Convert VND to USD
The VND/USD currency pair's exchange rate experiences slight fluctuations on the release of important economic data from Vietnam and the US, including GDP, inflation, retail sales, trade balance and industrial production.
The VND and USD both experience volatility on the release of monetary policy and interest rate decisions by the State Bank of Vietnam and the Federal Reserve respectively. For instance, if the Fed hikes interest rates or tightens its monetary policy, the USD strengthens, driving some amount of bearishness in VND/USD, and vice versa.
VND/USD fell to a low of 0.00004228 on 24 March 2020. This was the weakest level this forex pair traded at during 2020.