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SOV to TWD Converter and calculator

SOV/TWD: 1 SOV = 5.98 TWD. The price of converting 1 Sovryn (SOV) to New Taiwan dollar (TWD) is 5.98 TWD today.
SOV
SOV
TWD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SOV to TWD real-time exchange rates, making it easy to convert Sovryn (SOV) to New Taiwan dollar (TWD). The conversion result is based on real-time data. The conversion result shows that 1 SOV is currently valued at 5.98 TWD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOV is currently valued at 5.98 TWD, which means buying 5 SOV would cost 29.91 TWD. Similarly, NT$1 TWD can be converted to 0.1671 SOV, and NT$50 TWD can be converted to 0.8357 SOV, excluding any platform or gas fees.

Convert SOV to TWD

Convert TWD to SOV

Sovryn
New Taiwan dollar
5000 SOV
29,914.98  TWD
10000 SOV
59,829.95  TWD
In the table above, you'll find a comprehensive SOV to TWD converter that shows the value of Sovryn in New Taiwan dollar across commonly used conversion amounts. The list covers conversions from 1 SOV to TWD, all the way up to 10000 SOV, providing a clear view of their respective values.
New Taiwan dollar
Sovryn
100000 TWD
16,714.04 SOV
In the table above, you'll find a comprehensive TWD to SOV converter that shows the value of New Taiwan dollar in Sovryn across commonly used conversion amounts. The list covers conversions from 1 TWD to SOV, all the way up to 100000 TWD, providing a clear view of their respective values.

SOV to TWD chart

SOV/TWD: 1 SOV = 5.98 TWD; 2025/04/26 18:41:39
In the past 1D, Sovryn has changed -0.34% to TWD. Based on the trend and price charts, Sovryn(SOV) has changed -0.34% to TWD while New Taiwan dollar(TWD) has changed % to SOV in the last 24 hours.
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SOV to TWD conversion data: Volatility and price changes of Sovryn in TWD

The highest Sovryn price in TWD over the past 7 days was 6 TWD while the lowest Sovryn price in TWD over the past 7 days was 5.52 TWD. The relative change between the highs and lows in Sovryn price in TWD over the last 7 days indicates a volatility of %. You can view additional volatility data and SOV to TWD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
5.99 TWD
6 TWD
6.3 TWD
9.8 TWD
Low
5.95 TWD
5.52 TWD
5.28 TWD
5.28 TWD
Average
0 TWD
0 TWD
0 TWD
0 TWD
Volatility
%
%
%
%
Change
-0.34%
+7.95%
-5.78%
-32.65%

Sovryn information

SOV to TWD market statistics

SOV/TWD:
NT$5.98
SOV 24h volume:
NT$735,819.47
SOV market cap:
NT$358,501,490.12
SOV circulating supply:
59.92M SOV

Current SOV to TWD exchange rate

Sovryn to New Taiwan dollar is rising this week.
Sovryn's current market price is NT$5.98 per SOV, with a total market cap of NT$358,501,490.12 TWD based on a circulating supply of 59,920,068 SOV. The trading volume of Sovryn has changed by -47.81% (NT$-674,131.31 TWD) in the last 24 hours. Last trading day, SOV's trading volume was NT$1,409,950.78.

More info about Sovryn on Bitget

New Taiwan dollar information

About the New Taiwan Dollar (TWD)

What Is the New Taiwan Dollar (TWD)?

The New Taiwan Dollar (TWD), symbolized as NT$ and sometimes abbreviated as NT, is the official currency of Taiwan. Its ISO currency code is TWD. Introduced in 1949, it replaced the Old Taiwan Dollar. The basic unit of the TWD is called a yuan, which is further subdivided into ten chiao and 100 fen, though these smaller units are rarely used in everyday transactions. The New Taiwan Dollar is the sole legal tender used for all transactions within Taiwan.

The New Taiwan Dollar (TWD) is issued by the Central Bank of the Republic of China (Taiwan). This central bank took over the issuance of the TWD in the year 2000. Prior to that, from its introduction in 1949 until 2000, the Bank of Taiwan was responsible for issuing the currency. The transition of this responsibility to the Central Bank of the Republic of China marked the TWD's elevation from a provincial to a national currency.

What Is the History of TWD?

The TWD was introduced on June 15, 1949, replacing the Old Taiwan Dollar at a rate of 40,000 to 1. This change aimed to combat the hyperinflation affecting Nationalist China during the Chinese Civil War. The currency's introduction marked a pivotal moment in Taiwan's economic history, laying the foundation for future financial stability.

Notes and Coins of TWD

The TWD is available in various banknotes and coins. Banknotes are issued in denominations of NT$100, NT$200 (seldom used), NT$500, NT$1000, and NT$2000. Coins come in denominations of NT$1, NT$5, NT$10, NT$20 (rarely used), and NT$50.

What Is the Difference Between New Taiwan Dollar And Old Taiwan Dollar?

The New Taiwan Dollar (TWD), introduced in 1949, replaced the Old Taiwan Dollar to combat severe hyperinflation that had gripped Taiwan following World War II. This change occurred when Taiwan transitioned from Japanese to the Republic of China's control, marked by economic instability due to the ongoing civil war in China. The Old Taiwan Dollar, plagued by rapidly declining value, led to the issuance of extremely high denominations, reaching up to 1 million Old Taiwan Dollars by 1949. In stark contrast, the New Taiwan Dollar was introduced at an exchange rate of 1 New Taiwan Dollar to 40,000 Old Taiwan Dollars, a move that was pivotal in stabilizing Taiwan's economy. Initially issued by the Bank of Taiwan, the responsibility for the New Taiwan Dollar was later transferred to the Central Bank of the Republic of China (Taiwan) in 2000, solidifying its status as the national currency and symbolizing a significant step towards economic recovery and stability.

Can You Use TWD in China?

No, the New Taiwan Dollar (TWD) is generally not accepted for regular transactions in Mainland China. In China, the official currency is the Chinese Yuan (CNY), also known as Renminbi (RMB). For everyday transactions in China, such as purchasing goods or services, you would need to use the Yuan.

Bitget crypto-to-fiat exchange data shows that the most popular Sovryn currency pair is the SOV to TWD, with for Sovryn's currency code being SOV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TWD.

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How to convert SOV to TWD

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Bitget P2P trading does not currently support direct buying of SOV with TWD. However, you can buy USDT in Bitget P2P trading first, and then buy SOV with USDT via Bitget spot market.
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SOV to TWD
1 SOV to NT$5.98 TWD
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SOV to TWD Conversion tables

The exchange rate of Sovryn is decreasing.
The exchange rate of 1 SOV to New Taiwan dollar has changed by +7.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.34%, reaching a high of 5.99 TWD and a low of 5.95 TWD . One month ago, the value of 1 SOV was NT$6.35 TWD , which represents a -5.78% change from its current value. Over the last year, Sovryn has changed by
-NT$
57.6TWD
, resulting in a change of -90.63% in its value.
24 hours ago1 month ago1 year ago
Amount18:41 today24 hours ago24h change
0.5 SOVNT$2.99NT$3
-0.34%
1 SOVNT$5.98NT$6
-0.34%
5 SOVNT$29.91NT$30.02
-0.34%
10 SOVNT$59.83NT$60.03
-0.34%
50 SOVNT$299.15NT$300.17
-0.34%
100 SOVNT$598.3NT$600.34
-0.34%
500 SOVNT$2,991.5NT$3,001.72
-0.34%
1000 SOVNT$5,983NT$6,003.44
-0.34%

SOV to TWD FAQ

How much is 1 Sovryn in TWD?
Right now, the price of 1 Sovryn (SOV) in New Taiwan dollar (TWD) is NT$5.98.
How much SOV can I buy for 1 TWD?
Based on the current exchange rate, you can get 0.1671 SOV for 1 TWD.
How do I calculate or convert SOV to TWD?
You can use our SOV to TWD calculator at the top of this page to convert any amount of SOV to TWD. We've also included quick-reference tables for the most popular conversions. For example, 5 TWD is equivalent to 0.8357 SOV, while 5 SOV will cost around 29.91TWD.
What is the highest price of SOV/TWD in history?
The all-time high price of 1 SOV in TWD is NT$1,461.98. It remains to be seen if the value of 1 SOV/TWD will exceed the current all-time high.
What is the price trend of Sovryn in TWD?
Over the past 7 days, the exchange rate of Sovryn (SOV) has gone up by 7.95%.   Over the last month, the exchange rate of Sovryn (SOV) has gone down by 5.78% against New Taiwan dollar (TWD).

What factors influence the conversion rate of SOV to TWD?

There are many factors that affect the relationship between Sovryn and New Taiwan dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SOV/TWD. When there is positive news in the market about the widespread adoption of SOV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOV/TWD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOV/TWD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SOV/TWD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Sovryn and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.