Reference exchange rate on Mar 3: 23,637 VND/USD, down 1 VND; Euro rising but Pound and Yen down
The State Bank of Vietnam set reference exchange rate for the US dollar at 23,637 VND/USD, down 1 VND; Euro rising but Pound and Yen down.
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| Reference exchange rate on Mar 3: 23,637 VND/USD, down 1 VND; Euro rising but Pound and Yen down. (Source: PBS) |
Reference exchange rate on March 3:
The State Bank of Vietnam set the daily reference exchange rate at 23,637 VND/USD on March 3, 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 23,819 VND/USD and the floor rate 22,455 VND/USD.
The opening hour rates at commercial banks fluctuated variably.
At 8:30am, Vietcombank listed the buying rate at 23,510 VND/USD, and the selling rate at 23,880 VND/USD, both down 15 VND from the end of March 2.
On the contrary, BIDV raised both rates by 10 VND to 23,570 VND/USD (buying) and 23,870 VND/USD (selling).
During the week from February 27-March 3, the daily reference exchange rate was up at the beginning of the week but turned around to follow a downward trend until Friday. It ended the week down 5 VND.
| No. | Currency | Currency name | Commercial bank rate Buying | Commercial bank rate Selling | *SBV rate Apply for import and export from March 1 to March 8 |
| 1 | EUR | Euro | 24,572.29 | 25,947.78 | 25,085,22 |
| 2 | JPY | Japanese Yen | 168.75 | 178.65 | 173.51 |
| 3 | GBP | Pound | 27,692.62 | 28,872.97 | 28,501.64 |
| 4 | AUD | Australian Dollar | 15,560.06 | 16,223.29 | 15,996.85 |
| 5 | CAD | Canadian Dollar | 16,972.76 | 17,696.20 | 17,376.89 |
| 6 | RUB | Russian Ruble | 299.36 | 331.44 | 314.40 |
| 7 | KRW | Korean Won | 15.59 | 18.99 | 18.00 |
| 8 | INR | Indian Rupee | 286.29 | 297.77 | 286.47 |
| 9 | HKD | Hong Kong Dollar | 2,943.03 | 3,068.47 | 3,012.04 |
| 10 | CNY | Chinese Yuan | 3.373.00 | 3.510.00 | 3,428.42 |
(Source: WVR)
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