The live mid-rate USD to VND exchange rate is 25,822. Compare currency conversion rates - Reduce FX costs.
The best USD to VND exchange rate is 25653.73 from Wise.
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.
Looking at our comparison table the best USD to VND exchange rate is 25653.73 from Wise. The next best rate is 25408.43 from Western Union. Then WorldRemit with 25201.86.
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.
The Dollar to Dong comparison table above 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 USD-VND mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Vietnamese dong (VND) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/VND | Change | Period |
---|---|---|---|
07 Jul 2023 | 23649.06 | 0% ▲ | 2 Week |
22 Apr 2023 | 23496.25 | 0.7% ▲ | 3 Month |
21 Jul 2022 | 23413.72 | 1% ▲ | 1 Year |
22 Jul 2018 | 22986.87 | 2.9% ▲ | 5 Year |
23 Jul 2013 | 21207.11 | 11.6% ▲ | 10 Year |
26 Jul 2003 | 15463.21 | 53% ▲ | 20 Year |
Here are some popular conversion amounts for USD to VND (US dollar to Vietnamese dong)*.
*Converted at the current USDVND interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The latest forecasts for the USD to VND exchange rate reflect a complex interplay of market dynamics, particularly influenced by geopolitical tensions and economic indicators. Recently, the US dollar has faced significant selling pressure, primarily due to renewed trade hostilities between the US and China. Analysts note that an escalation in tariffs has contributed to recession fears, leading to a dip in confidence for the dollar. As a result, the USD has reached 7-day lows near 25,757 VND, remaining 1.1% above its three-month average of 25,478 VND.
Read our full review of recent USD to VND forecasts.
There are several ways to save on exchange rates when converting US dollar to Vietnamese dong:
Generally speaking, if you are buying Vietnamese dong with US dollar, then it's better for the USD/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.
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 USD/VND to your personalised Rate Tracker to track and benefit from currency movements.
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
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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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