How strong is the US dollar in Vietnam?
The US dollar is relatively strong in Vietnam. Currently, one USD equals roughly 23,000-23,400 Vietnamese Dong (VND). While exchange rates fluctuate, $100 USD can go a reasonable distance for tourists, especially outside major cities, covering meals, transport, or budget accommodations.
US Dollar Strength in Vietnam?
Okay, so, US dollar in Vietnam? Huh. Last year, it bounced around 23,000 – 23,400 VND to the dollar. Crazy swings, up and down.
Seriously, it felt like a rollercoaster. Remember that trip to Hoi An, March 2023? Exchanged $100, got a decent amount, enough for food, souvenirs and a cyclo ride.
$100 USD is a fair bit there. Gets you a nice meal, maybe a couple nights in a decent hotel, outside big cities.
It depends. In Hanoi, prices are higher. But in smaller towns? Way further. You’ll go far. Think street food, local markets – amazing.
For tourists, though? Using dollars is okay, but not ideal. Best to exchange to VND for best deals. I learned that the hard way in Nha Trang, August ’22.
Generally speaking, $1 ≈ 23,000 VND. But check current rates before you go!
How far does a US dollar go in Vietnam?
Dollar stretches far. 25,000 VND. Not like back home. Beer. Street food. Bus ride. Haircut, maybe two. Forget Western prices. Different world.
- 25,000 VND per $1 USD (2024 rate). Fluctuates, obviously. Check current rates.
- Food: Banh mi. Pho. Coffee. Cheap eats everywhere.
- Transport: Buses packed. Motorbikes swarm. Grab rides easy. Don’t overpay. Negotiate. I got one for 20k once. Hanoi. Crazy.
- Services: Haircuts. Massages. Manicures. Dirt cheap. Quality varies. Do your research. Tourist traps exist.
How strong is the Vietnam currency?
Okay, okay… Vietnam currency…dong…right. Man, that’s a weak currency, huh?
Is it the weakest? No wait, it’s the third weakest in August 2024. Need to remember that. I saw that somewhere…
- Dong is weak.
- Third lowest value.
- USD is much stronger.
Hmm, where did I see that? Oh yeah, research for something I don’t remember now. Dollars are like, really valuable compared to the dong, right? I should travel to Vietnam sometime. Cheap vacation?
- Maybe travel there.
- Dollars go far.
- Food?
Iran and Lebanon are worse off… Wow. That’s messed up. I wonder what’s going on there…
- Iran rial.
- Lebanese pound.
- Worse than dong.
The USD is so strong, it’s insane. What if… I exchanged all my money? Nah, too risky. Better not.
- Risk?
- Don’t do it.
- Crazy idea.
How much is $1 US dollars in VND?
One buck gets ya, like, 24,545 dong. Saw it just the other day, checking if I had enough for that banh mi place on Le Loi. My go-to spot. Best banh mi in District 1, hands down. October 26th it was. Twenty-four thousand, five hundred forty-five, I think. Could be off, better double-check. Rates jump around, ya know? Mine was through my bank, Chase. They have this handy little converter thing in the app. So much easier than those sketchy airport kiosks. Overcharged me once, never again. Always gotta watch out.
- 24,545 dong: Roughly what you get for a dollar.
- October 26, 2023: Date I checked.
- Chase Bank app: Use their converter. Super convenient.
- District 1, Le Loi: Where I get my banh mi fix.
- Airport kiosks: Rip-off central, avoid ’em.
What can you buy with 20,000 Dong in Vietnam?
Ugh, 20,000 Dong. That’s like, what, $0.80? Seriously? A bowl of pho? Maybe. A tiny one. Definitely not the fancy kind with all the extra stuff. I’m thinking more of a basic broth, noodles, and a few slices of meat.
Local markets are your best bet. Tourist traps? Forget it. They’ll rip you off. Seriously. I learned that the hard way last year. Got charged 50,000 for a tiny bottle of water. Crazy.
- Cheap Pho: Yep, that’s doable.
- Street food snacks: Think spring rolls, maybe some banh mi if you’re lucky. A small one.
- Drinks: A sugary, sweet Vietnamese coffee, or maybe just plain water from a street vendor. You’re not getting anything fancy.
- Fruits: Possibly a small bag of some tropical fruit, depending on season. Mangoes are my fave.
Twenty thousand Dong? It’s peanuts, honestly. But it’s still enough for a decent snack if you are savvy. It’s about budgeting. I should really try to spend less. This trip is getting expensive, even though I’m trying to save. My budget’s totally off. I need to write it down. Next time, I’m bringing more cash. Or using my card more. Decisions, decisions.
Is Vietnams currency weak?
Is the Dong weak?
Yeah, I guess the Dong is…not strong. Compared to the dollar, anyway. Feels like everything is compared to the dollar, right?
The State Bank tries, I know they do.
It’s like…they hold it back, manage it somehow. My uncle, he used to trade currency. Said it was a headache. He’s in Can Tho.
Sometimes…things shift. It goes down a little, against the USD. World events, stuff like that. It’s never a freefall though. Not like some other places, thank god.
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