Viet Nam Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Viet Nam's exchange rate was 24,280.49 in 2025, ranked 3rd globally. This represents a 0.5% increase from 2024. Data from World Bank, covering 1983–2025.
Overview
Viet Nam's exchange rate stood at 24,280.49 in 2025, a rise of +115.60 from 2024. Based on recent trends, this figure is projected to reach 24,280.49 by 2025. Viet Nam ranked 3rd globally.
Vietnam’s exchange rate has risen from a parity of 1.00 in 1983 to 24,280.49 in 2025, placing it third globally among the 41‑year series compiled by the World Bank. The all‑time peak coincides with the latest observation, reflecting a prolonged depreciation of the Vietnamese đồng against major currencies. By contrast, neighboring Lao PDR recorded 23,197.24 in the same year, while Iran’s rate reached 42,000.00, underscoring Vietnam’s relatively moderate devaluation within the region. The steep trajectory began after the Đổi Mới reforms of the late 1980s, accelerated by successive current‑account deficits and capital outflows, and has persisted through periods of global financial volatility. Despite occasional policy interventions aimed at stabilising the currency, the underlying macro‑economic imbalances suggest that the đồng may continue to weaken unless fiscal consolidation and foreign‑exchange inflows improve, potentially altering the current downward trend.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 24,788.60 | - | - |
| 2026* trend | 24,534.54 | - | - |
| 2025* trend | 24,280.49 | - | - |
| 2025 | 24,280.49 | +115.60 | #3 |
| 2024 | 24,164.89 | +377.57 | #195 |
| 2023 | 23,787.32 | +516.11 | #202 |
| 2022 | 23,271.21 | +111.43 | #204 |
| 2021 | 23,159.78 | −48.59 | #204 |
| 2020 | 23,208.37 | +158.13 | #206 |
| 2019 | 23,050.24 | +448.19 | #205 |
| 2018 | 22,602.05 | +231.96 | #205 |
| 2017 | 22,370.09 | +435.09 | #205 |
| 2016 | 21,935.00 | +237.43 | #205 |
| 2015 | 21,697.57 | +549.57 | #205 |
| 2014 | 21,148.00 | +214.58 | #206 |
| 2013 | 20,933.42 | +105.42 | #207 |
| 2012 | 20,828.00 | +318.25 | #205 |
| 2011 | 20,509.75 | +1,896.83 | #205 |
Detected Pattern
Analysis
Viet Nam matched the Export Boom Cycle pattern in 2020. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Viet Nam's exchange rate was 24,280.49 in 2025. Ranked 3rd globally. This represents a 0.5% increase from the previous year.
Viet Nam's exchange rate peaked at 24,280.49 in 2025.
The lowest exchange rate in Viet Nam was 1.00 in 1983.
Viet Nam ranks 3rd globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Viet Nam's exchange rate is projected to reach 24,280.49 by 2025 based on trend extrapolation.
The exchange rate of Viet Nam in 2025 was 24,280.49. This ranks 3rd in the world.
Cite this page
@misc{historysaid_viet-nam_exchange-rate,
title = {Viet Nam Exchange Rate},
url = {https://historysaid.com/viet-nam/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}