What is the
best Send Money conversion rate for USD to VND?
The best USD to VND exchange rate is 25970.26 from Wise. This is -1.3% compared to the mid-market rate 26,319.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Vietnamese dong (VND) rates from different sources before making a conversion.
The above
HSBC - Dollar to Dong comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
HSBC and other foreign exchange providers against the latest USD-VND mid-rate and the possible savings of using various providers.
How do HSBC USD-VND rates compare between providers?
Looking at the full
USD to VND - Send Money comparison table the provider with the best USD to VND exchange rate is Wise at 25970.26, -1.3% from the latest mid-market rate 26,319.
The next best is Western Union at 25898.14, -1.6% from the mid-rate.
Then OFX at 25053.82, 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 like HSBC 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 USD to VND Transfer Rates