Exchange Rate, Trade Balance, and the J Curve Effect in Vietnam AEFR 79 858 868
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Exchange Rate, Trade Balance, and the JCurve Effect in Vietnam
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Vietnamese Dong (VND) Currency and Bitcoin Exchange Rates
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Tỷ giá quy đổi tiền đồng Việt Nam
How to convert Vietnamese price into USD (quickly)
Today, I will show you the fastest way to convert Vietnamese price into USD. Here is the way I think the fastest and most memorable way to convert the price of Vietnam currency into USD:
$1 ≈ 20,000. So for any vietnamese price, remove 4 zeros and divided by 2.
Ex: 50.000 VND = 5 : 2 ~ $2.5
Hopefully this converting formula will help you understand clearly about the value of each Vietnamese currency before coming here.
One thing that you have to remember !
This conversion method only applies to estimate the price for local selling and buying transactions. With money conversions, transactions in banks or credit agencies in large amounts, you should find out exactly how much money is exchanged between currencies at the present time.
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We Became Millionaires in Our 20’s! Well…only in Vietnam Dong (Vietnam currency). We exchanged less than 100 US dollars into Vietnam currency and it was over 2 Million in Vietnam Dong. Felt really cool to be holding that many 000’s in our hands! Maybe someday it’ll be in USD, but probably not for a bit 😂
We’ll show you in our next video how far that money will actually get you. A can of Sprite costs 40,000 in their currency, just to give you an idea how much little we really had.
In this video we boarded Syrena Cruiseline in Halong Bay…and it is ABSOLUTELY GORGEOUS HERE! Great food, great staff, and the rooms are quaint and perfect. We had our own balcony, bathroom, and plenty of fresh fruit. The boat only had 17 rooms total, so it felt like we were on the boat with family, even though every table was a group from an entirely different part of the world. So cool!
If you’re thinking about going to Vietnam, definitely plan a trip to Halong Bay. There are plenty of cruise ships you can take so you’ll find a trip for sure, but from our experience we recommend Syrena Cruiseline.
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