Reference exchange rate on Mar 13: 23,638 VND/USD, down 1 VND; Euro, Yen and Pound rising strongly
The State Bank of Vietnam set reference exchange rate for the US dollar at 23,638 VND/USD, down 1 VND; Not only Euro and Yen rising but also Pound rising strongly.
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| Reference exchange rate on Mar 13: 23,638 VND/USD, down 1 VND; Not only Euro and Yen rising but also Pound rising strongly.(Sourcew: WVR) |
Exchange rate on March 13:
The State Bank of Vietnam set the daily reference exchange rate at 23,638 VND/USD on March 13, down 1 VND from the last working day of previous week (March 10).
With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,823 VND/USD and the floor rate 22,459 VND/USD.
The opening hour rates at commercial banks also decreased.
At 8:45am, Vietcombank listed the buying rate at 23,480 VND/USD, and the selling rate at 23,850 VND/USD, both down 10 VND from the end of March 10.
BIDV reduced both rates by 15 VND to 23,520 VND/USD (buying) and 23,820 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 | 24,402.22 | 25,768.25 | 24,903.4 |
| 2 | JPY | Japanese Yen | 168.81 | 178.71 | 171.72 |
| 3 | GBP | Pound | 27,524.85 | 28,698.13 | 27,930.66 |
| 4 | AUD | Australian Dollar | 15,168.07 | 15,814.63 | 15,582.94 |
| 5 | CAD | Canadian Dollar | 16,645.61 | 17,355.15 | 17,174.42 |
| 6 | RUB | Russian Ruble | 296.56 | 328.33 | 310.97 |
| 7 | KRW | Korean Won | 15.46 | 18.84 | 17.89 |
| 8 | INR | Indian Rupee | 287.76 | 299.30 | 287.74 |
| 9 | HKD | Hong Kong Dollar | 2,938.61 | 3,063.87 | 3,010.48 |
| 10 | CNY | Chinese Yuan | 3.370.00 | 3.486.00 | 3,393.06 |
(Source: WVR)
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