If you're a traveler visiting Vietnam, you'll need to exchange your currency. There are several places where you can do this, including banks, hotels, airports, and malls. Depending on your destination, you'll need anywhere from fifty to one hundred dollars. You can also compare service rates from banks to those offered on the street to find the best deal. Be aware, however, that banks often offer less than the market rate.
While in Vietnam, you can use the Vietnamese Dong to purchase goods and services, you should always check the condition of your banknotes before exchanging them. If you find any of your banknotes damaged or lost, you can exchange them for new ones. It's a good idea to spend all your Vietnamese Dong in the country before leaving the country. If you're using them to pay for souvenirs, be sure to use them before you leave in 베트남 환전.
When changing your currency in Vietnam, make sure to be aware of money exchange scams. One of these involves the substitution of large bills with smaller ones. For example, you can be charged for 100,000 VND when you only need twenty dollars. To avoid being scammed, always exercise due care and read our article on security in Vietnam. Plastic cards are widely accepted in Vietnam, so you can avoid cash exchange altogether. In larger cities, there are ATMs to withdraw cash.
The currency of Vietnam is issued in bills and coins. The 500-dong coin is worth only 0.01075 USD. The first banknotes circulated in Vietnam were issued by the National Bank of the country in the late seventies. These notes were of five, ten, and fifty dongs. A few years later, 30 and 100 dong notes were introduced. Then, the currency subsequently devalued by 1.0 percentage point in January and May.
The state bank of Vietnam has five series of banknotes. The 2003 series was a mixed series, so there was no fixed pattern. Currently, the Vietnamese dong is accepted in denominations of 100, 200, 500, 1,000, and 5,000. Its national currency is widely accepted throughout the world. In addition, the Vietnamese dollar is used in over a hundred countries. It is widely accepted in the United States. It is the official currency of the country.
While the Vietnamese currency devalues by 0.01075 USD against the US dollar, it has lost more than 1% against the dollar since the beginning of the year. A 0.5-2% commission rate is charged by the state bank to sell dollars in the free market. There are no fees or commissions associated with these transactions. You can exchange currencies in Hanoi and Ho Chi Minh City. They can be found in the Old Quarter and Nguyen An Ninh St.