Vietnamese Dong
(VND) Insights
Currency of fast-growing SE Asian manufacturing hub; rising global electronics/textiles exporter (Samsung major FX source); increasingly integrating with global trade as China+1 strategy beneficiary
Live Data Feed
VND Live Converter
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Real-time interbank rate: Live data unavailable
Currency Snapshot
Technical specifications, central bank governance, and market standing for Vietnamese Dong.
VND
Standardized ISO 4217 Currency Code
₫
Unicode Glyphs & Display Symbol
1/10 = Hào (not in practical use) Decimals
Subdivision unit definition
Vietnam
State Bank of Vietnam (SBV)
State Bank of Vietnam (SBV)
Managed float against USD basket (±3% band from SBV daily rate)
Market-determined exchange rate mechanism
Currency Standard: Fiat (managed float)
Classified as Fiat (managed float) in global trade networks
Banknotes
₫10
Coins
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Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Vietnamese Dong, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to State Bank of Vietnam (SBV).
VND Market Insights
Deep-dive analysis of the Vietnamese Dong's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower electronics export competitiveness; lower remittance values in dong
Weak Currency Impact
Boosts manufacturing export competitiveness; higher import costs; attracts FDI seeking cheap manufacturing
Remittance Role
Vietnam is significant remittance receiver (~$17 billion/year); major sources are USA (Viet Kieu – overseas Vietnamese), South Korea, Taiwan, Australia
Central Bank Tools
Refinancing Rate, Rediscount Rate, FX interventions, Daily Reference Rate
Common Questions About Vietnamese Dong
Everything you need to know about VND exchange rates, banknotes, and historical significance.