Convert Us Dollar to Vietnamese Dong with Current Exchange Rate

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Detailed photo of US hundred dollar bills showing Benjamin Franklin and US currency design.
Credit: pexels.com, Detailed photo of US hundred dollar bills showing Benjamin Franklin and US currency design.

To convert US dollars to Vietnamese Dong, you'll need to know the current exchange rate. As of now, 1 USD is equivalent to approximately 23,000 VND.

The exchange rate can fluctuate depending on various market and economic factors. This means that the value of the VND can change over time, affecting the amount you receive when converting your US dollars.

To get the most up-to-date exchange rate, you can check online currency conversion tools or visit a local currency exchange office. Many online banking platforms and travel websites also provide real-time exchange rates.

In Vietnam, you can exchange your US dollars at a bank, currency exchange office, or even some hotels and resorts.

Exchange Rate

The exchange rate between the US dollar and the Vietnamese dong is a crucial factor to consider when converting US dollars to Vietnamese dongs. The exchange rate can fluctuate significantly, making it essential to stay up-to-date with the current rate.

Consider reading: Vietnam Dong Value

Credit: youtube.com, Converting Vietnamese dong to USD. Avoid the 100,000 - 10,000 scam

As of 2024, the exchange rate is approximately 25,287 VND per 1 USD. However, this rate can vary depending on the source and the time of conversion. For instance, a 30-day average exchange rate in 2024 is around 25,421.9867 VND per 1 USD.

One of the most significant factors affecting the exchange rate is the devaluation of the Vietnamese dong. In 2009, the government decided to devalue the dong by 5% to 8% in an effort to stabilize the financial markets. This move had a significant impact on the exchange rate, leading to a devaluation of 3.25% in February 2010 and another devaluation of 2.04% in August 2010.

To give you a better idea of the exchange rate fluctuations, here's a table showing the exchange rate over the past few years:

Keep in mind that these exchange rates are subject to change and may not reflect the current rate. It's essential to check the current exchange rate before making any conversions.

If you're looking to convert US dollars to Vietnamese dongs, you can use a currency converter or consult with a financial expert to get the most up-to-date information.

Currency of Vietnam

Credit: youtube.com, How Many Vietnamese Dong Can You Get for a US Dollar?

The currency of Vietnam is the Vietnamese Dong, denoted by the symbol VND. It's the official currency of Vietnam and is widely accepted throughout the country.

To convert US dollars to Vietnamese dongs, you can use a free currency converter with average exchange rates. The prices shown are indicative only and can't be taken as an offer to contract.

You can easily convert US dollars to Vietnamese dongs by following a few simple steps. Simply type in the box how much you want to convert, select USD as the currency you want to convert from, and VND as the currency you want to convert to.

Our currency converter will show you the current USD to VND rate and how it's changed over the past day, week, or month.

A unique perspective: 20 Vietnamese Dong to Usd

History and Background

The history of the US dollar to Vietnamese dong exchange rate is a fascinating topic. As of January 2025, the exchange rate was relatively stable, with 1 USD equaling 25379 VND on multiple days.

Credit: youtube.com, Why is Vietnam's Dong so Weak?

The data shows that the exchange rate remained consistent from January 11 to 13, 2025, with 1 USD equaling 25371.06 VND. This suggests a brief period of stability in the market.

Here's a snapshot of the exchange rate fluctuations in early January 2025:

The exchange rate fluctuated significantly on January 14, 2025, reaching 25400.06 VND, but returned to 25371.06 VND on January 13, 2025.

History

The history of the US dollar to Vietnamese dong exchange rate is a fascinating topic. On 18 January 2025, the exchange rate was 1 USD = 25379 VND.

The exchange rate remained the same on 17 January 2025, with 1 USD still equal to 25379 VND. This stability can be a reassuring sign for travelers and businesses.

However, on 16 January 2025, the exchange rate increased slightly to 1 USD = 25385 VND. This small change may not seem significant, but it can add up over time.

Detailed image of hands exchanging a crisp one hundred dollar bill, symbolizing financial transactions.
Credit: pexels.com, Detailed image of hands exchanging a crisp one hundred dollar bill, symbolizing financial transactions.

The exchange rate continued to fluctuate, reaching a high of 1 USD = 25400.06 VND on 14 January 2025. This is the highest rate mentioned in the data.

On the other hand, the exchange rate dropped to 1 USD = 25371.06 VND on 13 January 2025. This is the lowest rate mentioned in the data.

Here's a summary of the exchange rates for the first 14 days of January 2025:

Currency Devaluation

In November 2009, the Vietnamese government made a bold move by devaluing the Vietnamese dong by 5% and raising interest rates to 8%.

This decision was seen as a way to gain an advantage over European and American markets, but it also had the potential to destabilize financial markets in Asia.

The State Bank of Vietnam (SBV) adjusted the interbank exchange rate between the Vietnamese dong (VND) and the US dollar (USD) to 18,544 VND/USD in February 2010, a devaluation of 3.25% from the previous rate.

The SBV further devalued the VND by 2.04% to 18,932 VND/USD in August 2010, increasing the exchange rate by 388 dong.

On February 11, 2011, the SBV increased the interbank exchange rate between USD and VND by a significant 9.3% to 20,693 VND.

For another approach, see: Taux De Change 100 Franc Suisse / Dollar

Frequently Asked Questions

What can you buy with 20,000 dong in Vietnam?

With 20,000 Dong in Vietnam, you can buy a bowl of noodles at a street food vendor or upgrade to a Vietnamese barquette (Banh Mi) for a few thousand more.

Krystal Bogisich

Lead Writer

Krystal Bogisich is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for storytelling, she has established herself as a versatile writer capable of tackling a wide range of topics. Her expertise spans multiple industries, including finance, where she has developed a particular interest in actuarial careers.

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