About this pair
VND/MYR: what to know
The VND/MYR rate shows how much MYR you get for 1 VND. Right now, 1 VND buys 0.000157739 MYR at the mid-market rate. In the other direction, 1 MYR is worth 6,339.57 VND.
In the short term VND is driven mainly by exports and central-bank policy, while MYR responds to commodity prices and regional demand.
The Vietnamese Dong (VND) is issued by State Bank of Vietnam. The đồng has very high denominations — notes go up to 500,000. The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars.
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.