Where To Exchange Money Vietnam

where to exchange money vietnam

Exchanging Money in Vietnam: A Comprehensive Guide

Welcome to the realm of currency exchange, where numbers dance and values fluctuate across borders.

Understanding the Vietnamese Currency

The Vietnamese currency is known as Vietnamese dong (VND). Complexities arise with its exchange and usage due to the large denominations involved – the smallest available note being 1,000 dong with the largest one in circulation today tentatively being the 500,000 dong note. This can make money exchange an essential process to comprehend when traveling to Vietnam.

International Airports

One of the safest and most convenient places to exchange currency is at international airports. Both Tan Son Nhat International Airport in Ho Chi Minh City and Noi Bai International Airport in Hanoi have currency exchange counters. Though the rates may not be as competitive as elsewhere, the convenience, accessibility, and reliability make them a viable option.


The Bank for Foreign Trade of Vietnam (Vietcombank) and Joint Stock Commercial Bank for Foreign Trade of Vietnam (VietinBank) are just a couple of the banking options to consider when thinking of exchanging currency within cities. These offer some attractive exchange rates, though the process may involve additional time and a certain level of documentation.

Money Exchange Counters

Vietnam is home to a multitude of money exchange counters, specifically in touristy areas. Jewelery shops and small vendors in Ho Chi Minh City and Hanoi are famous for offering excellent exchange rates. These counters are not only convenient but also have extended working hours. Make sure to count your money carefully and clarify any commission charges beforehand to avoid being shortchanged.


ATMs are another convenient option for withdrawing Vietnamese dong, especially for travelers who prefer to avoid the hassles of carrying large amounts of cash. However, be aware of ATM fees, withdrawal limits, and possible foreign transaction fees. It's recommended to inform your bank of your travel plans to avoid any financial hitches.

Online Money Transfer Services

Platforms like TransferWise and PayPal have made cross-border transactions and travel money exchange significantly easier. These platforms offer competitive exchange rates and secure transactions. However, ensure you’re attuned with their conversion fees and transfer policies.

Hotel Currency Exchange

Hotels frequently offer currency exchange services. However, it’s crucial to note that the rates offered by hotels are usually less favorable than what you would find at banks or money changers. This can be a last resort, for late-night emergencies or immediate need of cash.

Travelers Cheques

Despite being less popular than traditional cash or digital transactions, traveler’s cheques are still accepted in Vietnam. Banks are primarily the place to encash these. Safety and security are the benefits of Travelers Cheques, but they also carry substantial transaction fees.


As a traveler in Vietnam, you have several viable options for exchanging currency. Being prepared and understanding the money exchange realm will undoubtedly result in a smoother financial experience when it comes to enjoying all that Vietnam has to offer. Keep in mind, though, that it's always wise to have a small amount of currency exchanged before you arrive in the country for immediate spendings like taxi fees. Lastly, always keep an eye on the exchange rates and fees charged by different platforms to ensure you’re getting the best deal. In this realm of number dance, knowledge is power. Thus, enjoy Vietnam, a country rich in culture, tradition, and mouth-watering cuisine, without the needless worry of currency exchange. Every dong counts!