Is the GBP 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 British pound against the Vietnamese dong is to review how the GBP/VND rate has changed over time.
The table below shows the percentage change in the GBP to VND exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date | GBP/VND | Change | Period |
---|
07 Jul 2023 | 30361.84 | 0.2% ▲ | 2 Week |
22 Apr 2023 | 29217.58 | 4.1% ▲ | 3 Month |
21 Jul 2022 | 28085.80 | 8.3% ▲ | 1 Year |
22 Jul 2018 | 30218.71 | 0.6% ▲ | 5 Year |
23 Jul 2013 | 32540.97 | 6.5% ▼ | 10 Year |
26 Jul 2003 | 25005.19 | 21.6% ▲ | 20 Year |
GBP/VND historic rates & change to 21-Jul-2023
GBP/VND has dropped to 35,173, around 0.7% below the 3-month avg, due to UK inflation steady at 3.8%, raising BoE rate cut speculation. Analysts suggest GBP could face further volatility as UK economic data emerges, while VND struggles against major currencies
GBP 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 British pound are worth in Vietnamese dong across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-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 GBP to VND?
The best GBP to VND exchange rate is 34875.57 from Wise. This is -0.59% compared to the mid-market rate 35,082.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Vietnamese dong (VND) rates from different sources before making a conversion.
The above
Sterling 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 GBP-VND mid-rate and the possible savings of using various providers.
How do GBP-VND rates compare between providers?
Looking at the full
GBP to VND - Send Money comparison table the provider with the best GBP to VND exchange rate is Wise at 34875.57, -0.59% from the latest mid-market rate 35,082.
The next best is Currencies Direct at 34801.54, -0.8% from the mid-rate.
Then WorldRemit at 34555.97, which is -1.5% from the mid-rate.
The Western Union rate is 34555.97 which is -1.5% 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 GBP to VND Transfer Rates