowing for the exchange of up to $3.6 billion in TWD and RMB.

This agreement aims to promote trade and investment between the two countries, but it does not imply a fixed exchange rate between the two currencies.

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