What does Vietnamese money look like?

Q: Is 100 US dollar a lot of money in Vietnam

Certainly 100 US dollars can be considered a substantial sum in Vietnam The state-mandated base salary in urban areas stands at 18 million VND roughly equivalent to 74 USD while its even lower in rural regions To put this in perspective the average monthly income in Vietnam hovers around 325 US based on THANGNAY exchange rates a figure notably lower than the average salaries in countries like the USA or UK Consequently 100 represents approximately one-third of the average monthly income in Vietnam

Q: What is the average monthly salary in Hanoi Vietnam

As of THANGNAY the General Statistics Office of Vietnam reported that the average monthly salary in the country stands at 79 million Vietnamese Dong VND At the prevailing exchange rate for the same month this translates to approximately 325 USD per month Notably it is customary in Vietnam to provide employees with a 13th-month salary as part of their annual bonus

Q: Is it better to exchange money in Vietnam or before traveling

Exchanging money before traveling to Vietnam This option can be beneficial if you want to have some local currency at hand upon arrival and avoid the hassle of finding a reliable place to exchange money in Vietnam However this option can also be costly as you may not get the best exchange rates or you may have to pay additional fees or commissions You may also end up exchanging more money than you need or not enough to cover your expensesExchanging money in Vietnam This option can be advantageous if you want to get the best exchange rates and save money You can find many places to exchange money in Vietnam such as banks hotels money exchange shops gold shops or even with local people However this option can also be risky as you may encounter fake money scams or rip-offs You may also have to deal with the inconvenience of carrying large amounts of cash or finding an ATM that accepts your cardTherefore the best option may be to exchange a small amount of money before traveling to Vietnam and then exchange more money in Vietnam as you need it You should also compare the exchange rates and fees of different places and be careful of the quality and security of the money you receive You can use online tools such as XEcom to check the live currency and foreign exchange rates and plan your budget accordingly

Q: Where can I exchange currency in Vietnam

You can exchange currency at banks currency exchange bureaus and some hotels You can also withdraw Vietnamese ng from ATMs

Q: How much cash should I bring to Vietnam

The amount of cash you should bring to Vietnam depends on your travel plans budget and preferences However here are some general tips and guidelines to help you decideThere is no legal limit on the amount of cash you can bring to Vietnam either in Vietnamese dong or any other foreign currency However you are required to declare your money if you are carrying an amount that is equivalent to 5000 US dollars and above This applies to all kinds of currencyCredit cards debit cards and cash are all accepted in Vietnam but cash is by far the most accepted form of payment Outside of major tourist areas cash should be your primary go-to during your trip Only carry the cash you need keeping the rest on your debit or prepaid cash cardYou can exchange your money for Vietnamese dong at banks hotels or authorized exchange bureaus in Vietnam You can also withdraw money from ATMs but you may have to pay fees You should compare the exchange rates and fees of different places and be careful of the quality and security of the money you receiveYou can use online tools such as XEcom to check the live currency and foreign exchange rates and plan your budget accordingly As of THANGNAY one US dollar was equal to RATEUSD dongBudget for around 50 pounds about 60 USD per person per day or 350 pounds 450 USD per person per week for your visit to Vietnam which will cover all food and excursions However this may vary depending on your travel style activities and destinations You can find some cheap items or services in Vietnam for as low as 30000 dong such as a bowl of Pho or a ticket to the Temple of Literature

Q: Are credit cards widely accepted in Vietnam

Credit cards are not widely accepted in Vietnam especially outside of major tourist areas and cities Cash is still the most common and preferred form of payment in Vietnam so you should always have some Vietnamese dong VND with you when you travelHowever you can use your credit card in some places such as hotels restaurants shops and taxis that cater to foreign visitors Visa Mastercard and JCB are the most widely accepted credit cards in Vietnam while American Express and Discover are less common You may also have to pay a commission charge of 3 to 45 when you use your credit card

When traveling to Vietnam, you should know about the country’s currency system to make a purchase and avoid counterfeit money or joss paper. The official currency of Vietnam is the Vietnamese dong (VND) and the currency symbol is ₫. The first thing you need to know is the exchange rate when you start using Vietnamese Dong. Please note that these values below are rounded for convenience and are subject to change with time. So check out exchange rate again (click here) as you are on the point of having some exchanged.

The table below displays conversion rates for various currencies such as the US Dollar, New Zealand Dollar, Australian Dollar, Indian Rupee, etc., to Vietnamese Dong.

Currency	Exchange Rate (VND)	Value for 100 Units
USD	25,391	100 USD ~ 2,539,136 VND
EUR	27,101	100 EUR ~ 2,710,120 VND
AUD	16,313	100 AUD ~ 1,631,263 VND
INR	305	100 INR ~ 30,531 VND
NZD	14,993	100 NZD ~ 1,499,301 VND
Updated: 2024-04-21 01:32:53

The Vietnamese dong is mainly used in the form of banknotes, which are made of paper or polymer, and have denominations ranging from 1,000 to 500,000 dong. The Vietnamese dong can be exchanged for other currencies at banks, hotels, or authorized exchange bureaus. The exchange rate of the Vietnamese dong varies depending on the market conditions, but as of April 2024, one US dollar was equal to 25,391 dong.

[Table of Contents]

What does Vietnamese money look like?

What does Vietnamese money look like?

Presently, Vietnam's currency is circulated in two forms: Polymer notes with denominations of 500,000 VND, 200,000 VND, 100,000 VND, 50,000 VND, 20,000 VND, and 10,000 VND, and Paper notes with denominations of 5,000 VND, 2,000 VND, 1,000 VND, 500 VND, and 200 VND. However, as of April 2024, denominations of 200 VND and 500 VND are nearly nonexistent. The 1,000 VND note is seldom used due to its impracticality; it can hardly cover the cost of essential items or food.

Nowadays, Vietnamese people use 500,000 – 200,000 – 100,000 – 50,000 – 20,000 – 10,000 VND notes (the most major and valuable notes) which are made of long-lasting polymer. These notes are much harder to wear and tear, and damage by water. But they can easily stick together and they are also slippery, so make sure you flick or peel the money carefully before paying for a purchase.

The 500,000 VND is the biggest note in term of size and value in Vietnam and has a cyan blue color to it. This note has a picture of Ho Chi Minh’s birthplace in Nghe An province. You should be careful when using 500,000 VND note and 20,000 VND notes because the colors of those are similar to each other, only different when it comes to the shade.

500,000 VND ≈ 22 USD

The color of 200,000 VND is brownish red. It is a little similar to the 10,000 VND note so you should pay attention to the number and the size of each note. On the back is a picture of Ha Long Bay, a UNESCO World Heritage Site.

200,000 VND ≈ 9 USD

The 100,000 VND note is in yellowish green. The picture on the back is of the Temple of Literature in Hanoi, one of the most beautiful structures in Vietnam.

100,000 VND ≈ 4.4 USD

It is very easy to point out the 50,000 VND note because of its unique purple-pink color. This note has a picture of Phu Van Lau, a pavilion located on the main axis of the Imperial Citadel in Hue on one side.

50,000 VND ≈ 2.2 USD

The 20,000 VND is blue and has a picture of the Japanese Covered Bridge of Hoi An on one side which will help you distinguish it from the 500,000 VND note.

20,000 ≈ 0.90 USD (~ 99 Cent)

A 10,000 VND banknote is brownish yellow and has the smallest value of all polymer notes. The picture on the back depicts oil production on the seashore of Vietnam.

10,000 ≈ 0.44 USD ( ~ 44 Cent)

And there are also 5,000 VND - 2,000 VND - 1,000 VND - 500 VND cotton notes. It is better to keep some small notes when you use public toilets, which will charge you 2,000 VND/time/person.

Tips:

Don’t keep a lot of big notes in your wallet
Hand small VND notes for small payments or for use in off the beaten track
Double check and count the zeros before you hand the cash in and after you receive your change
Practice using VND notes before arriving Vietnam
Use credit card for big purchase to avoid the mistake

Frequently Asked Questions

Is $100 US dollar a lot of money in Vietnam?

What is the average monthly salary in Hanoi, Vietnam?

Is it better to exchange money in Vietnam or before traveling?

Where can I exchange currency in Vietnam?

How much cash should I bring to Vietnam?

Are credit cards widely accepted in Vietnam?

The exchange rates featured in this article are automatically sourced from an internet database. Please be advised that exchange rates and figures may fluctuate over time, and their real-time accuracy cannot be guaranteed. For the most precise and up-to-date information, we recommend checking the official website of the Vietnam Bank for Foreign Trade, where you can verify the exchange rates of the Vietnamese Dong against various commonly used currencies. We assume no responsibility for any potential discrepancies that may arise due to variations in the data presented in this article.

Updated on 2023-11-24 01:48:05.

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Questions & Answers

0 # Paul Carroll 2019-05-03 21:38

Can i apply for a visa by mail and how long will it take

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0 # Vietnam Tour 2019-05-04 08:39

Dear Paul Carroll,

Thank you for your question. Of course, we can help you to obtain a visa to Vietnam by email. It normally takes about 3 working days to proceed. One of our travel consultants will email you more details shortly.

Best regards,

Vietnam Tour

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