Official exchange rate in Viet Nam
Viet Nam: Official exchange rate was 24,165 LCU per US$, period average in 2024. ▲ Rising
Official exchange rate in Viet Nam, 1983–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
Viet Nam recorded 24,165 LCU per US$, period average for official exchange rate in 2024. That is the highest value across all 40 years on record.
The figure is up 1.6% on the previous year and up 14.3% over ten years.
Over the whole period, official exchange rate in Viet Nam peaked at 24,165 LCU per US$, period average in 2024 and was at its lowest, 1 LCU per US$, period average, in 1983.
Viet Nam ranks 3rd of 213 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1,043 LCU per US$, period average | 1 LCU per US$, period average | 4,502 LCU per US$, period average | 5 |
| 1990s | 11,043 LCU per US$, period average | 6,538 LCU per US$, period average | 13,943 LCU per US$, period average | 10 |
| 2000s | 15,675 LCU per US$, period average | 14,168 LCU per US$, period average | 17,065 LCU per US$, period average | 10 |
| 2010s | 21,369 LCU per US$, period average | 18,613 LCU per US$, period average | 23,050 LCU per US$, period average | 10 |
| 2020s | 23,518 LCU per US$, period average | 23,160 LCU per US$, period average | 24,165 LCU per US$, period average | 5 |
Countries ranked near Viet Nam
More financial sector data for Viet Nam
- Net domestic credit (current LCU), per capita 121.47 million current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 29,286 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 11.41 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 0 SDR (2019)
- Gold reserves at market value 0 SDR (2019)
- Reserves excluding gold, foreign exchange 61.06 billion SDR (2025)
- Reserves excluding gold 62.49 billion SDR (2025)
- Total reserves (gold at market value) 62.49 billion SDR (2025)
- Total reserves (gold at national valuation) 63.49 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 624.87 SDR per person (2025)
Frequently asked questions
- What is official exchange rate in Viet Nam?
- Official exchange rate in Viet Nam was 24,165 LCU per US$, period average in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Viet Nam?
- The highest recorded value was 24,165 LCU per US$, period average in 2024.
- What is the lowest official exchange rate recorded in Viet Nam?
- The lowest recorded value was 1 LCU per US$, period average in 1983.
- How does Viet Nam rank for official exchange rate?
- Viet Nam ranks 3rd out of 213 countries with data for 2024.
- Is official exchange rate rising or falling in Viet Nam?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
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About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.