Reference exchange rate on Feb 24: 23,642 VND/USD, rising 1 VND; Euro and Pound down but Yen rising
The State Bank of Vietnam set reference exchange rate for the US dollar at 23,642 VND/USD, rising 1 VND; Euro and Pound down but Yen rising.
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| Reference exchange rate on Feb 24: 23,642 VND/USD, rising 1 VND; Euro and Pound down but Yen rising. (Source: WVR) |
Reference exchange rate on February 24:
The State Bank of Vietnam set the daily reference exchange rate at 23,642 VND/USD on February 24, up 1 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 23,824 VND/USD and the floor rate 22,459 VND/USD.
The opening hour rates at commercial banks increased.
At 8:15am, BIDV listed the buying rate at 23,665 VND/USD, and the selling rate at 23,965 VND/USD, both up 5 VND from the end of February 23.
Vietcombank also raised both rates by 10 VND to 23,630 VND/USD (buying) and 24,000 VND/USD (selling).
During the week from February 20-24, the daily reference exchange rate was adjusted up on Monday and down on the next two days before going up again on Friday. It ended the week down 4 VND.
| No. | Currency | Currency name | Commercial bank rate Buying | Commercial bank rate Selling | *SBV rate Apply for import and export from February 23 to March 1 |
| 1 | EUR | Euro | 24,616.27 | 26,004.93 | 25,196.58 |
| 2 | JPY | Japanese Yen | 171.72 | 181.87 | 175.38 |
| 3 | GBP | Pound | 15,830.87 | 16,512.44 | 28,629.25 |
| 4 | AUD | Australian Dollar | 15,794.39 | 16,467.50 | 16,153.9 |
| 5 | CAD | Canadian Dollar | 17,107.83 | 17,889.75 | 17,461.41 |
| 6 | RUB | Russian Ruble | 302.10 | 334.60 | 315. |
| 7 | KRW | Korean Won | 15.86 | 19.33 | 18.11 |
| 8 | INR | Indian Rupee | 286.85 | 298.47 | 285.4 |
| 9 | HKD | Hong Kong Dollar | 2,958.42 | 3,085.78 | 3,013.86 |
| 10 | CNY | Chinese Yuan | 3,378.00 | 3,523.00 | 3,428.42 |
(Source: WVR)
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