Is the AUD 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 Australian dollar against the Vietnamese dong is to review how the AUD/VND rate has changed over time.
The table below shows the percentage change in the AUD to VND exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date | AUD/VND | Change | Period |
---|
07 Jul 2023 | 15783.38 | 0.9% ▲ | 2 Week |
22 Apr 2023 | 15723.63 | 1.3% ▲ | 3 Month |
21 Jul 2022 | 16207.21 | 1.8% ▼ | 1 Year |
22 Jul 2018 | 17083.07 | 6.8% ▼ | 5 Year |
23 Jul 2013 | 19650.75 | 19% ▼ | 10 Year |
26 Jul 2003 | 10247.49 | 55.4% ▲ | 20 Year |
AUD/VND historic rates & change to 21-Jul-2023
AUD/VND trading at approx. 17,307, up 1.4% from the 3-month avg. of 17,072. Analysts see mixed signals: RBA's recent rate cut to 3.85% may deter foreign investment while the VND faces pressures from U.S. tariffs. Expect continued volatility amid shifting economic indicators
AUD 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 Australian dollar are worth in Vietnamese dong across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-VND interbank exchange rate.
Calculate actual payout amounts for
Send Money
and
Travel Money
exchange rates.
What is the
ING Bank Send Money conversion rate for AUD to VND?
The ING Bank AUD to VND exchange rate is 15982.52. This is - compared to the latest AUD-VND mid-market rate 17,310.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Vietnamese dong (VND) rates from different sources before making a conversion.
The above
ING Bank - Aussie to Dong comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
ING Bank and other foreign exchange providers against the latest AUD-VND mid-rate and the possible savings of using various providers.
How do ING Bank AUD-VND rates compare between providers?
Looking at the full
AUD to VND - Send Money comparison table the provider with the best AUD to VND exchange rate is Wise at 17197.08.
The next best is Currencies Direct at 17171.11.
Then Western Union at 17136.49, .
Among the banks the Commonwealth Bank rate is 16177.26 and the ING Bank rate is 15982.52 compared to the mid-rate 17,310.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like ING Bank 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.