8b12434b7ad58bae8885a2fe55a1f273

Currency Converter

Update:

Cash Calculation
Buy Sell
1 1
TWD
31.78000 32.45000
USD
4.33800 4.50000
CNY
3.96600 4.17000
HKD
0.19600 0.20880
JPY
34.13000 35.47000
EUR
21.04000 21.82000
AUD
23.11000 24.02000
CAD
0.00000 0.00000
ZAR
19.33000 20.18000
NZD
34.40000 35.60000
CHF
2.65000 3.17000
SEK
23.28000 24.19000
SGD
0.75190 0.94190
THB

Update:

Cash Calculation
Buy Sell
1 1
TWD
32.10500 32.25500
USD
4.40500 4.46500
CNY
4.08700 4.15700
HKD
0.20280 0.20780
JPY
34.64500 35.24500
EUR
21.25500 21.60000
AUD
23.44000 23.77000
CAD
1.70900 1.79900
ZAR
19.66000 19.96000
NZD
35.01000 35.40000
CHF
2.98000 3.10000
SEK
23.75000 23.97000
SGD
0.86130 0.90730
THB

There are four types of prices for the bank exchange rate card-- cash buying rate, spot buying rate, spot selling rate, and cash selling rate. The bank card exchange rates of "buying" and "selling" are shown from the perspectives of the bank.

  • Cash rate: price for currency cash after exchange
  • Spot rate: price for currency deposit (passbook) or traveler's checks after exchange
  • (Note: Cash rate is generally higher than the spot rate because the bank needs to carry the costs of holding foreign currencies.)


The explanations for the four exchange rates are as follows:

Cash Buying Rate

This refers to the price by which the bank purchases (exchanges) foreign currency cash from you with new Taiwan dollars. Usually this price is the lowest among the four prices, because by holding foreign currencies the bank has its own holding costs, which is reflected on the exchange rate.

Thus, after you have returned to Taiwan from abroad with unspent foreign currencies and you want to exchange them back to new Taiwan dollars, you should look for the bank with the highest cash buying rate to be more cost-effective.


Cash Selling Rate

This refers to the price by which you purchase (exchange) foreign currency cash from the bank with new Taiwan dollars. This is the highest among the four prices. When you are going abroad and want to exchange for foreign currencies, you exchange a unit of foreign currency with this price.

Thus, when you are exchanging, you should look for the bank with the lowest cash selling rate to be more cost-effective.


Spot Buying Rate

This refers to the price by which the bank purchases (exchanges) foreign currency from you with new Taiwan dollars. Usually this price is the second lowest among the four prices.

The situations in which this rate is generally applied to are when the foreign currency account deposits are to be transferred or converted into the new Taiwan dollar account deposits, if you have received a foreign currency remittance to be converted into new Taiwan dollars, or foreign currency calculated funds are to be redeemed.


Spot Selling Rate

This refers to the price by which you purchase (exchange) foreign currency from the bank with new Taiwan dollars. Usually this price is the second lowest among the four prices.

The situations in which this rate is generally applied to are when new Taiwan dollars are to be deposited into foreign currency account, or a remittance is made in foreign currency.



For business consultation, please contact us