Exchange rates and insights

The Vietnamese đồng (VND) is Vietnam's national currency, and its exchange rate is managed by the State Bank of Vietnam (SBV), which oversees the country’s monetary policy. The SBV determines the official reference rate of the Dong against other currencies, such as the US Dollar, and allows it to fluctuate within a controlled band.

In addition, the SBV is responsible for issuing and printing the Dong. Modern Vietnamese banknotes are made of plastic polymer — more durable and secure than the traditional paper notes discontinued in 2013. The SBV ensures both the stability of the Dong’s value and the authenticity of banknotes in circulation.

You can buy or sell Vietnamese Dong safely and securely through our licensed and federally regulated online exchange platform. In just a few clicks, you can place an order and receive your Dong within 24–48 hours. Every shipment is insured, and we offer some of the market’s most competitive spreads.

While banks or local kiosks may offer Dong exchange, their rates are often unfavorable. Choosing US First Exchange ensures reliability, transparent rates, and peace of mind when converting Vietnamese Dong to USD or other currencies.

Travelers heading to Vietnam often purchase Dong for daily expenses like transportation, food, and shopping. Collectors buy Dong for its colorful polymer design, and some investors see it as a speculative opportunity if Vietnam’s economy continues to grow.

Whether you’re traveling, collecting, or investing, US First Exchange offers secure transactions, insured delivery, and competitive pricing to make the process simple and safe.

Vietnamese banknotes are printed on plastic polymer, making them waterproof, long-lasting, and difficult to counterfeit. Each denomination has a distinct color and size, and all feature an image of Ho Chi Minh on the front. The reverse sides depict cultural landmarks such as the Temple of Literature and other national icons.

For example, the 20,000 VND note is blue, the 50,000 VND is pink, and the 500,000 VND is teal. Coins exist in small denominations but are rarely used. The Dong is one of the most vibrant and secure currencies in Asia.