When investing in USD, it's essential to opt for transactions through legitimate institutions, such as banks. Stay updated on USD rates at various banks to see how the conversion value of USD to VND fluctuates.
Converting US Dollars to Vietnamese Dong
* Note: The USD/VND exchange rate below is updated as of 9/2/2023. The actual USD rate may vary daily based on market trends. Readers can visit bank websites for the latest rates.
1. Converting USD to VND
To quickly convert US dollars to Vietnamese currency, utilize Google's tool. In the following guide, we'll demonstrate converting 10 USD to VND. You can follow similar steps to convert 100 US dollars to Vietnamese currency or any other denomination.
Step 1: Go to Google.
Step 2: Enter the keyword '10 USD to VND' or '10 USD = VND' and click 'Search'.
Google will return the result of 10 USD equals 234,950 dong
With the above method of converting US dollars to Vietnamese Dong, readers can quickly convert 100 dollars to Vietnamese currency or 1 USD to Vietnamese money,... For more financial information and knowledge on currencies.
2. Banks Supporting USD to VND Conversion
USD circulated in the Vietnamese market is commonly used for payments or investments. To utilize this foreign currency, you need to initiate transactions converting USD to VND. Currently, numerous domestic banks support exchange procedures and foreign currency trading, such as Vietcombank, Vietinbank, BIDV.
Before deciding to convert US dollars to Vietnamese currency, it's essential to check the exchange rates beforehand, as they directly affect the value you'll receive after the exchange. The buying and selling exchange rates for USD at some banks are as follows:
In addition to exchange rates, each bank will have different limits, conditions, and procedures for foreign currency transactions. Refer to them to have a more proactive trading plan.
- Procedure for converting US dollars to Vietnamese currency at Vietcombank:
You need to prepare your ID card or passport. Then, proceed to the nearest Vietcombank branch to exchange currency.
- Procedure for converting USD to VND at Vietinbank:
Prepare documents to prove the purpose of using foreign currency, and a request form for foreign currency transactions.
- Foreign currency exchange procedures at BIDV:
+ Exchange US dollars for living expenses of international students: Prepare valid passport/visa, airline tickets, or other means of transportation. In case of no visa, additional documents such as enrollment notification are required.
+ Medical treatment abroad: Prepare valid passport/visa, airline tickets, or other means of transportation, relevant medical examination documents.
+ Traveling, business trips: Prepare valid passport/visa, airline tickets, or other means of transportation, official decision documents for business trips.
https://Mytour.vn/doi-usd-sang-vnd-31812n.aspx
Thus, Taimienphi has shared information related to the fastest way to convert USD to VND, USD exchange rates, and necessary procedures when exchanging foreign currencies at banks. Hopefully, the article will be helpful to readers.