#EUR/VND hits 29,229, up 7.8% from 3mo avg. Analysts credit German coalition govt for recent rally. Watch ECB policy & oil prices (down 11.9%) for future direction as political stability boosts EUR despite Ukraine tensions
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EUR to VND Market Data
Euro (EUR) to Vietnamese dong (VND) market data - latest interbank exchange rate, trend, chart & historic rates.
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EUR to VND at 29229 is 7.8% above its 3-month average of 27112, having traded in a rather volatile 14.0% range from 25656 to 29254
|Tracker
| Date | EUR/VND | Change | Period |
|---|---|---|---|
07 Jul 2023 | 25940.65 | 1.5% ▲ | 2 Week |
22 Apr 2023 | 26072.61 | 1% ▲ | 3 Month |
21 Jul 2022 | 23929.89 | 10.1% ▲ | 1 Year |
22 Jul 2018 | 26988.51 | 2.4% ▼ | 5 Year |
23 Jul 2013 | 27996.04 | 5.9% ▼ | 10 Year |
26 Jul 2003 | 17770.66 | 48.2% ▲ | 20 Year |
What are equivalent amounts of EUR and VND?
Here are some popular conversion amounts for EUR to VND (Euro to Vietnamese dong)*.
*Converted at the current EURVND interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Forecasts for EUR to VND
Recent forecasts and market updates indicate that the EUR to VND exchange rate will be influenced by a combination of geopolitical tensions, economic performance, and monetary policy decisions by the European Central Bank (ECB). The euro (EUR) has recently displayed strength, trading at 29,229 VND, which is 7.8% above its three-month average of 27,112 VND. Analysts note that this strength reflects a volatile trading range of 14%, with movements between 25,656 and 29,254 VND.
Read our full review of recent EUR to VND forecasts.
How to get a good EUR to VND exchange rate
There are several ways to save on exchange rates when converting Euro to Vietnamese dong:
- Shop around for the best EUR/VND exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
- Timing is important: Keep an eye on the EUR/VND rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
- Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and VND at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
- Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.
The key is reducing excessive costs and fees
Generally speaking, if you are buying Vietnamese dong with Euro, then it's better for the EUR/VND exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Vietnam — a practical currency and money guide to travel in Vietnam plus living and doing business with the Vietnamese dong.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
Will the Euro 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 EUR/VND to your personalised Rate Tracker to track and benefit from currency movements.
Track Rate
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Currency Country Guides
| Eurozone (EUR) | Vietnam (VND) |
Related exchange rates
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
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