Tourism Visas Spain

Vietnamese dollar 4 letters. Vietnamese money: dong to ruble and dollar exchange rates. What determines the Vietnamese currency exchange rate?

The monetary unit of Vietnam is the Dong. Designated or VND. Dong does not have much solvency and occupies a rather sad position in the world market.

So, due to the low value of the currency, in modern Vietnam, one dong usually means one thousand. Three zeros usually lose their meaning.

In addition to Vietnamese dong, the country readily accepts dollars (USD) - the most popular foreign currency in the country. Most often, the exchange rate to the dollar is favorable relative to other currencies. Rubles and euros are not accepted in the country and, as a result, we do not recommend exchanging it here.

Dong to ruble on average 1,000 VND = 2.6 RUB. Dollar to dong 1 USD = 22,485.46 VND.

Vietnamese currency exchange rate to ruble and dollar

*Select the required currencies and click the “Convert” button

Where can you exchange currency in Vietnam?

In Vietnam, currency is changed almost everywhere: in specialized exchange offices, in hotels, airports, and jewelry stores. Many people recommend exchanging in jewelry stores, as they are considered to have the most favorable exchange rate of the Vietnamese dong to the dollar. Most Not A profitable way to receive dongs is by exchanging or withdrawing money from a bank, since the bank adds its 2% commission to the card bank’s commission.

Using plastic cards in Vietnam

We did not take currency to Vietnam; we went only with plastic cards. Be sure to notify your bank that you intend to use the card abroad, otherwise the card will not be valid.

Withdrawing money in Vietnam is not particularly difficult; there are ATMs marked ATM on almost every corner, especially in the resort area. Look at the commission of the bank you use, a good commission will not exceed VND 50-60,000. We tried to use bank ATMs Agribank and Vietcombank, since these banks have favorable commissions. The commission is also charged by the card bank. For example, Sberbank charges about 100 rubles for its services.

Step-by-step instructions for using ATMs:

  1. Insert card;
  2. Select language: ENGLISH;
  3. Enter PIN;
  4. Select the type of operation: CASH WITHDRAW;
  5. Select account - DEFAULT;
  6. Enter the amount in dong, press ENTER or OK;
  7. Then the ATM will ask whether to print a receipt - YES;
  8. Then the commission amount will be indicated, click YES ;
  9. We take the card and check and count the money.

Vietnamese money is not very interesting. Although, who cares. I also don’t like euros as money. They are not beautiful. But dear ones 🙂 I once studied numismatics and bonistics... In Vietnam, the cash currency is the dong.

For those who just came here for the dong course. Exchange rates from the Vietnam National Bank.

Dong (Vietnamese đồng, ty nom 銅) is the monetary unit of Vietnam. Issued by the State Bank of Vietnam. Indicated by the symbols ₫ or VND. Formally divided into 10 hao (Vietnamese hào, ty-nom 毫) or 100 su (Vietnamese xu, ty-nom 樞).

The Dong is a non-convertible currency. In October 2007, the Vietnamese government adopted a plan to gradually transform it into a convertible currency and announced a course towards de-dollarization of the Vietnamese economy and the entire financial sector. Measures to implement this plan in the short term affect the Vietnamese currency in different ways.
In 2008, Vietnam had a state reserve in foreign currency of more than $20 billion. During 2009, it decreased significantly, which caused a moderate devaluation of the dong.

The currency in Vietnam has become extremely devalued. And now Vietnamese money is worth the ruble, for example... Although, wait, it’s different. 1 Russian ruble costs 400 dong. That is, the minimum of the most common banknotes among Vietnamese money, 1000 dong, is equal to 2.5 rubles.

About the exchange rate to the dollar. For one buck they give 21,400 dong (December 2014). In 2015, the dong strengthened somewhat. For 1 euro they gave 23,475 dong. Moreover, it is better to change euros in Phan Thiet at a bank. This is how cheap money is in Vietnam :)

The smallest bill I've seen is 200 dong. I found them on the street :) This is a little more than nothing. But on the reverse side of this money there is a picture of the “Belarus” tractor :) Belarusian tractor on Vietnamese dong! Great 🙂 Other facts about Vietnamese money from Wikipedia:

  • In Vietnamese, the word "dong" is used to refer to any currency unit, followed by the name of the country.
  • The word "su" (or "dong su") can also be translated as "coin".
  • Since the value of dong is extremely low, in modern Vietnam one dong usually means one thousand.
  • The 10 dong banknote of 1976 shows a TDT-40 tractor produced by the Onega Tractor Plant

So far, the largest denomination of Vietnamese money is 500,000 dong.

The protection on them is not very cool. But all the money in Vietnam is made from a mixture of plastic. You can safely launder money at sea :)

Vietnamese banknotes.
Banknotes in circulation are in denominations of 500,000, 200,000, 100,000, 50,000, 20,000, 10,000, 5,000, 2,000, 1,000, 500, 200 and 100 dong. Money in banknotes issued after 2003 has a higher degree of security.
On the front side of the banknotes there is a portrait of Ho Chi Minh (like Gandhi in India 🙂, on the reverse sides there are different drawings: Japanese bridge in Hoi An, Ha Long Bay, offshore oil platform, the ancient capital of Hue.
The banknotes have the optimal size, different colors and a pleasant, discreet design.
Checks are issued for 1,000,000 and 500,000 dong.

Samples of modern Vietnamese currency












Vietnamese coins
There are coins in circulation in 5000, 2000, 1000, 500 and 200 dong.
The 5,000 and 1,000 dong coins feature images of pagodas, and the 2,000 dong coin features an ancient Vietnamese stilt dwelling.
Due to the fact that the Vietnamese currency is one of the smallest in value, the use of coins is more limited than in other countries. Foreign tourists especially rarely have to use coins.
In the first half of the 20th century, small money coins were in circulation: hao and su, into which the dong was divided. Currently, these Vietnamese coins are only found in collections.





History of Vietnamese money from the site air-tours.ru
The Vietnamese currency is officially called the New Vietnamese Dong. Dong is pronounced "Tuyen dong[g]" in Vietnamese. Translated, “dong” means “copper” or “bronze”. Before the French colonial period, Vietnamese money was made in copper coins, hence the name.
The dollar is pronounced "don[g] do" or "do_la". Other European currencies are similar: euro - don[g] o_ro, ruble - don[g] rup. Asian currencies are somewhat different: the Chinese yuan is nyan_zan_te, the Japanese yen is yen nyat_ban.
The dong was first released in 1946 in North Vietnam. In South Vietnam, the dong began to be produced in 1952. Previously, under the French colonial administration, the piastre of French Indochina was used.

Money in the life of the Vietnamese
During the Lunar New Year (Tet) celebration, it is customary to give children money in red envelopes.
The Vietnamese's main means of savings is gold. Every year Vietnam imports several tens of tons of gold, of which approximately 15% is sold to private consumers.
As of March 31, 2010, the government is closing about 20 gold investment trading houses because they are based on “fragile fundamentals.” These trading houses were opened 2 years ago, but their contribution to the country's economy turned out to be negligible. Retail sale of gold jewelry is still allowed

I was in a Vietnamese bank. In Phan Thiet. I picked up the Western translation. Yes, in Vietnam, unlike Crimea, Western works 😉 Third world country, yeah.

The bank is quite civil. Asia is Asia. There are no queues. Hello again to Crimea 😉 Friendly staff. They help you in every possible way with your question. Service, eh.

I received my transfer in local currency without any problems. Everything is clear and neat. Computers, everything. When I picked up the check, the manager handed me a package. I say, what is this? She says - a gift, a raincoat. Present? To me? Because I took money from you here? Well, wow. I understand, I'm a tourist here and all that. But where is this even possible? Even if you brought a deposit to the bank... Third world country, wow.

Regarding how much money to take with you. Officially, without declaring it anywhere, you can bring no more than $3,000 in cash. The rest is on the cards. Withdrawing money in Vietnam is not a problem if you have an ATM. We even have them in protective booths. Asia too.

Regarding what money to take to Vietnam. Dollars. Although the euro is also being changed. As well as rubles at an unbearable exchange rate. More about how many of them you need:

— 75 bucks
housing - 250-300 dollars per month
bike rental - 8-10 bucks per day
buying a bike from $250. Then you can sell it. If you're lucky :)
meals - from 2-3 bucks at a time.
entertainment - from 1 buck :)

So calculate your budget yourself 😉

National currency - new Vietnamese dong(VND in international classification). There are 10 hao and 100 su in 1 dong.

What previously brought Russian tourists who came to Belarus and Vietnam in common? They instantly became millionaires! For 1 dollar you can get more than 23 thousand dong, and for a hundred - 2.3 million. Now the opportunity to become a millionaire remains only in Vietnam - a denomination has occurred in Belarus. For understanding: 100,000 dong is equal to approximately 275.7 Russian rubles.

Coins are almost not in use - they are more likely tourist souvenirs. The money supply is concentrated in banknotes: banknotes are issued in 500,000, 200,000, 100,000, 50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 200 and 100 dong. An important feature of Vietnamese money is that it is not paper, but plastic. All banknotes with denominations above 10 thousand dong can be safely taken with you anywhere - they do not get dirty, do not tear, and do not get wet in water.

On one side of Vietnamese banknotes there is an image of Ho Chi Minh, the founder of the Communist Party of Vietnam. On the other side you can see images of Vietnamese landmarks: Halong Bay, Temple of Literature, Japanese Bridge, Hue Old Town and others. An interesting fact, again related to Belarus: on the 200 dong banknote of the 1987 model, the Belarus tractor is depicted.

What currency to take with you to Vietnam

With you You can take both dollars and euros. Dollars are somewhat more familiar to the Vietnamese. Remember that it is more convenient and profitable to pay in local currency. The main reason for this is that no matter how you pay, you will receive change in the form of a whole armful of dongs.

Where to change currency

The state has a monopoly on the production and sale of gold. Therefore, to exchange currency, you need to go to a jewelry store. Of course, you can exchange money right at the airport, the rate there is good. Or you can drive to the resort town and look for great deals.

Feel free to go into jewelry stores and ask the sellers directly: “Exchange?” You can also exchange money in hotels (you also need to ask the staff about this service), but the exchange rate there is often extortionate.

Cashless payments

In large resort towns and villages you can easily pay with a Visa or MasterCard plastic card. If you plan to actively use the card on vacation, do not forget to warn your bank: often if there is unusual activity, your account abroad will be frozen for security reasons. There is often a situation when it is impossible to pay with a card abroad at all - this function is not available for some Russian cards. ATMs charge a fee and dispense money in dong.

How much money to take to Vietnam

Prices for goods and services in Vietnam are approximately at the same level as in Thailand. Travel in Vietnam is cheap, but tickets to national parks or museums are quite expensive. If you are not planning many excursions, take about a hundred dollars per person with you for a week - enough for souvenirs, restaurants, and entertainment.

Tricks

It is not customary to tip, but you can leave 10-15 thousand dong for maids or porters.

A 100 thousand dong note is similar to 10 thousand, and a 500 thousand note is similar to 20 thousand dong. Be sure to count your change.