![]() Most banks charge from VND 40,000 to 100,000 (USD 2–5) each time. Charging fees also vary from bank to bank. Generally the maximum amount is from VND 2,000,000 to 5,000,000 VND 8,000,000 to 10,000,000 for a few global banks or up to VND 2,000,000 in rural districts. When you withdraw from ATMs, all foreign currencies will be automatically changed to VND based on the bank rate at that time.ĪTMs have limits. Therefore, it's best to bring a card with a magnetic stripe on the back. You may be charged a 3%–4% commission if paying with plastic.ĪTMs are available in major cities and tourist areas of Vietnam, but chip-and-pin ATMs are not easy to find. At the moment of writing this article, 1 US Dollar equals to VND 23,212.ĭebit and credit cards like Visa and MasterCard are widely accepted in Vietnam, especially in hotels or shopping malls, but probably not suitable for a roadside stall or a noodle house. In recent years, the exchange rate of Vietnam Dong to US Dollar is between VND 22,500 to 23,500. You can check the rate and use currency converter tools online, and ask around to choose the best deal. With no fees, the exchange rate is considerably better than that in hotels, banks and airports. Gold and Jewelry shops: You can go to the gold and jewellery stores, usually in red and gold colors, on every main street for better deals. Therefore, it's best to change a small sum to cover your taxi fare and head to town for a better rate. However, the exchange rate is unfavorable here. And small hotels may charge a service fee.Īirports: You will find some currency exchange stalls when arriving at the airport of Hanoi and Ho Chi Minh City. Hotels: You can get a more competitive rate by changing your currency in large hotels, nearly equal to the bank. And if your notes are dirty or damaged, you will be charged an additional 2% of the note's value. But it's a slow process and you'll be charged a commission rate of between 0.5% to 2%. Other currencies including Euros, AUD and UK Pounds can be changed in banks.īanks: You can change foreign currency and checks at the safest place - banks such as Eximbank, Vietcombank, Vietinbank, Agribank, etc, around the city. US Dollars can easily be changed in banks, hotels, airport money exchange stalls and jewelry shops. Most major currencies can be changed in Vietnam. However, it is not recommended to pay with US dollars, because they will be converted at a lower exchange rate and you will end up paying more. You may see the prices for food, drinks, and souvenirs in Ho Chi Minh City's airport are all in US dollars. Most payments are made with Vietnamese Dong, but US dollars can be directly used for some hotels, restaurants, tours, or other services. Vietnamese Dong or US Dollar, which is the best currency to use in Vietnam? Since polymer money was put into use starting in 2003, now only paper notes with a value of VND 1,000, VND 2,000 and VND 5,000 are still valid in Vietnam. The Vietnamese Dong (VND symbol: ₫) is the official currency of Vietnam. Let us help you know the currency and money to help you plan your budget. One of the main reasons why many tourists are cheated in shopping and payment is that they are not familiar with the currency and prices of Vietnam. By using website you agree to the cookies policy.Getting ready for your Vietnam trip? Plan your travel budget and money first. We use cookies to improve your experience and to make your stay with us more comfortable. Reprint of the materials is available only with the permission of the editorial staff. The entire responsibility for the contents rests with the commentators. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. ![]() All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Prior to making transactions one should get acquainted with the risks to which they relate. The usage of this website constitutes acceptance of the following legal information.Īny contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
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