TWD 1000 = HKD 238.27
Convert1 TWD = 0.23827 HKD | 1 HKD = 4.19692 TWD
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
TWD to HKD Exchange Rate Chart
1 TWD = 0.23827 HKD
The exchange value of 1000 TWD in Hong Kong Dollar is 238.270 HKD as on Feb 14.
You can check the exchange rate of 1000 New Taiwan Dollar to Hong Kong Dollar by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 1000 TWD to HKD online is as follows:.
There are several online ways to convert TWD to HKD.
Most banks in India allow TWD to HKD conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow TWD to HKD conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including TWD.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange TWD to HKD. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your TWD cash and exchange it for HKD.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline TWD to HKD conversion.
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Airports have forex counters where travelers can exchange TWD to HKD.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange TWD to HKD at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange TWD for HKD
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting New Taiwan Dollar (TWD) to Hong Kong Dollar (HKD) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
TWD is a strong and widely traded currency. If the exchange rate is favorable, converting TWD to HKD can give you more value for your money.
Since 1 TWD equals a significantly higher amount in HKD, converting TWD to HKD increases your purchasing power, allowing you to afford more goods and services in Hong Kong.
If you‘re an NRI, tourist, or returning from the Taiwan, converting TWD to HKD ensures you have local currency for daily expenses, shopping, and travel within Hong Kong.
Converting TWD to HKD can help you invest in Hong Kong assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Taiwan markets.
Using a direct TWD to HKD conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting TWD to HKD at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of TWD to HKD exchange.
Source of the rates:apilayer.com