About this pair
VND/JPY: what to know
The VND/JPY rate shows how much JPY you get for 1 VND. Right now, 1 VND buys 0.00598705 JPY at the mid-market rate. In the other direction, 1 JPY is worth 167.0273 VND.
In the short term VND is driven mainly by exports and central-bank policy, while JPY responds to Bank of Japan policy and global risk appetite.
The Vietnamese Dong (VND) is issued by State Bank of Vietnam. The đồng has very high denominations — notes go up to 500,000. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
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.