Contents
ToggleVietnam’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.
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 Nov | 3 Nov | Change | % | |
| Black Market: Mid-market | 27,805 | 27,775 | 30 | 0.11% |
| SBV: Central Exchange Rate | 25,095 | 25,093 | 2 | 0.01% |
| Google Finance: Mid Market Rate | 26,320 | 26,313 | 8 | 0.03% |
| Black Market: Buy | 27,770 | 27,750 | 20 | 0.07% |
| Black Market: Sell | 27,840 | 27,800 | 40 | 0.14% |
| Spread: SBV / Black Market MM | 2,710 | 2,682 | 28 | -% |
| Spread: SBV / Black Market MM | 10.80% | 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 Nov | 3 Nov | Change | |
| Overnight | 4.45 | 3.20 | 1.25 |
| 1 Week | 4.98 | 4.47 | 0.51 |
| 2 Weeks | 5.27 | 5.14 | 0.13 |
| 1 Month | 5.49 | 5.13 | 0.36 |
| 3 Months | 5.98 | 5.91 | 0.07 |
| 6 Months | 5.35 | 5.00 | 0.35 |
| 9 Months | 5.10 | 5.10 | 0.00 |
Right Now, a Weak Dong Could be Good for Vietnam. Here’s Why.