USDVND Price, Chart, Live Rate and Forecast -Markets.com

USDVND

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Analysis and statistics

Open
26546.139$
Previous Close
26202.2838$
52 Week Change
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Day Range
343.86$
52 Week High/Low
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Dividend Per Share
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Market cap
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EPS
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Beta
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Volume
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About

USDVND.FOREX represents the exchange rate between the United States Dollar (USD) and the Vietnamese Dong (VND) in the foreign exchange (FOREX) market. It indicates how many Vietnamese Dong are needed to purchase one United States Dollar. This is a widely traded currency pair, influenced by economic factors in both the US and Vietnam, including interest rates, inflation, trade balances, and geopolitical events. The price fluctuates constantly based on supply and demand in the global currency markets.

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Factors

Interest Rate Differentials: Higher US rates versus Vietnam attract investment, strengthening USD.

Economic Growth: Strong US growth, weak Vietnam growth favors USD.

Inflation Rates: Higher US inflation weakens USD; higher Vietnam inflation weakens VND.

Government Debt: High US debt can weaken USD; high Vietnam debt weakens VND.

Political Stability: US stability strengthens USD; Vietnam stability strengthens VND.

Trade Balance: US trade surplus strengthens USD; Vietnam trade surplus strengthens VND.

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