USD to TWD Forecast - December 2025
If you're planning to send money from the U.S. to Taiwan in the next month, here’s a simple breakdown of what’s going on with the exchange rate between the U.S. dollar (USD) and the Taiwan dollar (TWD), and what it means for you.
USD/TWD is currently trading at 31.266991.
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What is likely to happen to USD/TWD in December 2025
USD to TWD will likely stay in a range but with mild upward pressure toward USD strength. Expect the pair to trade roughly between 31.20 and 32.00, with risks skewed toward a slightly weaker Taiwan dollar unless foreign equity flows improve. If you need to send money from USD to TWD, conditions should remain relatively good over the coming month.
USD to TWD: Where It Stands
USD to TWD has been choppy but leaning slightly stronger for the US dollar. Taiwan’s currency has struggled to hold gains because foreign investors continue pulling money out of Taiwan’s stock market. This keeps USD to TWD elevated and makes the Taiwan dollar more likely to weaken on any negative news.
What’s Driving USD to TWD?
A simple breakdown of the main forces.
Foreign equity outflows are the biggest driver. When overseas investors sell Taiwanese stocks, they convert TWD into USD, pushing the TWD weaker.
The US dollar has paused its rally, but it is still strong overall due to global uncertainty and steady US economic fundamentals.
Taiwan’s central bank signaled it will avoid currency manipulation, which reduces volatility but does not reverse outflow‑driven weakness.
Rising geopolitical tension, including Taiwan’s sharp increase in defense spending, adds additional pressure on the TWD.
Regional trends matter. Asian currencies have been soft, and TWD often weakens alongside KRW and JPY when global risk sentiment deteriorates.
What Do the Charts Say?
Key support for USD to TWD sits near 31.20. If the pair dips toward this level, buyers often step back in.
Resistance sits around 32.00. This has been hard to break unless Taiwan faces heavy outflows.
Recent price action is range‑bound between these two levels, suggesting sideways movement with a slight lean toward USD strength.
What to Watch in December 2025
Important things that could move USD to TWD soon:
US government shutdown developments. Any easing of uncertainty could slow USD gains, but prolonged disruptions may weaken US data and keep markets jumpy.
Taiwan stock market flows. Rising outflows would likely push TWD weaker.
Semiconductor earnings and global tech sentiment. Taiwan is highly tech‑driven, so strong earnings could support TWD, while disappointments could hurt it.
Fed comments. The Fed remains cautious, and any suggestion of longer holding of interest rates would support USD strength.
Risks Ahead
A sudden increase in geopolitical tension could weaken TWD quickly.
A sharp downturn in Taiwan’s equity market would likely cause the TWD to fall further.
A stronger than expected recovery in China or global tech demand could help the TWD strengthen more than anticipated.
If the US data collapse due to the shutdown, the dollar could weaken unexpectedly.
What This Means If You Are Sending USD to TWD Abroad
If you are sending USD to Taiwan, the rate is currently favorable. The USD remains strong, and factors influencing Taiwan suggest only limited TWD recovery in the near term. This means you may receive more TWD per USD than usual. If Taiwan’s stock market improves or geopolitical tensions ease, the TWD could strengthen slightly, making transfers a bit less favorable, but big moves look unlikely in the next month.
Live USD to TWD exchange rates
Converting USD to TWD
If you are planning to send USD to Taiwan, you need to pick the right money transfer company to get the most TWD on the other end.
Depending on your needs, it's best to use one of the following companies in December:
Money transfer company | USD/TWD exchange rate | USD/TWD fee | USD/TWD transfer time | TWD received |
|---|---|---|---|---|
Wise (Best USD/TWD rate) | 31.3600 USD/TWD | 60.74 | next week | 217,615 |
OFX (Lowest Fee) | 31.2012 USD/TWD | 0 | minutes - 24 hours | 218,408.61 |
Revolut (Overall cheapest) | 31.2953 USD/TWD | 21 | minutes - 5 days | 218,409.93 |
OFX (Fastest Option) | 31.2012 USD/TWD | 0 | minutes - 24 hours | 218,408.61 |
*Based on our data of $7,000 transfer from the USA to Taiwan in December 2025. For other amounts, please .
USD to TWD history
Taiwan and the US have had trade ties for decades. The US dollar was established in the 1800s while the new Taiwan dollar was created in 1949.
At the time, it replaced the old Taiwan dollar, which was plagued by hyperinflation of the time.
Today, Taiwan has emerged as an economic powerhouse because of its strong industrial base.
It is mostly known for its semiconductor industry, which is the backbone of the modern economy.
In terms of market cap, Taiwan’s Semiconductor Manufacturing Company is the second-biggest semiconductor manufacturer in the world after Nvidia.
It has become one of the most important companies in the world because it innovated the fabless foundry concept in 1987 and manufactures most of the chips we use today.
The US and Taiwan have strong economic relations. Data from the Commerce Department showed that the total trade volume of the two countries stands at over $120 billion.
The US exports to the country are worth about $47.3 billion while imports are worth over $86 billion. This leaves the total trade deficit at about $40 billion.
The USD/TWD has been a relatively stable currency over the years. It peaked at 40.59 in 1985 and then reached an all-time low of 24.50 in 1992.
As shown below, since 1999, the pair has remained between the support at 27.27 and the resistance at 35.25.
This is a relatively small standard deviation compared to other currencies.
Its stability is likely because the USD/TWD is not a popular pair among speculators.
Therefore, its price action is mostly determined by supply and demand dynamics, which are affected by the overall trade volume between the two countries.
| Date | 1 US Dollar in TWD |
|---|---|
| Dec 21, 2025 | 31.518899 TWD |
| Dec 22, 2025 | 31.547203 TWD |
| Dec 23, 2025 | 31.504496 TWD |
| Dec 24, 2025 | 31.442302 TWD |
| Dec 25, 2025 | 31.585196 TWD |
| Dec 26, 2025 | 31.395038 TWD |
| Dec 27, 2025 | 31.395038 TWD |
| Dec 28, 2025 | 31.395027 TWD |
| Dec 29, 2025 | 31.332801 TWD |
| Dec 30, 2025 | 31.261499 TWD |
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