Question: What is the best currency to use in Vietnam?

Is it better to exchange money in Vietnam?

Exchanging money in Vietnamese currency

Since sidewalk sales are everywhere in the country and those never accept cards, so bringing cash with you is still the optimal choice. Also, any payment by other currencies except the VND is illegal in Vietnam. You can only make a payment by Vietnam currency.

Is $50 a lot of money in Vietnam?

For a more comfortable backpacker experience in Vietnam, it’s best to budget around $50 per day. This way, you’ll have more money to spend on things like food, drinks, activities and hotel rooms. For a comfortable mid-range experience in Vietnam, it’s best to budget $60 to $100 per day for your entire costs.

What can 1 USD buy in Vietnam?

Vietnam: What a Dollar Can Buy You

  • 1 day of bicycle rental.
  • 2 Vietnamese coffees with sweet condensed milk.
  • 15 minutes of air time on a Mobifone sim card.
  • 1 bowl of pho bo.
  • 1 small load of laundry.
  • 250 grams of candied ginger.
  • 1 Chinese lantern made of bamboo and fabric.
  • 40 quail eggs.

Is $100 a lot of money in Vietnam?

What USD $100 buys you in Vietnam. Travelers to Vietnam turn into instant millionaires overnight, as 100 US dollars gets you 2,340,000 Vietnamese Dong (VND). While you won’t exactly be rich by Vietnamese standards, you’ll be set for a comfortable week’s worth of travel.

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Is it better to use US dollars or dong in Vietnam?

In Vietnam, you can pay in USD or in Dong, but it’s always better to pay in VND. Prices in shops are often given in the local currency only. If you pay in USD, the exchange rate the vendors are using to convert the price to USD is always to their advantage, making it more expensive than paying in Dong.

How much is $100 US in Vietnam?

Are you overpaying your bank?

Conversion rates US Dollar / Vietnamese Dong
10 USD 226850.00000 VND
20 USD 453700.00000 VND
50 USD 1134250.00000 VND
100 USD 2268500.00000 VND

Why is Vietnamese currency so weak?

As the government continues to print more money, the supply is there, but it has no value than other global currencies. This causes depreciation of the currency, which is why you can exchange very little money in Vietnam and have so much. A single US dollar is valued at nearly 24,000 VNDs.

Does Vietnam accept American money?

In the major cities of Hanoi and Ho Chi Minh City, US dollars are widely accepted. … Many restaurants will also have their menu in US dollars. In fact, if you have decided to get a Vietnam visa on arrival at the airport you will be required to pay the service fee in USD ($20 to $40 depending on the length of stay).

How far does a dollar go in Vietnam?

In recent years, the exchange rate of Vietnam Dong to US Dollar is between VND 22,500 to 23,500.

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How much money do I need for 2 weeks in Vietnam?

So, how much does it cost to go to Vietnam? For a two-week trip would estimate costs to be about $2,530 per person based on my suggestions and itinerary as indicated above. Vietnam is an amazing country and one of the most affordable places for budget travellers.