Is the USD 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 US dollar against the Vietnamese dong is to review how the USD/VND rate has changed over time.
The table below shows the percentage change in the USD to VND exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
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 |
USD/VND historic rates & change to 21-Jul-2023
USD to VND update: Current rate at 26,378 reflects stable trading, with analysts forecasting a potential 3% depreciation of the VND this year due to economic pressures. Watch for U.S. GDP data and Fed leadership changes as they may influence future rates
USD 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 US dollar are worth in Vietnamese dong across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-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 USD to VND?
The best USD to VND exchange rate is 26203.36 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.
The above
Dollar 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 USD-VND mid-rate and the possible savings of using various providers.
How do 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 26203.36.
The next best is Western Union at 25952.8.
Then WorldRemit at 25741.8, .
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 USD to VND Transfer Rates