Vietnam C.bank strengthens central exchange rate, black market dong weaker, March 18, 2026

On March 18, in Vietnam, the black market US dollar buy rate was VND 27,400, and the sell rate was VND 27,450, a change of 60 and 60, respectively, for a mid-market rate of VND 27,425 (up 0.22 percent), according to prices quoted by Ty Gia USD.

Bar chart change in Vietnam dong, 18 March 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,067, while the Google Finance mid-market rate stood at VND 26,316.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 2,358 or 9.41 percent.

Vietnam exchange rates, 18 March 2026

18 Mar17 MarChange%
Black Market: Mid-market27,42527,365600.22%
SBV: Central Exchange Rate25,06725,068-10.00%
Google Finance: Mid Market Rate26,31626,31600.00%
Black Market: Buy27,40027,340600.22%
Black Market: Sell27,45027,390600.22%
Spread: SBV / Black Market MM2,3582,297612.66%
Spread: SBV / Black Market MM9.41%9.16%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$38.00 million for 7 days, US$0.00 million for 14 days, US$0.00 million for 21 days, US$38.00 million for 28 days, US$38.00 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 18 March 2026

18 Mar17 Mar
Repos – 7 Days US$$38,000,418$38,027,874
Repos – 14 Days US$$0$0
Repos – 21 Days US$$0$0
Repos – 28 Days US$$38,000,418$38,027,874
Repos – 56 Days US$$38,000,418$38,027,874
Repos – 63 Days US$$0$0
Total$76,000,836$114,083,623

Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 3.96 percent (down 0.04 points).

The 1-week rate fell to 4.48 percent, and the 2-week rate fell to 5.34 percent.

The 1-month rate increased to 7.61 percent, while the 3-month and 6-month rates fell to 7.36 and fell to 7.74 percent respectively.

The 9-month tenor was unchanged at 7.82 percent.

Vietnam interbank interest rates, 18 March 2026

18 Mar17 MarChange
Overnight3.964.00-0.04
1 Week4.484.61-0.13
2 Weeks5.345.36-0.02
1 Month7.617.470.14
3 Months7.367.87-0.51
6 Months7.747.76-0.02
9 Months7.827.820.00


See yesterday’s exchange rate activity→

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