Black market Vietnam dong exchange rate jumps, official rate holds steady, Tuesday

Vietnam’s exchange rate movements on 4 November 2025 showed minor fluctuations, with the black market mid-rate rising to VND 27,805 per US$1, up 30 dong or 0.11 percent from the previous day.

Bar chart change in Vietnam dong, 4 November 2025

The State Bank of Vietnam’s central rate inched up by 2 dong to VND 25,095 per US$1, while the Google Finance mid-market rate was steady at VND 26,320 per US$, up 8 dong.

On the informal market, the buy rate increased to VND 27,770 per US$ and the sell rate to VND 27,840 per US$1.

The spread between the SBV and black market mid-rates widened slightly to VND 2,710, equivalent to 10.8 percent.

How Low Can the Vietnamese Dong Go? Why It’s Sliding & What Might Happen Next

Vietnam exchange rates, 4 November 2025

4 Nov3 NovChange%
Black Market: Mid-market27,80527,775300.11%
SBV: Central Exchange Rate25,09525,09320.01%
Google Finance: Mid Market Rate26,32026,31380.03%
Black Market: Buy27,77027,750200.07%
Black Market: Sell27,84027,800400.14%
Spread: SBV / Black Market MM2,7102,68228-%
Spread: SBV / Black Market MM10.80%10.69%

Open market operations

Not available at time of publishing.

Vietnam open market operations, 4 November 2025

Not available at time of publishing.

Interbank interest rates

Vietnam interbank interest rates, 4 November 2025

4 Nov3 NovChange
Overnight4.453.201.25
1 Week4.984.470.51
2 Weeks5.275.140.13
1 Month5.495.130.36
3 Months5.985.910.07
6 Months5.355.000.35
9 Months5.105.100.00

Right Now, a Weak Dong Could be Good for Vietnam. Here’s Why.

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