Convert Vietnamese Dong to Korean Won
Convert Vietnamese dong (VND) to Korean won (KRW) at the mid-market rate, and see what local prices in Da Nang, Nha Trang, Ho Chi Minh City and Hanoi really come to in won — plus how that differs from what banks and cards actually charge.
🔒 Unit conversions are computed in your browser (exchange rates via public API only).
What drives the Vietnamese dong
The dong isn't a free float — the State Bank of Vietnam sets a daily reference rate and lets it trade within a band, effectively managed against the US dollar. So when the dollar strengthens, the dong tends to soften, and that ripples into the won figure here. Tourism receipts, electronics and textile exports, and remittances from Vietnamese working abroad all shape supply and demand for the dong. Because this dong-to-won value is calculated through the won, it also reflects whether the won itself is strong or weak against the dollar.
All those zeros: sizing up dong in won
Dong comes in big denominations, so prices trail a lot of zeros — a bowl of pho at 50,000, a taxi at 150,000, a massage at 400,000. If the rate were about 0.055 won per dong, then 100,000 dong is roughly 5,500 won and 1,000,000 dong about 55,000 won. As a quick mental shortcut, dividing the dong amount by roughly 18 gets you in the right ballpark for won. Treat these as examples only, and check the actual figure at the reference-date rate shown on screen.
Screen rate vs. paying in Da Nang or Ho Chi Minh
The number here is the mid-rate before any spread, so real exchange and card charges land a bit less favorably. Vietnam still runs heavily on cash for markets, small eateries and cash Grab rides, so you'll want some dong — and downtown gold shops or licensed money changers usually beat the airport counters. When a card terminal asks whether to charge in won, choose dong (VND) to avoid the double conversion fee of DCC. Vendors may take US dollars, but usually at a rate that works against you.
Frequently asked questions
Is this rate the same as what a bank or money changer actually gives me?
No. This is the mid-market (reference) rate with no spread. Banks, money changers and airport counters add a spread and fees on top, so cash exchange in particular can come out noticeably worse than the on-screen value. What you actually pay depends on where you change your money.
How often does this dong rate update? Does it change on weekends?
The dong isn't quoted by Korea's Eximbank, so we pull a mid-rate based on public exchange-rate data once per business day and cache it. On weekends and holidays there's no new value, so the last business day's rate carries over, with the reference date shown on screen. That means it can differ slightly from a live quote at the moment you visit.
In Vietnam, is cash or card the better bet?
Hotels, larger restaurants and supermarkets in tourist areas take cards fine, but markets, street food and small purchases are easier — and cheaper — with cash in dong. When you do use a card, pay in the local currency (VND) rather than won to avoid the double conversion of DCC. Splitting it — card for big amounts, cash for small ones — usually works well.