Taiwan on your mind? Here’s what the SGD to TWD rate looks like right now 👀🔎

With its vibrant night markets, endless bubble tea options, and the perfect blend of city buzz and scenic beauty, it’s no wonder Taiwan’s always been a popular travel destination for Singaporean travellers. But before you hop on that flight, there’s one important thing to sort out: getting the best bang for your buck when converting your SGD to TWD! 🇹🇼

With rates constantly on the move, staying informed on recent trends and choosing the right payment card can go a long way in stretching your travel budget. In this guide, we’ll equip you with everything you need to know to get the best SGD to TWD exchange rate. ✨

📚 More guides for you:

• Taiwan ATM Withdrawal Guide
• The Ultimate 7-Day Taiwan Itinerary
• Navigating Taiwan’s High Speed Rail System

SGD to TWD: How’s It Going?

Over the past five years, the Singapore Dollar (SGD) has strengthened significantly against the New Taiwan Dollar (TWD), appreciating by around 8.5%. Back in 2020 and 2021, the exchange rate hovered between 20.5 – 21.5 TWD, staying relatively flat with occasional dips. Starting 2022, the SGD begun a steady upward climb, eventually breaking past the 23.0 TWD mark in 2023 before peaking at 24.5 TWD in early 2025.

While the rate has dipped from the high in recent months, it still sits well above pre-2022 levels. This means that 2025 is still a fairly favourable time for Singaporeans to convert SGD to TWD – especially compared to the past few years. 🇹🇼

💡 A strong SGD means nothing if you’re charged crazy transaction fees! Sign up for a YouTrip card to enjoy the best exchange rates and no hidden fees wherever you go. 🌍

SGD to TWD: What’s the Exchange Rate Today?

As of 23 July 2025, the SGD to TWD exchange rate stands at approximately 1 SGD = 22.99 TWD, marking a 4.50% decline over the past six months. After reaching a peak of around 24.5 TWD in early 2025, the rate took a sharp and sudden dip in May – plunging to below 23.0 almost overnight.

In any case, the SGD has since stabilized around the 22.9 mark and shows signs of plateauing. If you’re planning a trip to Taiwan this year, it’s worth monitoring the rate closely – and consider locking it in when it dips in your favour. ✨

📚 SGD to TWD Exchange Rate: find out how to make full use of the upcoming public holidays with our guide to stacking your annual leaves! 🤫

Where can I get the best SGD to TWD exchange rate in Singapore?

Surprise! The best rates aren’t at money changers or banks. To get the best SGD to TWD rate, consider using a multi-currency card like YouTrip!

Here’s why you should use a YouTrip card for the best TWD rates:

• Competitive rates: Enjoy competitive wholesale exchange rates with no inflated markups when you pay with your YouTrip card! 💳 Fun fact: Banks typically mark up mid-market rates and sneak in extra fees, leaving you with less to spend. With YouTrip, you get direct wholesale rates with zero extra charges – this basically means more New Taiwan Dollars for every Singapore Dollar. 🚀

• No hidden fees: Unlike typical credit cards, YouTrip doesn’t charge users additional conversion or transaction fees. While these fees may seem insignificant (p/s: credit cards charge an average of 2 – 3% fees per overseas transaction), they can really add up with every payment you make 📈

• Ultimate convenience: Skip the queues at money changers! Just top-up and pay with your YouTrip card – you can even use your card to withdraw cash from ATMs in Taiwan.

• Safety & security: YouTrip is fully licensed and regulated by the Monetary Authority of Singapore (MAS). ☑️ Carry less cash and enjoy enhanced security features with your YouTrip card. 

So how do I use YouTrip to enjoy the best Taiwan Dollar rates?

In a nutshell, YouTrip works to “unpinch” your wallet — so you don’t need to worry about losing money from exchange rate margins. 

✅  Simply top up your desired amount of SGD into your YouTrip wallet.

✅  To check out the latest SGD to TWD rates, use the Mastercard Calculator (remember to input ‘0’ under bank fees since YouTrip charges zero fees!).

✅ And that’s it, you’re ready to start spending in Taiwan! All you have to do is to use your YouTrip Mastercard in SGD and we’ll do all the work for you with Smart Exchange™ 🔄

📚 SGD to TWD Exchange Rate: here’s all you need to know about YouTrip’s exchange rates 💹

Save on the best SGD to TWD Rates with YouTrip!

And just like that, you’re ready to head to the Taiwan and enjoy saving with the best rates in town! With best rates in 150+ countries and no fees, stretching your Singapore Dollar further will no longer be a hassle when you have a YouTrip card ✨

📱 Download the YouTrip app and sign up with code <YTBLOG5> to get FREE S$5 in your account upon registration! 💜

More currency exchange guides! 🤑

• Korea Trip: SGD to KRW rates guide 🇰🇷
• Malaysia Trip: SGD to MYR rates guide 🇲🇾
• China Trip: SGD to CNY rates guide 🇨🇳
• Thailand Trip: SGD to THB rates guide 🇹🇭
• Japan Trip: SGD to JPY rates guide 🇯🇵
• Indonesia Trip: SGD to IDR rates guide 🇮🇩