Vietnamese Dong (VND) to USD — Vietnam Parallel Market Rate
By the ETCurrency rates deskUpdated hourly from P2P & exchange-market dataHow we calculate rates
As of October 19, 2026, one US dollar costs about 25,919 VND on the Vietnam parallel market, so the Vietnamese Dong is worth roughly $0.00004 each. In practical terms, 1,000 VND ≈ $0.03858 and 100,000 VND ≈ $3.86 at the street rate, versus the official State Bank of Vietnam (SBV) rate of about 25,869 VND per dollar.
Vietnam manages the dong within a narrow band, so the parallel premium is usually small and closely tied to the local gold market.
How much is the Vietnamese Dong worth in US dollars today?
Because the parallel market prices the dollar at about 25,919 VND, you divide any Vietnamese Dong amount by that figure to get its dollar value. For example, 10,000 VND ≈ $0.38582, 50,000 VND ≈ $1.93, and 1,000,000 VND ≈ $38.58. At the official rate the same Vietnamese Dong would convert to slightly more dollars on paper — but only if you can actually access dollars at that rate.
This is why the parallel rate matters for anyone holding Vietnamese Dong: it shows the real, market-clearing dollar value rather than an official rate that may be hard to obtain.
Why the VND to USD street rate differs from the bank
When you convert Vietnamese Dong to dollars at a bank, you get the official State Bank of Vietnam (SBV) rate — if dollars are available. On the parallel market the dollar is dearer, driven by factors such as a tightly managed dong, gold-market linkages, trade-surplus dynamics, so each Vietnamese Dong fetches fewer dollars there.
Today that difference is a very small premium of roughly 0.7%. The larger this gap, the more the official rate overstates what your Vietnamese Dong is really worth in dollars.
Converting Vietnamese Dong to dollars safely
Use our converter to turn any Vietnamese Dong amount into USD at the live parallel rate, and compare it side by side with the official rate. Exchange-rate figures here are aggregated from P2P platforms, community reports and market monitoring, and refreshed hourly.
These rates are published for information and price-transparency only — they are not an offer to trade and are not legal or financial advice. Many countries require foreign-currency transactions to go through licensed channels, so confirm the rules in Vietnam and use reputable providers before converting any Vietnamese Dong to dollars.