{"id":10802,"date":"2019-03-17T20:25:11","date_gmt":"2019-03-17T13:25:11","guid":{"rendered":"https:\/\/www.ecohostasia.com\/?p=10802"},"modified":"2019-03-22T14:47:39","modified_gmt":"2019-03-22T07:47:39","slug":"vietnam-money-exchange-rate-currencies","status":"publish","type":"post","link":"https:\/\/www.ecohost.vn\/en\/vietnam-money-exchange-rate-currencies\/","title":{"rendered":"Vietnam Money & Exchange Rate to Other Currencies"},"content":{"rendered":"

Which local currency you should use when going to a specific country is one of the most significant subjects that travelers should search before visiting as you are not going to get too far without knowing anything about its currency. So, what\u2019s the story on money in Vietnam? Ecohost will take away all your confusions regarding which currency to use as well as money tips during your Vietnam eco-tours<\/a>.<\/p>\n

Vietnam Money Exchange Rate<\/span><\/h2>\n

The first step to use the Vietnam Dong (VND) properly is to understand the exchange rate. The easiest way is to bear in mind that $1 \u2248 23, 000 VND and the exchange rates will fluctuate.<\/p>\n

Except for US Dollars, many banks in Vietnam still exchange VND for these international currencies.<\/p>\n

\u2022 British Pound: 1 GBP \u2248 29,000
\n\u2022 Euro: 1 EUR \u2248 25,000 VND
\n\u2022 Canadian Dollar: 1 CAD \u2248 16,000 VND
\n\u2022 Japanese Yen: 1 JPY \u2248 200 VND
\n\u2022 Singaporean Dollar: 1 SGD \u2248 16,000 VND
\n\u2022 Taiwanese Dollar: 1 TWD \u2248 500 VND
\n\u2022 Hong Kong Dollar: 1 HKD \u2248 3,000 VND
\n\u2022 Swiss Franc: 1 CHF \u2248 22,000 VND
\n\u2022 New Zealand Dollars: 1 NZD \u2248 15,000 VND
\n\u2022 Thai: 1 THB \u2248 700 VND
\n\u2022 Australian Dollar: 1 AUD \u2248 17,000 VND<\/p>\n

Where to Exchange Your Vietnam Money <\/span><\/h2>\n

Money exchange shops and jewelry stores are at the best to get the most reasonable rates. If you want to be more secure about your transaction, consider exchanging your money at bank branches or ATM. However, it takes more time to carry out the transactions in the bank since you must fill up some forms and present required documents (passport). Some banks I would like to recommend to you are Vietcombank (VCB), Asia Commercial Bank (ACB), Techcomebank, Military Commercial Joint Stock Bank (MB Bank), HSBC and Exim Bank.
\nIn case you prefer to exchange money in the exchange shops and jewelry stores, consider the following trustful ones.
\nQuoc Trinh Gold Shop<\/strong>
\n\u2022 Address: 27 Ha Trung, Hoan Kiem District, Ha Noi, Vietnam
\n\u2022 Phone: +84 4 3826 8856
\n\u2022 Opening hours: Sunday to Friday 08:00 \u2013 22:00<\/p>\n

Hanoi Money Exchange<\/strong>
\nAddress: 19B Hang Be, Hoan Kiem District, Ha Noi, Vietnam
\n\u2022 Phone: +84 4 3990 1733
\n\u2022 Opening hours: Monday to Saturday 09:00 \u2013 18:00*<\/p>\n

Kim Linh Jewelry<\/strong>
\n\u2022 Address: 67 Hang Bac, Hoan Kiem District, Ha Noi, Vietnam
\n\u2022 Phone: +84 4 3825 3649
\n\u2022 Opening hours: Monday to Saturday 8:30 \u2013 18:00<\/p>\n

Identify the Vietnam Currency Value
\n<\/span><\/h2>\n

One thing you need to know is that the Vietnamese have stopped using coins since 2011. To make it easier to remember, I will offer 2 groups based on the material of the notes including the paper family and the polymer family.<\/p>\n

The Paper Family <\/span><\/h3>\n

VND 5,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 2,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 1,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 500<\/span><\/h4>\n

\"VND<\/a><\/p>\n

The Polymer Family <\/span><\/h3>\n

This is \u201cmember note\u201d from the middle and upper class, so you will be more powerful in your pocket if it is filled up with the notes from the polymer. However, be careful when you use the 20,000 VND and 500,000 VND because the colors of those are similar to each other, only different when it comes to the shade.<\/p>\n

VND 500,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 200,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 100,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 50,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 20,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

VND 10,000<\/span><\/h4>\n

\"VND<\/a><\/p>\n

Tips for Using Vietnam Money
\n<\/span><\/h2>\n

Check Your Money Carefully <\/span><\/h3>\n

As a fact that the currency system is unfamiliar to you, some bad sellers try to scam you. To stop being scammed, check the zeros before you hand the notes in and after you receive the change.<\/p>\n

Make Mistakes due to the Material <\/span><\/h3>\n

The polymer money can stick together easily, especially when they are wet, so ensure that you flick the notes carefully in order not to pay more (or less) than you have to.<\/p>\n

Use the Letter K instead of Thousand <\/span><\/h3>\n

It is common for you to see lots of price tags with the letter \u201cK\u201d following the number. For instance: 50k, 100k, or 500k. It is just a way that Vietnamese simplify the amount. The \u201cK\u201d symbolizes a thousand. It means that 50k = 50,000d; 100k = 100,000d; 500k = 500,000d, etc.<\/p>\n

The Purse Tip <\/span><\/h3>\n

To avoid paying the wrong notes, especially the confusing couple 500k and 20k or 200k and 10k, I truly recommend that you take advantage of purse\u2019s 2 compartments to separate the big money and little one.<\/p>\n

Avoid Black Market <\/span><\/h3>\n

It is for sure that you don\u2019t want to become a victim of the scam, so avoid changing currency in the black market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Which local currency you should use when going to a specific country is one of the most significant subjects that travelers should search before visiting as you are not going to get too far without knowing anything about its currency. So, what\u2019s the story on money in Vietnam? Ecohost will take away all your confusions […]<\/p>\n","protected":false},"author":1,"featured_media":10805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[],"class_list":["post-10802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecohost-blog"],"_links":{"self":[{"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/posts\/10802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/comments?post=10802"}],"version-history":[{"count":4,"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/posts\/10802\/revisions"}],"predecessor-version":[{"id":10823,"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/posts\/10802\/revisions\/10823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/media\/10805"}],"wp:attachment":[{"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/media?parent=10802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/categories?post=10802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ecohost.vn\/en\/wp-json\/wp\/v2\/tags?post=10802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}