Vietnamese Dong
VNDOfficial Currency of Vietnam
Economic Profile & Role of Vietnamese Dong
The Vietnamese Dong is managed by the State Bank of Vietnam within a daily crawling peg band against the US Dollar to support the country’s high-growth export manufacturing engine.
Exchange rates for the Vietnamese Dong are influenced by key macroeconomic factors including central bank interest rate policy, national gross domestic product (GDP) performance, balance of trade, sovereign debt levels, and foreign direct investment (FDI). When transferring or exchanging VND, understanding these underlying fundamentals allows consumers and businesses to anticipate volatility and secure favorable timing.
Quick VND Conversion Benchmark Units
Common transaction multiples for Vietnamese Dong (VND) used for budgeting, international remittances, and travel expenses.
Popular VND Currency Exchange Pairs
Click any pair below to inspect real-time mid-market rates, historical trend charts, and transfer fee breakdowns.
Frequently Asked Questions about Vietnamese Dong
What is the official currency code and symbol for Vietnamese Dong?
The official ISO 4217 currency code for the Vietnamese Dong is VND, and its conventional currency symbol is ₫.
Which authority or central bank issues the VND?
The Vietnamese Dong is regulated and issued by State Bank of Vietnam (SBV).
What is the subunit of Vietnamese Dong?
The standard fractional denomination or subunit of the Vietnamese Dong is Hào / Xu (historical).
How do I convert VND to other global currencies without hidden fees?
To get the true value of your VND, always benchmark transactions against the mid-market rate. You can use our live currency converter tools to check real-time exchange rates before initiating a bank transfer.