About this pair
VND/USD: what to know
The VND/USD rate shows how much USD you get for 1 VND. Right now, 1 VND buys 0.000038 USD at the mid-market rate. In the other direction, 1 USD is worth 26,315.79 VND.
In the short term VND is driven mainly by exports and central-bank policy, while USD responds to Fed policy, US growth 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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US 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.