Reference exchange rate on Mar 10: 23,639 VND/USD, down 1 VND; Euro, Pound and Yen rising slowly
The State Bank of Vietnam set reference exchange rate for the US dollar at 23,639 VND/USD, down 1 VND; Euro, Pound and Yen rising slowly.
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| TReference exchange rate on Mar 10: 23,639 VND/USD, down 1 VND; Euro, Pound and Yen rising slowly. (Source: WVR) |
Exchange rate on March 10:
The State Bank of Vietnam set the daily reference exchange rate at 23,639 VND/USD on March 10, 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 24,820 VND/USD and the floor rate 22,457 VND/USD.
The opening hour rates at commercial banks decreased.
At 8:30am, Vietcombank listed the buying rate at 23,490 VND/USD, and the selling rate at 23,860 VND/USD, both down 15 VND from the end of March 9.
BIDV also reduced both rates by 5 VND to 23,535 VND/USD (buying) and 23,835 VND/USD (selling).
During the week from March 6-10, the daily reference exchange rate mostly followed a downward trend except for Thursday (March 9). However, it still ended the week up 3 VND from the rate at the beginning of the week.
| No. | Currency | Currency name | Commercial bank rate Buying | Commercial bank rate Selling | *SBV rate Apply for import and export from March 9 to 15 |
| 1 | EUR | Euro | 24,348.25 | 25,711.20 | 24,903.4 |
| 2 | JPY | Japanese Yen | 168.29 | 178.16 | 171.72 |
| 3 | GBP | Pound | 27,350.79 | 28,488.77 | 27,930.66 |
| 4 | AUD | Australian Dollar | 15,204.38 | 15,852.44 | 15,582.94 |
| 5 | CAD | Canadian Dollar | 16,726.98 | 17,439.94 | 17,174.42 |
| 6 | RUB | Russian Ruble | 296.63 | 328.40 | 310.97 |
| 7 | KRW | Korean Won | 15.52 | 18.90 | 17.89 |
| 8 | INR | Indian Rupee | 288.79 | 300.37 | 287.74 |
| 9 | HKD | Hong Kong Dollar | 2,942.96 | 3,068.40 | 3,010.48 |
| 10 | CNY | Chinese Yuan | 3,345.00 | 3,458.00 | 3,393.06 |
(Source: WVR)
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