The central exchange rate for the Vietnam dong rose slightly to 25,052 per US dollar today from 25,048 yesterday, up 0.02 percent, according to data from the State Bank of Vietnam (SBV).
Meanwhile, black market rates, according to Ty Gia USD, continue to trade significantly higher, indicating persistent demand for US dollars outside official channels.
Key details:
- Change versus January 2: +2.92 percent depreciation
- Black market buy rate: 26,380
- Black market sell rate: 26,480
- Black market mid-market rate: 26,430
- Google mid-market rate: 26,122
- Spread: 309 dong
- Black market premium: 1.18 percent above official rates
See also: How Low Can the Vietnamese Dong Go? Why it’s Sliding & What Might Happen Next