Sing Dollar to Vietnam Dong Currency Conversion and Travel Tips

As you prepare for your trip to Vietnam, exchanging your Sing Dollar for Vietnamese Dong is a crucial step. The exchange rate is approximately 1 SGD to 16,000 VND, which is a significant fluctuation.

Vietnam has a relatively stable economy, which has led to a stable currency. The Vietnamese Dong (VND) is the official currency, and it's essential to have some local currency for your trip.

You can exchange your money at the airport, banks, or currency exchange offices. Be aware that the exchange rates may vary, and some places may charge commission fees.

To get the best exchange rate, it's recommended to exchange your money at a bank or a currency exchange office, rather than at the airport.

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The SGD to VND exchange rate has seen its fair share of fluctuations over the years.

In the past six months, the SGD/VND rate has decreased by -1.44%, indicating a decrease in the value of the Singapore Dollar compared to the Vietnamese Dong.

If you're looking to view rates between the two currencies for a specific year, you can check out our list of available years: 2025202420232022202120202019201820172016

The SGD to VND exchange rate has reached its highest value in the past, specifically on the 10/22/2024, which was 3 months ago.

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Understanding Exchange Rates is crucial when converting SGD to VND. The exchange rate between SGD and VND is constantly fluctuating, influenced by market forces and economic conditions.

The exchange rate can be influenced by various factors, including interest rates, inflation, and the balance of trade between the two countries. This means that the value of SGD can increase or decrease relative to VND.

In the past, the Singapore dollar has been relatively stable against the Vietnamese dong, with a stable exchange rate of around 16,000 VND per SGD. However, this rate can change quickly due to economic fluctuations.

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Understanding the factors that affect exchange rates is crucial to navigating the world of international transactions. Economic indicators, such as GDP growth, inflation, and interest rates, can significantly impact the exchange rate.

GDP growth, for instance, can influence a country's currency value. A country with a high GDP growth rate may see its currency appreciate in value.

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Inflation rates can also play a role in exchange rates. A country with high inflation may see its currency depreciate in value.

Central bank decisions, such as interest rate changes, can also affect the exchange rate. Higher interest rates can attract foreign investors, causing the currency to appreciate.

Geopolitical events, such as elections and trade agreements, can also influence the exchange rate. These events can create uncertainty and volatility in the market, leading to fluctuations in the exchange rate.

Here are some key factors that can affect exchange rates:

An exchange rate is a price for one currency in terms of another currency. It's the rate at which you can exchange one currency for another.

In simple terms, an exchange rate is the amount of one currency you can get for another currency. For example, if the exchange rate is 1 USD = 0.80 EUR, you can get 0.80 euros for every 1 US dollar.

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Exchange rates are constantly changing due to various market and economic factors. They can be influenced by things like interest rates, inflation, and government policies.

The exchange rate between two currencies can fluctuate rapidly, sometimes by a few cents or even several dollars. This can affect the price of goods and services when imported or exported.

To give you a better idea, let's say you're planning a trip to Europe and you exchange 1000 USD for euros. If the exchange rate is 1 USD = 0.80 EUR, you'll get 800 euros.

Buying and selling currencies can be a complex process, but understanding the basics can make a big difference.

As of Saturday, January 18, 2025, the current exchange rate for 1 SGD is 18,555.96988 VND. You can also exchange 12 SGD for 222,671.63852 VND or 100 SGD for 1,855,596.98764 VND.

If you're planning to buy currencies, it's essential to know the conversion rates. For example, 60 SGD is equivalent to 1,113,358.19259 VND, while 120 SGD is equivalent to 2,226,716.38517 VND.

Exchange rates fluctuate constantly, making it difficult to determine if today is a good day to buy a currency. Central banks publish historical data on exchange rates, which can help you make an informed decision.

Whether today is a good day to buy depends on various economic factors, such as market dynamics. You can check financial news sources for the most accurate information.

You can also use services like TransferGo, which try to offer the best exchange rate. However, the best exchange rate is not always guaranteed, and fluctuations can occur at any time.

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The worst day to change Singapore Dollar (SGD) in Vietnamese Dong (VND) was 19 years ago, on July 17, 2006, when the exchange rate had fallen to its lowest value.

To put this in perspective, on that day, 12 SGD was only worth 120,220.42886 VND, a far cry from today's rate.

If you're considering changing your currencies, it's essential to check the current exchange rate. As of January 18, 2025, 12 SGD is equivalent to 222,671.63852 VND.

Here's a rough idea of the exchange rate over the past few days:

Keep in mind that exchange rates can fluctuate rapidly, so it's crucial to stay up-to-date.

If you're planning to change a significant amount of money, it's a good idea to check the exchange rate for larger denominations. For example, 100 SGD is currently equivalent to 1,855,596.98764 VND.

Remember, the exchange rate can have a significant impact on the value of your money, so it's essential to make informed decisions.