About this pair
ZAR/VND: what to know
The ZAR/VND rate shows how much VND you get for 1 ZAR. Right now, 1 ZAR buys 1,598.92 VND at the mid-market rate. In the other direction, 1 VND is worth 0.000625421 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while VND responds to exports and central-bank policy.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. The Vietnamese Dong (VND) is issued by State Bank of Vietnam. The đồng has very high denominations — notes go up to 500,000.
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.