In this article, you will learn where to buy Vietnamese Dong. The currency of Vietnam is the Vietnamese Dong. There are many ways to own Vietnamese Dong and if you want to buy Vietnamese Dong, we will show you the best places to buy it.
Where to Buy Vietnamese Dong?
- Dong travel money card
Travel money cards are a safe and convenient way to spend in Vietnamese dong (VND) - and if you pick the right one they could help you save on currency conversion, too. Top up your card balance in dollars and convert those dollars to dong to spend in stores and restaurants, or withdraw cash from ATMs when you need it. Easy.
-Online
Often this is the best way to buy Vietnamese dong (VND). It is faster and cheaper buy your Vietnamese dong online. The USD to VND exchange rate is better online and give you more Vietnamese dong for your US dollars. You can reserve your order , pick it up in a store or even have it delivered to your door.
- Bank
You can buy Vietnamese dong with dollars at major banks like Wells Fargo and Bank of America. You will need to be a bank customer already and can order it online easily.
Banks do offer a wide range of currencies that you can buy but make sure you spend your foreign currency overseas because you might not be able to convert it back to dollars when you get back home.
In some cases, you can choose to receive your order in small, large or mixed denominations but it is subject to availability.
Currency exchange services offered by the bank might not offer the best VND to USD rates but they are convenient, especially if you are an existing customer.
When you buy Vietnamese dong from the bank you can pay with credit card, cash or from one of your bank accounts.
-Foreign Currency Exchange
Money changers can be the cheapest way to buy Vietnamese dong. The problem is, it can be hard to find them outside of the city and they regularly run out of less common currencies.
Often the exchange rates are on a board facing the front of the shop, so finding the USD to VND rate is easy. Ask what transaction fees they charge for the foreign exchange and if it costs more to pay with credit cards.
-Airport
Yes, you can buy currency at the airport. But that doesn't mean you should. While it's convenient, it's also very expensive. You will receive less VND for your USD at the airport.
Most airport currency exchange services accept cash and credit cards.
What is Vietnamese Dong?
The dong has been the currency of Vietnam since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre.
Formerly, it was subdivided into 10 hao (hào), which were further subdivided into 10 xu, neither of which are now used due to inflation. The Vietnamese dong has increasingly moved towards exclusively using banknotes, with lower denominations over printed on paper and denominations 10.000 dong, worth about 40¢ dollar or euro, printed on polymer, as of 2022 no coins are used. Generally, Vietnam is moving towards digital payments.
The word "dong" came from the material in which the pennies were made. The term refers to bronze coins used in feudal China and Vietnam. The term "hao" is a loan word from the Chinese háo, meaning a tenth of a currency unit, while "xu" came from French sou. The sign is encoded U+20AB ₫ DONG SIGN.
Bottom Line
As of December 2022. the Vietnamese dong was the third-lowest valued currency unit (behind the Venezuelan bolivar and Iranian rial), with one United States dollar equaling around 23.575 dong. This article is about where to buy Vietnamese Dong.
