Taiwan on your mind? Here’s what the rate looks like right now 👀🔎
As of 18 May 2026, 1 SGD = 24.69 TWD — near its strongest level in over 15 years. The Singapore Dollar is up +6.04% year-on-year against the New Taiwan Dollar, which means Taiwan is genuinely more affordable for Singaporean travellers right now than it was this time last year. Night markets, Din Tai Fung, and bubble tea by the litre: your SGD stretches further than it used to.
With rates constantly on the move, staying informed and choosing the right payment method can go a long way in stretching your travel budget. This guide covers today’s SGD to TWD rate, what’s driving the trend, and where to exchange without getting eaten alive by fees.
📚 More guides for you:
- Taiwan ATM Withdrawal Guide: Fees, Locations and Best Banks
- 15 Best Things To Do in Taipei
- Navigating Taiwan’s High Speed Rail System
⚡️ TL;DR: SGD to TWD at a Glance
| Highlights | Details |
|---|---|
| Current SGD to TWD rate | 1 SGD = 24.69 TWD |
| 100 SGD to TWD | ~2,469 TWD |
| YoY trend | SGD up +6.04% — stronger than a year ago |
| Good SGD to TWD rate | Anything above 24 TWD is considered strong |
| Best exchange method | Multi-currency cards (e.g. YouTrip) — wholesale rate, 0% markup |
| Cash needed in Taiwan? | Some — useful for night markets, small vendors, and local buses |
📚 Table of Contents
- SGD to TWD: How’s It Going?
- SGD to TWD: What’s the Exchange Rate Today?
- Is NTD the Same as TWD?
- Where Can I Get the Best SGD to TWD Exchange Rate?
- How to Use YouTrip for SGD to TWD
- How Much to Budget for 7 Days in Taiwan?
- Why Is the Taiwan Dollar Weak in 2026?
- FAQ
SGD to TWD: How’s It Going?
Over the past five years, the SGD has gained +17.36% against the TWD. Back in 2021, you’d get around 20.5–21 TWD per Singapore Dollar. Today that’s 24.69.
Here’s how the rate moved:
| Year | Rate Range | Trend |
|---|---|---|
| 2021 | 20.5–21 TWD | Relatively flat; SGD building a base |
| 2022 | 20–22 TWD | Brief dip early year, then steady climb |
| 2023 | 22–23.5 TWD | SGD breaks past 23 TWD for the first time |
| 2024 | 23.5–24.5 TWD | Rate approaches multi-year highs |
| 2025 | 23–25 TWD | Strong recovery after a mid-year dip |
| 2026 (YTD) | 24.5–25.5 TWD | Peaked ~25.5 in March; settled at 24.69 in May |
If you went to Taiwan five years ago, you’d have gotten around 21 TWD per SGD. You now get nearly 25. That’s a meaningful improvement for anyone spending in Taiwan.
💡 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 18 May 2026, the SGD to TWD exchange rate stands at approximately 1 SGD = 24.69 TWD, up +6.04% year-on-year from around 23.28 TWD in May 2025.
After hitting a recent peak of around 25.5 TWD in March 2026, the rate has pulled back slightly. But at 24.69, you’re still firmly in strong-SGD territory — well above the 24 TWD mark that most travellers consider a good rate. If you’re planning a Taiwan trip in 2026, this is a solid window to convert.
Quick SGD to TWD conversions
| SGD | TWD | What it roughly covers |
|---|---|---|
| S$10 | 247 TWD | Bubble tea and a snack |
| S$50 | 1,235 TWD | Casual day of eating |
| S$100 | 2,469 TWD | Night market session + transport |
| S$500 | 12,345 TWD | 2–3 nights mid-range + meals |
| S$1,000 | 24,690 TWD | Comfortable week in Taipei |
Is NTD the Same as TWD?
Yes, NTD and TWD refer to the same currency.
TWD is the ISO currency code used by banks and apps. NTD stands for “New Taiwan Dollar,” the full official name. NT$ is the symbol you’ll see on signs and menus in Taiwan. All three mean exactly the same thing. So if you’re searching “SGD to NTD,” you’re looking at the identical pair and rate as SGD to TWD.
Where Can I Get the Best SGD to TWD Exchange Rate in Singapore?
Surprise — the best rates aren’t at money changers or banks. For the best SGD to TWD rate, use a multi-currency card like YouTrip.
Here’s why:
- Competitive rates: YouTrip gives you wholesale exchange rates with zero markup. Banks like DBS charge a 3.25% FX fee on credit card transactions — on S$500 of Taiwan spending, that’s ~S$16 in fees alone. With YouTrip, you skip all of that.
- No hidden fees: Standard credit cards charge up to 3.25% per overseas transaction. YouTrip charges nothing extra.
- Ultimate convenience: Top up and tap — no queuing at a money changer. You can also use your YouTrip card to withdraw TWD from ATMs in Taiwan if you need cash on hand.
- Safety and security: YouTrip is fully licensed and regulated by the Monetary Authority of Singapore (MAS). ☑️ Carry less cash and enjoy enhanced security features.
How to Use YouTrip for SGD to TWD
YouTrip does the heavy lifting so you don’t have to think about exchange rates on the go.
✅ Top up your desired amount of SGD into your YouTrip wallet.
✅ To check the latest SGD to TWD rates, use the Mastercard Calculator (input ‘0’ under bank fees — YouTrip charges none!).
✅ That’s it. Use your YouTrip Mastercard anywhere in Taiwan and Smart Exchange™ handles the conversion automatically. 🔄
Need cash for the night market? Withdraw TWD from an ATM when you land. Your first S$400 each calendar month is free with YouTrip, then a flat 2% on amounts after that. The allowance resets on the 1st of every month. That beats changing at a money changer, which quietly marks up the rate by a few percent — without making it obvious.
📚 Here’s all you need to know about YouTrip’s exchange rates 💹
How Much to Budget for 7 Days in Taiwan?
Taiwan is affordable by Singapore’s standards. Here’s a realistic breakdown at 1 SGD = 24.69 TWD:
| Budget | Mid-Range | Comfortable | |
|---|---|---|---|
| Accommodation / night | ~400–700 TWD (~S$16–28) | ~2,000–4,000 TWD (~S$81–162) | ~4,500–9,000 TWD (~S$182–364) |
| Food / day | ~700–1,100 TWD (~S$28–45) | ~1,500–2,500 TWD (~S$61–101) | ~3,000–5,500 TWD (~S$121–223) |
| Transport / day | ~200–350 TWD (~S$8–14) | ~350–600 TWD (~S$14–24) | ~600–1,200 TWD (~S$24–49) |
| Activities / day | ~200–500 TWD (~S$8–20) | ~500–1,000 TWD (~S$20–40) | ~1,500–3,500 TWD (~S$61–142) |
| Daily total (est.) | ~S$60–107 | ~S$176–327 | ~S$388–778 |
| 7-day total (est.) | ~S$420–750 | ~S$1,230–2,290 | ~S$2,720–5,450 |
Estimates only. Taipei runs ~15–20% higher than regional cities. Peak seasons (Cherry Blossom, Lantern Festival) push accommodation significantly higher.
Why Is the Taiwan Dollar Weak in 2026?
The TWD has weakened against most major currencies over the past several years, and the SGD has been one of the biggest beneficiaries.
A few reasons behind the trend:
- Export dependency: Taiwan’s economy runs on semiconductors and electronics. A slower global tech cycle hits the TWD hard.
- USD strength: Asian export currencies weaken when the USD is strong, and the TWD is no exception.
- Trade and geopolitical pressure: US-Taiwan trade dynamics and cross-strait uncertainty have periodically weighed on business confidence.
- Demographic headwinds: Taiwan’s ageing population and structural debt add long-run pressure on the currency.
Most analysts expect the current SGD-TWD range of 24–25.5 TWD to hold over the next 12 months, barring major shifts in global trade or geopolitical conditions. For Singaporean travellers, this is a good problem to have.
FAQ
Anything above 24 TWD per SGD is considered strong. The five-year average is around 22–23 TWD, so today’s rate at 24.69 is already well above the historical baseline. No need to wait for a better window.
Yes. NTD (New Taiwan Dollar) and TWD (the ISO code) refer to the same currency. NT$ is the common symbol. Searching “SGD to NTD” gives you the identical rate as SGD to TWD.
Generally, no. Use a multi-currency card and withdraw TWD from an ATM in Taiwan on arrival. You’ll get the wholesale rate with no markup. Pre-exchanging at a money changer means accepting a built-in spread of roughly 0.5–2%.
The TWD faces structural pressure from Taiwan’s export dependency, a strong global USD environment, and demographic headwinds. The SGD benefits from MAS’s stable monetary framework and Singapore’s solid economic fundamentals. The gap has widened consistently since 2021, with the SGD gaining +17.36% against the TWD over five years.
No pre-conversion needed. Top up SGD into your YouTrip wallet, use the card directly in Taiwan, and Smart Exchange™ handles the conversion at the live wholesale rate automatically. For cash, withdraw from any ATM in Taiwan with a Mastercard/Cirrus logo. First S$400 per calendar month is free, then 2% after.
Other Currency Guides:
💜 YouTrip Exchange Rates | 🇯🇵 SGD To JPY | 🇲🇾 SGD To MYR | 🇹🇭 SGD to THB | 🇺🇸 SGD to USD | 🇪🇺 SGD to EUR | 🇨🇳 SGD to CNY | 🇰🇷 SGD To KRW | 🇮🇩 SGD to IDR | 🇦🇺 SGD To AUD | 🇻🇳 SGD To VND | 🇳🇿 SGD to NZD | 🇹🇼 SGD To TWD | 🇭🇰 SGD to HKD | 🇬🇧 SGD to GBP | 🇨🇭 SGD to CHF
Honestly, Just Book the Trip
With the SGD at 24.69 TWD and near its strongest level in over 15 years, Taiwan is a better value for Singaporean travellers right now than it’s been in a very long time. There’s no perfect rate — but this is pretty close to it.
Not a YouTrooper yet? Singapore’s go-to multi-currency wallet helps you save with great FX rates and zero fees. Skip the money changer and get a free YouTrip card + S$5 YouTrip credits with code <YTBLOG5>!
