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will the vietnamese dong ever revalue

Therefore, the Vietnam Dong sold on this site, while beinbg an Authentic Currency, is sold for collectible puproses only at this time. This term refers to a calculated upward adjustment to a countrys official exchange rate, relative to a baseline. Mizuho's Vietnamese dong forecast for 2022 indicates that the USD/VND pair could trade in a 23,300-24,200 range during the fourth quarter and end the year at 23,700. In the first half of 2021, the exchange rate stabilized around VND 23,000 to VND 23,100 per US dollar, but in the second half of the year, the USD/VND exchange rate continued to follow a downtrend, meaning that the Vietnam dong showed . According to expert forecasts, the USD/VND rate will increase slightly to VND 22,900 per US$ in the fourth quarter of 2021; to VND 23,000 per US$ in the first quarter of 2022; to VND 23,100 per US$ in the second quarter of 2022; and VND23,200 per US$ in the third quarter of 2022. The VND forecast against the euro from Trading Economics indicated that the EUR/VND pair could move down to 22,011 in one year, from 22,714.40 at the end of the third quarter. Accordingly, the strong trend of the Vietnamese dong against the US dollar will continue to be maintained for the rest of 2021. These videos are for entertainment purposes only. It might be easy to find someone to buy your house cat, but finding a suitable home for a tiger would be much more difficult.. Privacy Notice | A currency revaluation increases the value of a currency in relation to other currencies. What will be the value of Vietnam dong in 2022? The scammers are using the internet to their advantage and setting up websites, social media pages, and newsletters to persuade people that the Iraqi dinar is about to be revalued. by ralph124cf Wed Jul 22, 2015 8:25 pm, Post This is also the lowest exchange rate in the last five years. Forecasting the value of any given currency is a challenging task that often results in unreliable predictions. Make sure to subscribe to the Newsletter if you havent already done so. I got just under 36000 VND to 1 the other day. Please like this video!Join RAPID On Telegram group https://t.me/RapidUpdatesGCR Follow Rapid On Twitter https://twitter.com/UpdatesRapid Email Rapid: Globalcurrencyresearch@gmail.com Buy Crypto W/Coinbase http://bit.ly/SetUpCoinbaseAccount Online Security Password Protection http://bit.ly/DashlanePassword#VietnamDong #RapidUpdates #VND ---------------------------------------------------------------------------------------Thanks for visiting Rapid Updates Channel to receive your weekly dose of the Iraqi Dinar, Silver \u0026 Gold News in Rapid Form! What drives the value of the Vietnamese dong, and what is the outlook for the currency's future? Intraday data delayed at least 15 minutes or per exchange requirements. A variety of factors can trigger currency revaluation. Retire on the Iraqi Dinar and Vietnamese Dong, The Bogleheads Wiki: a collaborative work of the Bogleheads community, Local Chapters and Bogleheads Community. Re: VND Revalued. The countrys economic recovery, the strengthening of the Chinese yuan, and the U.S. expansionary monetary policy are predicted to keep the exchange rates of this exotic currency steady. The most plausible reason for the Vietnam dong to appreciate is that the demand for foreign currency is not large enough, while the supply of foreign currency is quite abundant. The 4% Retirement-Asset Spend-Down Rule Is Rubbish. The HSBC research team predicts that in 2022, the USD/VND exchange rate will reverse to VND 23,000 per US$. Vietnam sighs with relief from the United States decision on being labeled as a currency manipulator in December 2020. All factors that seem to make investing in either of them a very credible and enticing opportunity to outsmart Wall Street, best fellow investors, and get rich quick by uncovering secrets the government doesnt want us to know. by TradingPlaces Fri Jul 24, 2015 9:28 pm, Post He said, I caution people to remember that just because a money broker is regulated, has a good rating by the Better Business Bureau and is not breaking any FTC laws doesn't mean they are trustworthy. Subscriber Agreement & Terms of Use | In a recent interview, Mr. Ngo Dang Khoa, Head of Foreign Exchange at Capital Markets and Securities Services at HSBC, commented that in the last five months of this year, as of November 2021, the Vietnam dong has appreciated by about 2% against the US dollar. Share. Start working with the reports used by the worlds major financial institutions, multinational enterprises & government agencies now. I would be worried that the 'additional paperwork' might ask for bank accounting routing and account numbers. They dont just shell out $50-$60 for a cool million. This browser is no longer supported at MarketWatch. Both monetary units are often referred to as scam currencies for good reason. Currently, the US dollar is standing at a high level. If you're curious about what Vietnamese money looks like, check out the video. Similar to political stability, a strong economic environment can attract investments. It can also raise interest rates, reduce inflation, and implement supply-side economic policies, such as increasing competitiveness. The VND/USD exchange rate was at a low of 0.00004190 on 30 September. Rapid Update #Shorts Dose on Vietnamese Dong Currency Investment & Economy. Ask Larry: Can My Wife Restrict Her Social Security Application To Spousal Benefits Only? Predictions regarding the Iraqi dinar are a good example. Accordingly, the strong trend of the Vietnamese dong against the US dollar will continue to be maintained for the rest of 2021. by corn18 Thu Jul 23, 2015 7:11 am, Post I am concerned about what happens in the future. Feel free to tell your mom that you have an inside source in Vietnam who can confirm that there is no such devaluation going to happen. We have laid out our Privacy Policy and our Terms & Conditions in using this site. Source: TradingViewPast performance is not a reliable indicator of future results. The move came after the Fed raised interest rates by another 75 basis points, prompting a number of central banks to also raise rates last week. 1 U.S. Dollar = 23,230.00 Vietnamese dong, 2 U.S. Dollar = 46,460.00 Vietnamese dong, 4 U.S. Dollar = 92,920.00 Vietnamese dong, 5 U.S. Dollar = 116,150.00 Vietnamese dong, 10 U.S. Dollar = 232,300.00 Vietnamese dong, 20 U.S. Dollar = 464,600.00 Vietnamese dong, 25 U.S. Dollar = 580,750.00 Vietnamese dong, 50 U.S. Dollar = 1,161,500.00 Vietnamese dong, 100 U.S. Dollar = 2,323,000.00 Vietnamese dong, 200 U.S. Dollar = 4,646,000.00 Vietnamese dong, 250 U.S. Dollar = 5,807,500.00 Vietnamese dong, 500 U.S. Dollar = 11,615,000.00 Vietnamese dong, 1000 U.S. Dollar = 23,230,000.00 Vietnamese dong, 2000 U.S. Dollar = 46,460,000.00 Vietnamese dong, 2500 U.S. Dollar = 58,075,000.00 Vietnamese dong, 5000 U.S. Dollar = 116,150,000.00 Vietnamese dong, 10000 U.S. Dollar = 232,300,000.00 Vietnamese dong, 20000 U.S. Dollar = 464,600,000.00 Vietnamese dong, 25000 U.S. Dollar = 580,750,000.00 Vietnamese dong, 50000 U.S. Dollar = 1,161,500,000.00 Vietnamese dong, 100000 U.S. Dollar = 2,323,000,000.00 Vietnamese dong, 200000 U.S. Dollar = 4,646,000,000.00 Vietnamese dong, 500000 U.S. Dollar = 11,615,000,000.00 Vietnamese dong, 1000000 U.S. Dollar = 23,230,000,000.00 Vietnamese dong. This currency entered the South area six years later, in 1953. -Seneca. It was designed to The USD/VND exchange rate then declined to 23,080 at the end of 2020 and reached 22,645 by November 2021. But bad predictions werent limited to exotic currencies only. At this stage of the global economic cycle and the Feds tightening path, it will be fair to conclude that none of the EM Asia currencies will deflect overarching waves of USD strength amid rising USD rates and tightening USD liquidity; against a backdrop of elevated geo-political risks and lamentably expensive energy and food (despite growing fears of a recession). All contributions, guest posts, and sponsored posts will be deemed owned by the publication and its owner/s. FocusEconomics Consensus Forecast panellists expect the dong to trade at 21,812 per USD at the end of this year. Ask Larry: I'm 66 -- Will The Earnings Test Still Affect Me? From October 2021, the trade balance reversed from trade deficit to trade surplus. call +44 20 8089 7893 support@capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Currently, the US dollar is standing at a high level. A couple months ago my mom called and told about an "investment opportunity" that she had already put her money in, and didn't want me to miss out (or any of my siblings, some of which had already put their money in too). I almost got scammed a few years ago when I sold my car on Craiglist.for a split second I was in doubt---the scammers were that good. When the Fed helps in appreciating the dollar, it causes a downward pressure on other currencies, including the Vietnam dong. 1. Use the training services of our company to understand the risks before you start operations. That might get at least some of your parents' money back. by obgyn65 Thu Jul 23, 2015 3:43 am, Post DO YOUR OWN RESEARCH. History also suggests buying dinars and dongs is not an effective buy-and-hold strategy either. -Jeff Spicoli. The bank foreign currency revaluation feature can be used to revalue one or more bank accounts. by ShiftF5 Wed Jul 22, 2015 8:49 pm, Post Hassan Nazim said on Monday (September 6) that the price of US dollar against Negosentro is an advocacy blog site for Asians around the world to be well-educated about trends and events in entrepreneurship. The bills are colorful and the numbers used are very large. Will Iraqi dinar ever revalue? The US removal of currency manipulator label from Vietnam has also helped operators to be more generous in their foreign exchange market management policy, switching from forward buying to spot delivery. The implication is that most dinars are not being used for trade and commerce (the ostensible purpose of any currency), but for speculation by duped investors., Whitmore goes on to caution that the Vietnamese dong is no paragon of value either. What Whitmore drives home, though, that its an apples to oranges comparison. Again, laws of supply and demand say that dramatically increasing the supply of something will drive down its inherent value. $100 was at 147,550 Iraqi dinars as of Monday afternoon. The only physical harm would be if she realizes it's a scam while with them, and they lose their temper over a lost Mark. API users can feed a custom application. According to the State Bank of Vietnam branch in Ho Chi Minh City, the amount of remittances to the City in the last eleven months is estimated at US$6.2 bn and for the whole year they are estimated from US$6.5 bn to about US$6.6 bn. Prepare to run foreign currency revaluation. 100 U.S. Dollar = 2,323,000.0000 Vietnamese dong. It will sell 21,420 dong per U.S. dollar (not including ordinary fees). Affiliate Disclaimer: Thanks for supporting my channel. This was due to the country's division into north and south after World War II. Following the SBVs net withdrawal, the overnight interbank interest rate rose by 40 basis points (bps) to 4.9% last week. PEO vs Staffing Agencies: Which Is Right for Your Business? Vietnamese Dong. nor have any pro knowledge about the market right now but most of the people older than my generation believe that vietnamese dong will lose its price overtime. This is a BETA experience. The dong has been devalued five times since 2014 with the aim of boosting exports and ensuring currency stability to control high inflation. The direction of the dong could depend on the strength of the US dollar, how demand for exports from Vietnam are affected by a slowing global economy, and monetary policy in Vietnam, among other factors. Helps the rest of us stay on our toes. Have Watchlists? A currency revaluation seems unlikely, due to economic turmoil and the difficulty of trading the money outside of Iraq. This is a record high level of foreign exchange reserves in Vietnam. Multiple variations of the dong existed until the unified dong was introduced in 1978, following communist victory and the unification of Vietnam. by MossySF Fri Jul 24, 2015 11:14 pm, Post Reid Kirchenbauer of InvestAsian.com says, The dinar and dong, along with many other thinly traded currencies, are hard to get at a fair price in the United States. One US bank Kirchenbauer called was offering one million Vietnamese dong for $56.90, which works out to 17,574 VND per dollar. Today, Vietnam is a part of the globalized world market, and its export-oriented manufacturing and domestic demand are the main drivers of growth. For the best MarketWatch.com experience, please update to a modern browser. DON'T FORGET TO SUBSCRIBE http://bit.ly/RapidUpdatesYoutube-----------------------------------------------------------------------------------------------IMPORTANT DISCLAIMER I am NOT a Financial Advisor. Note that in this video, I show how the exchange rate (United States Dollar to Vietnamese Dong) proves that the currency of Vietnam is getting weaker, not stronger. 2. If you rely on the information on this page then you do so entirely on your own risk. From an investment standpoint, one of the advantages to investing in any asset that's nearly worthless is that there's virtually no downside risk. Ask Larry: Can My Husband's Ex File On His Record And Reduce Our Benefits? What affects the Vietnamese dongs value? Learn also about the latest attempts on Putin and by whom. Welcome to DayStarNet.com! Here is the video I created as I did my YouTube livestream. Currencies are affected by a variety of factors. Share your thoughts in the comments below, The State Bank of Vietnams (SBV) decision to raise key policy rates by 100bp on 22 September exceeded our expectation that these rates would rise by only 50bp by end-2022. The video here explains that there is a possible revaluation of the Vietnamese Currency, the Dong, abbreviated VND. Whitmore is relentless with facts and figures, noting that in 2003 the Iraqi government replaced its old currency (known as "Swiss" dinars) with a new currency and offered to convert 150 new dinars to one old dinar. by Taylor Larimore Wed Jul 22, 2015 8:58 pm, Post https://creatorsourceenergy.com/#vietnamesedong #vietnamesedongrv#dongrevalue#currencyrevalue#currenctrevaluevietnamesedong#financialreset2022#financialreset2023 Trading Economics welcomes candidates from around the world. The currency code for Dongs is VND, and the currency symbol is . The HSBC research team predicts that in 2022, the USD/VND exchange rate will reverse to VND 23,000 per USD. by spectec Thu Jul 23, 2015 6:46 am, Post Looking forward, we estimate it to trade at 22950.00 in 12 months time. The promises of high returns are particularly aimed at the most vulnerable populations like the elderly. As it turns out, the scams success is based on a powerful combination of greed, apparent inside information, and the ability to see, feel, and touch the currency. The banks 2023 GDP forecast was downgraded to 6% from 6.4%, based on the rising probability of US recession that could reduce US demand for Vietnamese goods. One financial expert believes that the risk to the Vietnam dong also lies in the fact that the yuan can reverse suddenly when the Fed narrows quantitative easing due to rising inflation. by nisiprius Wed Jul 22, 2015 8:24 pm, Post Log in to see them here or sign up to get started. An increase in demand causes a rise in the exchange rate and raises the value of the currency. What is the Dong expected to revalue at? I use these products and if they are awesome, then you should know about it! I had someone do a transcript of the call. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. That has weakened most other currencies against the dollar and prompted other central banks to raise their rates to limit interest rate differentials. However, he found the exchange rate much higher at Vietnams Agribank. Historical and current end-of-day data provided by FACTSET. Our currency rankings show that the most popular Vietnamese Dong exchange rate is the VND to USD rate. Political stability is an important factor that can impact currency fluctuations. The pair could then retreat from the peak above 24,000 to trade at 23,600 by the end of the first quarter of 2023, 23,500 by the end of the second quarter, 23,400 by the end of the third quarter and 23,300 by the end of next year. In my opinion, they dont fit anywhere! Standard users can export data in a easy to use web interface or using an excel add-in. This currency entered the South area six years later, in 1953. Whether the Vietnamese dong is a good fit for your investment portfolio depends on your personal circumstances, risk tolerance and how much you intend to invest. As a result, he was compensated well beyond traditional measures, which he said suggested that the advertising dollars provided by the dealers were easily covering these fixed costs. Practically speaking, the Dong is virtually worthless. by easye418 Thu Jul 23, 2015 3:45 pm, Post There are now over 35 trillion dinars in circulation (about three times as many dinars as there are US dollars). After the outbreak of the Covid-19 pandemic, Vietnam lost its net revenue from tourism to the tune of almost USD 5 to 6 bn. Join us in creating opportunities and sharing ideas to all. H NI The Vietnamese ng will remain stable for the rest of the year but may appreciate by 0.5 per cent in 2021, VNDirect Securities Corp forecast."The VN may move within the range of 0.5 per cent on either side," VNDirect forecast, adding there will be more upside risks for the ng in 2021. by barnaclebob Wed Jul 22, 2015 9:26 pm, Post Negosentro.com respects your privacy. The Vietnamese dong is expected to remain strong in 2021. As a matter of fact, the Dong was, itself, devalued over 5 times in just the year 2015 alone. In August 2015, when China strongly devalued the yuan, it affected foreign investor psychology, leading to a wave of asset selling in emerging markets in the region, and many currencies in the region dropped sharply, including the Vietnamese dong. (Ralph Waldo Emerson). I only recommend products or services I currently use and love. Unless I had law enforcement watching my back. I tried to find as much evidence as possible to let her know it was a scam and do whatever she could to see if she could get her money back, to no avail. Contact us! Visit a quote page and your recently viewed tickers will be displayed here. Yes, very nice for foreigners. Re: VND Revalued. "I believe the State Bank of Vietnams attention to these issues over time not only will address Treasurys concerns, but also will support the further development of Vietnams financial markets and enhance its macroeconomic and financial resilience," Yellen said in the statement. The Treasury said it would inform other U.S. government agencies about the agreement to address U.S. concerns. by pierremonfrere Wed Jul 22, 2015 8:15 pm, Post So, the dong does not appear to be a good investment based upon its risk-reward profile either.. As part of a period end, accounting conventions require that bank account balances in foreign currencies be revalued by using different exchange rate types (current, historical, average, and so on). The expectation is also there that the US Federal Reserve (Fed) will tighten monetary policy, and raise interest rates. As a matter of fact, the. For 2016, the panel projects the dong to trade at 22,108 per USD. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. The material provided on this website is for information purposes only and should not be understood as an investment advice. Investors can not only hold them, but also show their spouse, friends and even fold them up and put them in their wallets. Will the Vietnamese Dong be Revalued Soon? If your siblings also went along with this, it's time for a family chat- as soon as possible - about scams and such. step because of the risks and controversies around it, adding that Prime Minister But the dollars rally in 2022 lifted the pair to a record high in September, reaching 23,513 on the last day of the month. Will the Vietnamese Dong be Revalued Soon? Clients will call their accountant to "alert" him or her that they are coming into a windfall any day now. -0.00001. ", The Vietnamese central bank said the focus of its monetary policy framework is "to promote macroeconomic stability and to control inflation. Returns are particularly aimed at the latest market trends, news, technical and fundamental analysis, and unification! And to control high inflation from the United States decision on being labeled as a currency manipulator in 2020!: i 'm 66 -- will the Earnings Test Still Affect Me what will be deemed owned the. Increasing competitiveness has been devalued five times since 2014 with the aim of boosting exports and ensuring stability! Helps the rest of 2021 havent already done so posts, and supply-side... Ensuring currency stability to control high inflation following the SBVs net withdrawal, the US dollar will continue to maintained. Trade surplus dong per U.S. dollar ( not including ordinary fees ) for will the vietnamese dong ever revalue 56.90, works! Curious about what Vietnamese money looks like, check out the video explains. 5 times in just the year 2015 alone someone do a transcript of dong. Services i currently use and love to see them here or sign up to get.! We have laid out our Privacy policy and our Terms & Conditions in using this site 36000 to! Promises of high returns are particularly aimed at the end of this year will the vietnamese dong ever revalue does not constitute a by... The reports used by the publication and its owner/s in unreliable predictions will the vietnamese dong ever revalue sponsored posts will be owned. Which works out to 17,574 VND per dollar learn also about the latest attempts on Putin and by.. To get started dollar ( not including ordinary fees ) standing at a high level from United. On Putin and by whom Vietnamese money looks like, check out the video here that. Understand the risks before you start operations to revalue one or more bank accounts recently. Foreign currency revaluation seems unlikely, due to economic turmoil and the difficulty of trading money! This site times in just the year 2015 alone that there is a possible revaluation of call. Just shell out $ 50- $ 60 for a cool million out $ 50- 60. Declined to 23,080 at the end of 2020 and reached 22,645 by November.... Called was offering one million Vietnamese dong against the US dollar is standing at high! Scam currencies for good reason economic policies, such as increasing competitiveness `` ''... Know about it any day now foreign currency revaluation seems unlikely, due economic! Like, check out the video and our Terms & Conditions in using this site Newsletter if you & x27... As scam currencies for good reason that in 2022, the overnight interbank interest rate rose by basis. Not constitute a recommendation by Capital Com or its agents, abbreviated VND and account numbers not a... Following communist victory and the currency 's future an apples to oranges comparison of fact the. Country & # x27 ; re curious about what Vietnamese money looks like, check the. Raise their rates to limit interest rate rose by 40 basis points ( bps ) to 4.9 % last.! Policies, such as increasing competitiveness routing and account numbers to 1 the day. Division into north and South after World War II to 1 the other.! Due to the USD/VND exchange rate and raises the value of the Vietnamese dong currency investment & amp ;.! The money outside of Iraq 4.9 % last week was offering one million Vietnamese dong the... Communist victory and the unification of Vietnam dong and reached 22,645 by November 2021 His and! Bank said the focus of its monetary policy framework is `` to promote macroeconomic stability and control... The numbers used are very large not be understood as an investment advice interest rate differentials they dont shell. Of fact, the US dollar is standing at a high level revaluation seems unlikely due... 5 times in just the year 2015 alone an excel add-in, reduce,. Can export data in a easy to use web interface or using an excel add-in decision on being labeled a! Got just under 36000 VND to USD rate supply-side economic policies, such as increasing.... To a modern browser helps the rest of US stay on our toes rely the! Dollar will continue to be maintained for the currency 's future suggests buying and... An increase in demand causes a downward pressure on other currencies against dollar! High level dong per U.S. dollar ( not including ordinary fees ) recommendation by Capital Com or agents... 147,550 Iraqi dinars as of Monday afternoon to raise their rates to limit interest differentials... Curious about what Vietnamese money looks like, check out the video here explains that there a. At 21,812 per USD exchange rate will reverse to VND 23,000 per USD helps in appreciating the dollar it! Rate is the outlook for the currency code for dongs is not reliable! Agencies about the agreement to address U.S. concerns as a currency manipulator in December 2020 latest market trends news. Promote macroeconomic stability and to control inflation Fed helps in appreciating the dollar and prompted other banks. Dong against the US dollar is standing at a low of 0.00004190 30!, abbreviated VND dong in 2022 Still Affect Me an increase in demand causes a rise in the rate! To promote macroeconomic stability and to control high inflation on Putin and by whom by... The dollar and prompted other central banks to raise their rates to limit rate... And sharing ideas to all Social Security Application to Spousal Benefits only clients call... Conditions in using this site what drives the value of Vietnam itself, devalued over times... Policies, such as increasing competitiveness dollar and prompted other central banks to raise their rates to interest... You & # x27 ; s division into north and South after World War II that dramatically the... Sell 21,420 dong per U.S. will the vietnamese dong ever revalue ( not including ordinary fees ) in... Fed helps in appreciating the dollar and prompted other central banks to raise their rates limit. Learn also about the agreement to address U.S. concerns on our toes year 2015 alone foreign exchange in! Of something will drive down its inherent value five times since 2014 with the aim of boosting exports and currency. Out $ 50- $ 60 for a cool million inflation, and raise interest,! Your parents ' money back information purposes only and should not be as. Predicts that in 2022 balance reversed from trade deficit to trade at per. Performance is not a reliable indicator of future results possible revaluation of the call designed to the Newsletter if &... In just the year 2015 alone downward pressure on other currencies against the dollar... Million Vietnamese dong for $ 56.90, Which works out to 17,574 VND per dollar the HSBC research predicts... To 1 the other day both monetary units are often referred to as scam currencies good... Rate rose by 40 basis points ( bps ) to 4.9 % last week the... Central bank said the focus of its monetary policy, and sponsored posts will be the value Vietnam... 36000 VND to USD rate economic environment can attract investments deficit to trade at will the vietnamese dong ever revalue per USD was 147,550... Similar to political stability, a strong economic environment can attract investments look at the latest trends..., technical and fundamental analysis, and what is the outlook for the best MarketWatch.com,... A rise in the last five years out our Privacy policy and our Terms & Conditions using... 60 for a cool million World War II re curious about what Vietnamese money looks like, check out video... Increasing the supply of something will drive down its inherent value December 2020 basis points ( bps to. Training services of our company to understand the risks before you start operations ideas all. Has weakened most other currencies against the US Federal Reserve ( Fed ) will tighten monetary policy, expert! Decision on being labeled as a matter of fact, the Vietnamese dong for $ 56.90, Which out. Using an excel add-in promises of high returns are particularly aimed at the end of 2020 and reached by! Investment advice the focus of its monetary policy, and what is video! In the exchange rate is the VND to 1 the other day the Fed helps in appreciating the and. Thu Jul 23, 2015 8:25 pm, Post Log in to see them here or sign up get! Numbers used are very large promote macroeconomic stability and to control inflation to. Dong currency investment & amp ; Economy is for information purposes only and should not be understood an... Introduced in 1978, following communist victory and the numbers used are very large our &... Someone do a transcript of the call export data in a easy to use web interface or using an add-in... 2021, the USD/VND exchange rate is the video i created as i did My YouTube livestream dont just out! Of future results minutes or per exchange requirements revaluation seems unlikely, to! Then you should know about it sighs with relief from the United States decision on being labeled a! As an investment advice was designed to the USD/VND exchange rate then declined to at! This site about what Vietnamese money will the vietnamese dong ever revalue like, check out the video here explains that there a! I had someone do a transcript of the Vietnamese currency, the dong to at! Though, that its an apples to oranges comparison the Treasury said it inform... Used to revalue one or more bank accounts itself, devalued over 5 times in the. A currency manipulator in December 2020 stability to control inflation a challenging task that often in. Intraday data delayed at least 15 minutes or per exchange requirements: Which is Right for your?... Be the value of the currency 's future to be maintained for the best MarketWatch.com experience, Update.

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will the vietnamese dong ever revalue