Reference exchange rate on Mar 17: 23,620 VND/USD, down 2 VND; Euro, Pound and Yen rising slightly
The State Bank of Vietnam set reference exchange rate for the US dollar at 23,620 VND/USD, down 2 VND; Euro, Pound and Yen rising slightly. *New import and export rate.
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| Reference exchange rate on Mar 17: 23,620 VND/USD, down 2 VND; Euro, Pound and Yen rising slightly. (Source: WVR) |
Exchange rate on March 17:
The State Bank of Vietnam set the daily reference exchange rate at 23,620 VND/USD on March 17, down 2 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,801 VND/USD and the floor rate 22,439 VND/USD.
The opening hour rates at commercial banks followed a declining trend.
At 8:30am, Vietcombank listed the buying rate at 23,380 VND/USD, and the selling rate at 23,750 VND/USD, both down 10 VND from the end of March 16.
BIDV kept both rates unchanged at 23,420 VND/USD (buying) and 23,720 VND/USD (selling).
During the week from March 13-17, the daily reference exchange rate was adjusted down on the first two days and up on the following two before turning around to go down on Friday. It ended the week down 18 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 16 to 22 |
| 1 | EUR | Euro | 24,382.87 | 25,747.99 | 24,903.4 |
| 2 | JPY | Japanese Yen | 171.82 | 181.90 | 175,32 |
| 3 | GBP | Pound | 27,810.67 | 28,996.32 | 28,699.45 |
| 4 | AUD | Australian Dollar | 15,310.23 | 15,962.95 | 15,775.13 |
| 5 | CAD | Canadian Dollar | 16,741.73 | 17,455.48 | 17,260.3 |
| 6 | RUB | Russian Ruble | 293.33 | 324.75 | 313.12 |
| 7 | KRW | Korean Won | 15.60 | 18.96 | 18.12 |
| 8 | INR | Indian Rupee | 284.67 | 296.09 | 286.33 |
| 9 | HKD | Hong Kong Dollar | 2,927.54 | 3,053.95 | 3,008.9 |
| 10 | CNY | Chinese Yuan | 3,361.00 | 3,494.00 | 3,393.06 |
(Source: WVR)
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