Foreign exchange is a poorly transparent activity in Spain.
When you buy or sell Taiwanese dollars with euros or Taiwanese dollars in exchange for euros at the airport or at a bank, you are paying more.
Spanish banks practically invoice you a commission of 3% on the Taiwanese dollars that you pruchase or sell from/to them.
And the currency supplier at the airport imposes on you a very disappointing price taking advantage of the fact that you passed through there.
Contrasting prices in a comparison engine like our website that includes 5 currency suppliers in Spain is the best way to get more Taiwanese dollars for the same euros.
We do not recommend selling dollars to euros at the airport. This should be your last choice, as it is the most expensive.
We also do not recommend doing a TWD-EUR currency exchange in a Spanish bank since literally all Spanish banks apply to you a 3% commission, with a minimum (whichever is higher) amount of 6 to 10 euros. Lest you have the power to negotiate with your bank removing the commission.
In places like the North America or the United Kingdom, it is usual to buy or sell foreign currency online. The traveler who needs to sell dollars TWD to euros will go to a holyday money comparison service such as Cambiator or directly to a holiday money supplier and order online their dollars TWD or any other currency for euros she/he needs to change.
There is no best time to sell dollars to euros because the Taiwan Dollar to euro prices oscillate continously depending on the strengths of the economies of the Euro countries with respect to the countries that use dollars.
It is, nevertheless, advisable to be attentive to events such as Brexit, major sporting events or armed conflicts, where the rates of a currency can oscillate upwards or downwards with respect to the Euro.
Although we cannot estimate how the Taiwan Dollar to euro prices will evolve at Cambiator we help you to change dollars to euros at the best rates day to day in Spain.
If you thought that your bank or the airport were the sole places to sell Taiwanese dollars for euros on this day in Spain, please, firs of all compare prices in the different currency suppliers that we have compared for you above.
You can spot that for the same quantity of Taiwanese dollars, you will get more Euros depending on the supplier you pick and you can spend the remnants on other leisure activities for your trip (coffees, souvenirs, transportation, etc.).
Usually, the online rates of the foreign currency providers in Spain, are more economic than the prices you find present yourself directly in one of their stores.
So Cambiator advises you to perform a price comparison when if you plan to change Taiwan Dollars to euros.
And afterwards we advise to book online to select click and collect at a store of the currency exchange providers around you. This way you will receive more euros for your Taiwan Dollars in comfort.
The common thing is that the travel money supplier where you will sell your Taiwan Dollars to euros will ask you to provide an updated and valid identity card (resident´s ID card (DNI or NIE) or passport in Spain). Have in mind that the driver's license is not normally accepted as a valid identification document.
On the other end banks will not generally ask for any documentation from their customers who sell Taiwan Dollars to euros with them because they will already have identified them at the time of opening a bank account with them.
If you want to change Taiwanese dollars to euros you only need to choose Taiwanese dollars in our currency purchase widget, tab Sell Currency. Then enter the amount you want to sell and select your location so that we can show you the closest currency exchange store.
Cambiator will show you the results of the different currency providers, sorted from more interesting to less appealing. We will also display the average rate at Spanish high street banks and at the airports (if they offer that currency).
Upon return to Spain, you can exchange your leftover currency, only notes not coins, (dollars in this caseat your bank or your closest currency supplier.
Look at the TWD-EUR prices first and make a comparison on our website to find out the better place. If you go to your bank, bear in mind that your bank will impose on you, another time, a commission near to 3per cent with a minimum of 6 to 9 Euros (the largest of the two).
Generally, travel money suppliers in Spain have high limits for a single TWD-EUR currency exchange. Or for any other holiday money ypour wish to change to euros.
These maximum quantities are imposed by the Banco de España. They are related to the money laundering prevention regulations and Know Your Customer (KYC) requirements
Nevertheless, these limits normally range between the equivalent of Taiwan Dollars to 3,000 and 5,900 euros, which is a lot more than what a tourist needs for their stay expenses.
Best rate of the day (change currency to euros)