If you're planning a trip to Vietnam or need to send money to someone there, understanding the exchange rate between the US dollar and the Vietnamese dong is crucial. The current exchange rate is approximately 1 USD to 23,000 VND.
In 2022, the exchange rate fluctuated between 21,000 and 24,000 VND per USD. This means that if you exchange 20 USD, you'll get around 420,000 to 480,000 VND.
Additional reading: Baht Thai to Vnd
Exchange Rates
The exchange rate between the US Dollar (USD) and the Vietnamese Dong (VND) is a crucial factor to consider when converting 20 USD to VND. The highest USD to VND exchange rate in the last 30 days was 25,486.23 ₫.
Over the last 90 days, the exchange rate has been quite volatile, with a total change of +2.35%. This means that the value of the US Dollar against the Vietnamese Dong has increased over time. The average exchange rate for the last 90 days was 25,323.07 ₫.
Take a look at this: 25 Nzd to Usd
If you're looking to exchange 20 USD to VND today, you can expect to receive approximately 25,425 VND, based on the current exchange rate. This is the best rate available as of January 5, 2025, at 04:00 PM UTC.
Here's a summary of the exchange rate fluctuations in the last 30 and 90 days:
The US Dollar has gained purchasing power compared to the Vietnamese Dong over the last decade, with an appreciation of +12.77%. This is a significant change, and it's essential to consider this factor when converting 20 USD to VND.
Converting US Dollars
To convert US dollars to Vietnamese dong, you simply need to type in the box how much you want to convert.
The process is straightforward: type in the amount, select USD as the currency to convert from and VND as the currency to convert to, and our currency converter will show you the current USD to VND rate.
Our currency converter will also show you the current USD to VND rate and how it's changed over the past day, week or month.
You can see the current USD to VND rate is 1 USD = 25,425 VND, making the US Dollar stronger than the Vietnamese Dong.
Here's a quick summary of the current USD to VND stats:
- 30 day high: 25,488.1000
- 30 day low: 25,336.5000
- 30 day average: 25,424.5400
- 30 day change: -0.45%
Historical Data
The US dollar has been trading against the Vietnamese dong since the 1990s.
The exchange rate has fluctuated significantly over the years, with a high of around 12,000 VND to 1 USD in 2008.
In 2011, the exchange rate was around 18,000 VND to 1 USD.
This was largely due to the global economic downturn and a decline in Vietnam's exports.
By 2015, the exchange rate had dropped to around 21,000 VND to 1 USD.
The Vietnamese government implemented policies to stabilize the economy and attract foreign investment.
In recent years, the exchange rate has continued to fluctuate, but at a slower pace.
The current exchange rate is around 23,000 VND to 1 USD, as of 2022.
Recommended read: Vietnamese Dong Currency Denominations
News and Analysis
Vietnam's central bank is ready to sell U.S. dollars to keep the exchange rate stable, according to Governor Nguyen Thi Hong. This move aims to maintain stability in the market.
Typhoon Yagi, Asia's most powerful storm this year, has caused significant damage in Vietnam, with estimated costs of around $1.6 billion. This may impact the country's growth rate.
Bank of America forecasts a rise in the USD/CNY exchange rate, projecting a peak of 7.45 by the second quarter of 2024. This could have implications for Vietnam's economy, particularly in terms of trade and investment.
Here's a brief summary of the key points:
News & Analysis
Vietnam's central bank is ready to sell US dollars to the market to keep the exchange rate stable, Governor Nguyen Thi Hong said. This move aims to maintain stability in the face of economic fluctuations.
Typhoon Yagi, Asia's most powerful storm this year, cost Vietnam roughly $1.6 billion and may cut into the country's growth rate. The storm's impact is a significant concern for Vietnam's economy.
The USD/VND rate is up +4.39%, meaning the US Dollar has increased in value compared to the Vietnamese Dong. This change is a notable trend in the currency market.
Bank of America (BofA) forecasts a rise in the USD/CNY exchange rate, projecting a peak of 7.45 by the second quarter of 2024. Their predictions suggest a bearish outlook for Asian currencies.
Vietnam may allow companies to import gold for the first time in years, according to an industry official. This potential change could have significant implications for Vietnam's gold market.
Here's a summary of the recent developments in Vietnam's economy:
Hôm Nay?
The current exchange rate for USD to VND is around 25,000 - 25,500 VND per USD, with slight variations depending on the bank and the time of day.
You can check the latest exchange rates at various banks in Vietnam, such as Vietcombank, Agribank, and Vietinbank, which are listed below:
Note that these exchange rates are subject to change and may vary depending on market conditions and other factors.
The central bank of Vietnam is ready to sell US dollars to the market to keep the exchange rate stable, according to Governor Nguyen Thi Hong.
Typhoon Yagi, Asia's most powerful storm this year, cost Vietnam roughly $1.6 billion and may cut into the country's growth rate, according to preliminary estimates.
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