Reference exchange rate on Mar 1: 23,643 VND/USD, down 1 VND; Euro and Yen down but Pound rising
The State Bank of Vietnam set reference exchange rate for the US dollar at 23,643 VND/USD, down 1 VND; Euro and Yen down but Pound rising.
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| Reference exchange rate on Mar 1: 23,643 VND/USD, down 1 VND; Euro and Yen down but Pound rising(Source: WVR) |
Reference exchange rate on March 1:
The State Bank of Vietnam set the daily reference exchange rate at 23,643 VND/USD on March 1, down 1 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 23,825 VND/USD and the floor rate 22,461 VND/USD.
The opening hour rates at commercial banks decreased.
At 8:30am, Vietcombank listed the buying rate at 23,550 VND/USD, and the selling rate at 23,920 VND/USD, both down 80 VND from the end of February 28.
BIDV cut both rates by 65 VND to 23,600 VND/USD (buying) and 23,900 VND/USD (selling).
| 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 | 24,576.10 | 25,962.62 | 25,196.58 |
| 2 | JPY | Japanese Yen | 169.10 | 179.10 | 175.38 |
| 3 | GBP | Pound | 27,981.48 | 29,186.30 | 28,629.25 |
| 4 | AUD | Australian Dollar | 15,559.16 | 16,229.10 | 16,153.9 |
| 5 | CAD | Canadian Dollar | 17,037.21 | 17,829.53 | 17,461.41 |
| 6 | RUB | Russian Ruble | 302.67 | 335.24 | 315.00 |
| 7 | KRW | Korean Won | 15.54 | 18.94 | 18.11 |
| 8 | INR | Indian Rupee | 286.71 | 298.33 | 285.4 |
| 9 | HKD | Hong Kong Dollar | 2,949.98 | 3,077.00 | 3,013.86 |
| 10 | CNY | Chinese Yuan | 3,370.00 | 3,482.00 | 3,428.42 |
(Source: WVR)
