Taiwan Dollar to SGD: Rate, Trends & Tips for 2026

Traveling between Singapore and Taiwan? Whether you’re planning a trip to Taipei or sending money back home, the Taiwan dollar to SGD exchange rate matters more than you might think. The New Taiwan Dollar (TWD) has shown remarkable stability compared to other Asian currencies, and understanding the current rate of 1 TWD = 0.039738 SGD (as of August 2, 2026) can save you significant money on conversions.

1 TWD equals 0.039738 SGD (Aug 02, 2026) ·
1 SGD equals 25.11399 TWD (Aug 02, 2026) ·
1000 TWD to SGD 39.738 SGD ·
Mid-market rate source Used by Wise, XE, and Forbes

Five key facts about the Taiwan dollar to SGD exchange rate, all drawn from mid-market data:

How much is $1 SGD in Taiwan?

Current exchange rate for 1 SGD

As of the latest data, 1 Singapore Dollar buys approximately 25.11 New Taiwan Dollars. This rate comes from the mid-market rate, which is the benchmark used by platforms like Wise (currency converter) and Exchange-Rates.org (historical rate tracker). The actual rate you get at a bank or money changer will include a markup.

Where to get the best rate

• Online platforms: Wise and Revolut offer mid-market rates with low fees. Wise (mid-market rate) shows the real rate before any markup.
• Bank counters: Typically add 2-3% spread. Exchange-Rates.org (bank rate comparison) highlights the difference.
• ATMs in Taiwan: Withdrawing TWD using a Singapore card often gives a better rate than cash exchange, but watch for foreign transaction fees.

The trade-off: convenience vs. cost. Online platforms save money but require planning; physical cash is instant but costs more.

How much is $1000 in Taiwan currency?

Converting larger amounts

At the current mid-market rate, 1000 SGD converts to approximately 25,114 TWD. That’s a substantial sum — enough for a week of meals, transport, and accommodation in Taipei. Exchange-Rates.org (currency converter) confirms this calculation using the live rate.

Fees and spreads

• Bank transfer: Expect a spread of 0.03-0.05 SGD per TWD, costing you 75-125 TWD on a 1000 SGD transfer.
• Wise/Revolut: Fees are typically 0.5-1% of the amount, or about 125-250 TWD — still cheaper than most banks.
• Cash exchange: Airport kiosks often take 3-5% margin, meaning you lose 753-1,257 TWD on 1000 SGD.

The pattern: digital services consistently beat physical cash exchange for large amounts.

Why is TWD so strong?

Factors behind TWD strength

Taiwan’s economy is export-driven, with a heavy reliance on semiconductors and electronics. This has kept the current account surplus high and inflation low — around 2% annually. TradingEconomics (economic data platform) notes that the central bank’s interventions help smooth volatility. The New Taiwan Dollar has historically been less volatile than peers like the Thai Baht or Philippine Peso.

Comparison with SGD stability

• SGD is managed by the Monetary Authority of Singapore, which uses a basket of currencies to guide the exchange rate. This makes the SGD extremely stable.
• TWD is also managed but with more discretion. The central bank intervenes during extreme moves.
• Both currencies benefit from strong trade surpluses and large foreign reserves.

What this means: TWD is strong for an Asian currency, but SGD is stronger and more predictable. Singapore travelers gain from a favorable exchange rate.

How has TWD to SGD changed recently?

5-year trend

Over the past five years, the TWD/SGD rate has fluctuated within a band of roughly 0.039 to 0.045 SGD per TWD. Exchange-Rates.org (historical data) shows a 180-day high of 0.04422 and a low of 0.04083 as of late May 2025. The annual change from mid-2025 to mid-2026 was about -8%, meaning TWD weakened against SGD.

Recent fluctuations 2024-2026

• 2024: TWD weakened slightly as SGD gained on strong Singapore economic data.
• 2025: The rate moved between 0.0402 and 0.0442, according to ValutaFX (exchange rate tracker).
• August 2, 2026: 1 TWD = 0.039738 SGD, near the lower end of the 52-week range.

The implication: TWD has lost value against SGD over the past year, making Singapore money go further in Taiwan now than it did in 2024.

Can I use Revolut card in Taiwan?

Using Revolut in Taiwan

Yes, Revolut cards work in Taiwan. They are accepted at most ATMs and contactless terminals. Revolut converts TWD to SGD at the mid-market rate with no foreign transaction fees on certain plans. Wise (currency comparison) notes that Revolut uses the same base rate as other fintechs.

ATM fees and limits

• Revolut Standard: Free ATM withdrawals up to 200 SGD per month, then 2% fee.
• Revolut Premium: 400 SGD free limit, then 2% fee.
• Taiwan ATMs: Most charge a fee of 100 TWD (about 4 SGD) per withdrawal.

The trade-off: Revolut is excellent for small to medium amounts, but for large conversions, use Wise or a bank transfer.

Comparison table: TWD/SGD exchange rate volatility

Three time periods reveal a consistent pattern: short-term stability with longer-term drift.

Data from Wise (exchange rate data) and Exchange-Rates.org (historical summary). The pattern: volatility increases with longer time horizons, but the range remains narrow compared to other Asian currencies.

Steps to convert TWD to SGD efficiently

1. Check the mid-market rate on Wise (real-time rate) or Exchange-Rates.org (historical rate).
2. Compare fees across platforms: Wise, Revolut, and your bank. Use the mid-market rate as the baseline.
3. Choose a digital service for amounts over 500 SGD to avoid high bank spreads.
4. Withdraw cash in Taiwan only if needed, using a Revolut or Wise card to get the best rate.
5. Monitor the rate if you have time; a 1% move can save 250 TWD on a 1000 SGD conversion.

Timeline: TWD to SGD exchange rate history

• 2021–2023: TWD strengthened against SGD driven by booming tech exports. Exchange-Rates.org (historical data) shows a gradual rise.
• 2024: TWD weakened slightly as the Singapore Dollar gained on MAS tightening. TradingEconomics (currency pair data) recorded a decline.
• August 2, 2026: 1 TWD = 0.039738 SGD, near the 52-week low. Investing.com (historical data) shows an annual change of about -8%.

The pattern: TWD is cyclical but tends to weaken when global demand for electronics slows. Singapore travelers benefit from that weakness.

Clarity: what we know and what’s uncertain

Confirmed facts

• Current mid-market rate: 1 TWD = 0.039738 SGD (Wise (live rate))
• 1 SGD = 25.11399 TWD (Exchange-Rates.org (historical rate))
• TWD inflation rate is around 2% (TradingEconomics (macro data))
• Revolut works in Taiwan with no foreign transaction fees on Standard plan (Wise (comparison))

What’s unclear

• Whether TWD will continue to weaken or rebound in 2027
• The exact impact of US Federal Reserve rate decisions on the TWD/SGD pair
• How Taiwan’s upcoming elections might affect currency stability

The catch: low confidence in predictions means travelers should lock in rates when they are favorable rather than wait.

Expert perspectives

“The TWD/SGD rate had a 180-day high of 0.04422 and a low of 0.04083, showing a narrow band of 8% over half a year.”

Exchange-Rates.org (historical data platform)

“The 90-day range was between 0.0419 and 0.0434, indicating short-term stability.”

Wise (currency converter)

“TWD/SGD traded at 0.0424491 on September 19, 2025, down 0.28% from the prior session.”

TradingEconomics (forex data)

The implication: three independent data sources confirm TWD/SGD has traded within a tight range, supporting the view that TWD is a relatively stable Asian currency for travelers to monitor.

Frequently asked questions

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