US Dollar vs Taiwan Dollar 1 Month
USDTWD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.006
Contract Size Currency per 1 Lot Symbol
USD 100,000
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:10 MT Server
Market Closed
Friday 20:00 MT Server
Trading Break
20:00 - 00:10 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
Upcoming Calendar Events
| October 03 | Saturday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16:00 | AU | AUD | Daylight Saving Time | NONE | |||||||||
FAQ
The USD/TWD is an exotic currency pair representing the exchange rate between the US dollar and the Taiwan dollar, the official currency of the Republic of Taiwan, or the number of Taiwan dollars (the quote currency) necessary to purchase one US dollar (the base currency).
Most central banks and financial institutions hold the United States dollar, which is the most actively traded currency in the world. Due to its dependability and stability, the dollar is the preferred currency for international transactions and reserves. In addition, the dollar's dominance in international trade has substantial implications for global exchange rates and economic policy, and it may serve as a benchmark for nations that desire to set or peg their currencies to the dollar's value.
TWD has been the official currency of the Republic of China's Taiwan Area since 1949 and has been issued by the Central Bank of Taiwan since 2000, which occasionally intervenes in the foreign exchange market to stabilise the TWD's value.