Reference exchange rate on Aug 16: 23,918 VND/USD, up 37 VND

WVR/VNA -The State Bank of Vietnam set the daily reference exchange rate at 23,918 VND/USD on August 16, up 37 VND from the previous day.
Reference exchange rate on Aug 16: 23,881 VND/USD, up 33 VND
Reference exchange rate on Aug 16: 23,918 VND/USD, up 37 VND. (Photo: WVR)

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,113 VND/USD and the floor rate 22,772 VND/USD.

The daily reference exchange rate has been continuously adjusted up over recent days. It gained 22 VND during the week from August 7-11. From the beginning of this week (August 14) it has increased by a total 81 VND.

At commercial banks, the opening-hour rates went in different directions.

At 8:15 am, BIDV listed the rates at 23,815 VND/USD (buying) and 24,115 VND/USD (selling), both down 15 VND from the end of August 15.

Meanwhile, Vietcombank added 5 VND to both rates, listing at 23,775 VND/USD (buying) and 24,145 VND/USD (selling).

No. Currency

Currency name

Commercial bank rate

Buying

Commercial bank rate

Selling

*SBV rate

Apply for import and export from Jul 3- Aug 9

1 EUR Euro

25,466.76

26,891.81

26,152.14
2 JPY Japanese Yen

160.18

169.57

166.50
3 GBP Pound 29,659.83

30,923.45

30,415.51
4 AUD Dollar Australia 15,055.34 15,696.75 15,616.45
5 CAD Dollar Canada 17,317.65

18,055.44

17,764.44
6 RUB Russian Ruble

232.80

257.73

287.77

7 KRW Korean Won

15.48

18.86

18.32
8 INR Indian Rupee

287.30

298.82 288.04
9 HKD

Hong Kong

Dollar

2,986.66 3,113.91

3,049.59

10 CNY

Chinese Yuan

3,224.00 3,362.00 3,305.77
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MH
Source: WVR)