Is the EUR to VND Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Vietnamese dong is to review how the EUR/VND rate has changed over time.
The table below shows the percentage change in the EUR to VND exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| 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 |
EUR/VND historic rates & change to 21-Jul-2023
EUR to VND currently trades at 30,293, marking a 14% drop since Jan. Analysts warn that ECB's stance and geopolitical tensions could further impact the euro's value. With VND forecasts showing potential weakness, stakeholders should stay alert for market shifts
EUR to VND Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Vietnamese dong across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-VND interbank exchange rate.
Calculate actual payout amounts for
Send Money
and
Travel Money
exchange rates.
What is the
best Send Money conversion rate for EUR to VND?
The best EUR to VND exchange rate is 29956.49 from Wise. This is -0.87% compared to the mid-market rate 30,220.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Vietnamese dong (VND) rates from different sources before making a conversion.
The above
Euro to Dong comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-VND mid-rate and the possible savings of using various providers.
How do EUR-VND rates compare between providers?
Looking at the full
EUR to VND - Send Money comparison table the provider with the best EUR to VND exchange rate is Wise at 29956.49, -0.87% from the latest mid-market rate 30,220.
The next best is Western Union at 29766.71, -1.5% from the mid-rate.
Then OFX at 28762.8, which is -4.8% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
Compare EUR to VND Transfer Rates