Vietnam C.bank weakens central exchange rate, black market dong stronger, March 24, 2026

On March 24, in Vietnam, the black market US dollar buy rate was VND 27,930, and the sell rate was VND 27,980, a change of 20 and 20, respectively, for a mid-market rate of VND 27,955 (down 0.07 percent), according to prices quoted by Ty Gia USD.

Bar chart change in Vietnam dong, 24 March 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,109, while the Google Finance mid-market rate stood at VND 26,359.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 2,846 or 11.33 percent.

Vietnam exchange rates, 24 March 2026

24 Mar23 MarChange%
Black Market: Mid-market27,95527,975-20-0.07%
SBV: Central Exchange Rate25,10925,090190.08%
Google Finance: Mid Market Rate26,35926,341180.07%
Black Market: Buy27,93027,950-20-0.07%
Black Market: Sell27,98028,000-20-0.07%
Spread: SBV / Black Market MM2,8462,885-39-1.35%
Spread: SBV / Black Market MM11.33%11.50%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$531.13 million for 7 days, US$0.00 million for 14 days, US$0.00 million for 21 days, US$37.94 million for 28 days, US$37.94 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 24 March 2026

24 Mar23 Mar
Repos – 7 Days US$$531,127,888$531,490,400
Repos – 14 Days US$$0$0
Repos – 21 Days US$$0$0
Repos – 28 Days US$$37,937,706$37,963,600
Repos – 56 Days US$$37,937,706$37,963,600
Repos – 63 Days US$$0$0
Total$569,065,595$607,417,600

Interbank interest rates

Vietnam’s interbank interest rates were unchanged across all tenors.

Vietnam interbank interest rates, 24 March 2026

24 Mar23 Mar
Overnight4.204.20
1 Week5.015.01
2 Weeks6.976.97
1 Month7.487.48
3 Months7.877.87
6 Months8.108.10
9 Months7.827.82

See yesterday’s exchange rate activity→

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