Vietnamese Dong This website uses cookies to improve your experience while you navigate through the website. WebVietnamese Dong Revaluation Shocking Revelations about The Coming Dinar, Dong and Dollar re-Evaluations. The video here explains that there is a possible revaluation of the Vietnamese Currency, the Dong, abbreviated VND. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The countrys economic recovery, the strengthening of the Chinese yuan, and the U.S. expansionary monetary policy are predicted to keep the exchange rates of this exotic currency steady. Local bank branches. But the dollars rally in 2022 lifted the pair to a record high in September, reaching 23,513 on the last day of the month. To better understand revaluation, the difference between fixed and floating exchange rate systems should be clarified as well. The Trading Economics Application Programming Interface (API) provides direct access to our data. Pressure on currencies According to many analysis, the current movement of foreign currency cash flow will help increase foreign exchange reserves and also serve as a foundation and resource for the State Bank of Vietnam to continue to operate proactively and flexibly in the future. 20 ($A5. According to the State Bank of Vietnam branch in Ho Chi Minh City, the amount of remittances to the City in the last eleven months is estimated at US$6.2 bn and for the whole year they are estimated from US$6.5 bn to about US$6.6 bn. Click & Collect can be used to purchase Russian ruble in Post Office branches. Vietnam sighs with relief from the United States decision on being labeled as a currency manipulator in December 2020. The pair could then retreat from the peak above 24,000 to trade at 23,600 by the end of the first quarter of 2023, 23,500 by the end of the second quarter, 23,400 by the Kuwait is a country known for its great exploits in the oil industry. At the time of writing (30 September), the Vietnamese dong forecast from data aggregator Trading Economics indicated that the USD/VND pair could rise to 24,005.70 in one year, from 23,775.80 at the end of Q3 2022, based on global macro model projections and analysts expectations. Last Updated: Jul 1, 2022: Sort: Nguyen's Vietnamese Cuisine & Sushi Bar. Due to the low trade surplus this year, the pressure on theUSD exchange rate is not small. You can use the branch finder to find a branch that sells travel money. These cookies ensure basic functionalities and security features of the website, anonymously. Will the Vietnamese Dong be Revalued Soon? Dollar to Dong Forecast, USD to VND foreign exchange rate prediction, buy and sell signals. Share ideas and opportunities to the most underprivileged Asians; share ebooks and other publications that will allow them to embrace digital entrepreneurship HERE. Below, you'll find Vietnamese Dong rates and a currency converter. On a national scale, the World Bank and the international cooperation organization on migrants KNOMAD, forecast that the amount of remittances to Vietnam in 2021 will be US$18.1 bn, ranking 8th in the world and third in the Asia-Pacific region. Our currency rankings show that the most popular Vietnamese Dong exchange rate is the VND to USD rate.
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