VND/CNH: what to know
The VND/CNH rate shows how much CNH you get for 1 VND. Right now, 1 VND buys 0.000261598 CNH at the mid-market rate. In the other direction, 1 CNH is worth 3,822.67 VND.
In the short term VND is driven mainly by exports and central-bank policy, while CNH responds to sentiment toward China and offshore flows.
The Vietnamese Dong (VND) is issued by State Bank of Vietnam. The đồng has very high denominations — notes go up to 500,000. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.