SGD To TWD: How To Get The Best Taiwan Dollar Rate

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.

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• 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

Table of Contents

1. SGD to TWD: How’s It Going?
2. SGD to TWD: What’s the Exchange Rate Today?
3. Is NTD the Same as TWD?
4. Where Can I Get the Best SGD to TWD Exchange Rate?
5. How to Use YouTrip for SGD to TWD
6. How Much to Budget for 7 Days in Taiwan?
7. Why Is the Taiwan Dollar Weak in 2026?
8. 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:

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.

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

get the best rates here

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:

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

Other Currency Guides:

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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>!

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