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USD to VND Forecasts – US dollar to Vietnamese dong

Latest USD to VND forecasts including bank predictions, key market drivers and recent trends for USD/VND. See where analysts expect the pair to move and the factors likely to influence it.

 

USD to VND Forecast & Outlook

20 Jun 2026 • 01:08 GMT

USD/VND 26312

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: N/A
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, USD/VND is trading near its 3-month average within a narrow range, with the pair holding support around recent highs. The dominant driver remains risk sentiment, which is currently supporting safe-haven currencies like the USD due to geopolitical tensions. Over the next few sessions, risk-off conditions may persist, leading to further pressure on the pair. Near-term conditions suggest USD could face continued downward bias against the VND.

💸 Transfer implications

  • Expats: sending money to Vietnam may find the exchange rate less favourable than recent levels.
  • Travellers: exchanging currency might see slightly less VND for their USD.
  • Businesses: paying overseas invoices in VND could encounter less advantageous rates.

🧭 Key drivers

  • Rate gap: The USD remains supported by the Federal Reserve outlook and rate differentials, but current levels are near their 90-day average.
  • Risk/commodities: Risk-off sentiment is reinforced by geopolitical tensions, supporting USD and pressuring EMFX including VND.
  • Global factors: Middle East tensions and oil prices remain key global influences on market risk appetite.

⚠️ What could change it

  • Upside risk: Easing geopolitical tensions could reduce safe-haven demand, easing USD pressure.
  • Downside risk: A sudden escalation in global risks could intensify USD weakness and lead to a further decline.

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USDVND Bank Forecasts to end of the year

The outlook for USD/VND toward the end of the year shows a divergence of views among major institutions. MUFG suggests an upward pressure on the pair, anticipating a rise to about 26,800 due to structural reforms in Vietnam but tempered by risks from global shocks. In contrast, DBS forecasts a gradual decline in the rate, projecting it to reach 26,000 by the end of the year, reflecting confidence in the VND’s stability amid Vietnam's strong economic performance. This mixed outlook highlights potential volatility influenced by both domestic advancements and external uncertainties.

Big bank views

  • MUFG anticipates USD/VND reaching 26,800 by the end of 2026, pointing to external risks and managed depreciation.
  • DBS forecasts the pair to decline to 26,000 by the end of the year, suggesting stronger VND fundamentals.
  • MUFG also sees a left-tail risk scenario that could push the rate above 27,000 due to prolonged geopolitical tensions and oil price spikes.

What could change the outlook

  • Changes in US Federal Reserve interest rate policy could alter USD strength, impacting the USD/VND exchange rate.
  • An escalation in Middle East conflicts could drive oil prices higher, affecting Vietnam’s economic balance and VND stability.
 

USD-VND Rate Calculator

 
 
   
   
   
   
   
 
 

USD to VND Market Data

US dollar (USD) to Vietnamese dong (VND) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell USD   →   Buy VND
1 USD =
26,319We compare provider deals to this wholesale mid-market rate. Read more
VND
1d0.0%⬦
USD to VND at 26312 is near its 3-month average, having traded in a stable 0.3% range from 26288 to 26375
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Compare & Save - US dollar to Vietnamese dong

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Vietnamese dong (VND) rates from different sources before making a conversion.

Use our USD to VND calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Dollar to Dong currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the Vietnamese dong?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/VND to your personalised Rate Tracker to track and benefit from currency movements.

 
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Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more