Official exchange rate (LCU per US$, period average) (International) in Vietnam
Vietnam: Official exchange rate (LCU per US$, period average) (International) was 24,165 LCU per US$, period average in 2024. ▲ Rising
Official exchange rate in Vietnam, 1983–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
Vietnam recorded 24,165 LCU per US$, period average for official exchange rate in 2024. That is the highest value across all 40 years on record.
The figure is up 1.6% on the previous year and up 14.3% over ten years.
Over the whole period, official exchange rate in Vietnam peaked at 24,165 LCU per US$, period average in 2024 and was at its lowest, 1 LCU per US$, period average, in 1983.
Vietnam ranks 3rd of 215 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Official exchange rate (LCU per US$, period average) (International) in Vietnam, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1983 | 1 LCU per US$, period average | — |
| 1986 | 22.94 LCU per US$, period average | +2189.6% |
| 1987 | 78.95 LCU per US$, period average | +244.2% |
| 1988 | 611.65 LCU per US$, period average | +674.7% |
| 1989 | 4,502 LCU per US$, period average | +636.0% |
| 1990 | 6,538 LCU per US$, period average | +45.2% |
| 1991 | 10,122 LCU per US$, period average | +54.8% |
| 1992 | 11,202 LCU per US$, period average | +10.7% |
| 1993 | 10,641 LCU per US$, period average | -5.0% |
| 1994 | 10,966 LCU per US$, period average | +3.1% |
| 1995 | 11,038 LCU per US$, period average | +0.7% |
| 1996 | 11,033 LCU per US$, period average | -0.1% |
| 1997 | 11,683 LCU per US$, period average | +5.9% |
| 1998 | 13,268 LCU per US$, period average | +13.6% |
| 1999 | 13,943 LCU per US$, period average | +5.1% |
| 2000 | 14,168 LCU per US$, period average | +1.6% |
| 2001 | 14,725 LCU per US$, period average | +3.9% |
| 2002 | 15,280 LCU per US$, period average | +3.8% |
| 2003 | 15,510 LCU per US$, period average | +1.5% |
| 2004 | 15,746 LCU per US$, period average | +1.5% |
| 2005 | 15,859 LCU per US$, period average | +0.7% |
| 2006 | 15,994 LCU per US$, period average | +0.9% |
| 2007 | 16,105 LCU per US$, period average | +0.7% |
| 2008 | 16,302 LCU per US$, period average | +1.2% |
| 2009 | 17,065 LCU per US$, period average | +4.7% |
| 2010 | 18,613 LCU per US$, period average | +9.1% |
| 2011 | 20,510 LCU per US$, period average | +10.2% |
| 2012 | 20,828 LCU per US$, period average | +1.6% |
| 2013 | 20,933 LCU per US$, period average | +0.5% |
| 2014 | 21,148 LCU per US$, period average | +1.0% |
| 2015 | 21,698 LCU per US$, period average | +2.6% |
| 2016 | 21,935 LCU per US$, period average | +1.1% |
| 2017 | 22,370 LCU per US$, period average | +2.0% |
| 2018 | 22,602 LCU per US$, period average | +1.0% |
| 2019 | 23,050 LCU per US$, period average | +2.0% |
| 2020 | 23,208 LCU per US$, period average | +0.7% |
| 2021 | 23,160 LCU per US$, period average | -0.2% |
| 2022 | 23,271 LCU per US$, period average | +0.5% |
| 2023 | 23,787 LCU per US$, period average | +2.2% |
| 2024 | 24,165 LCU per US$, period average | +1.6% |
Vietnam compared with similar countries
- Vietnam's 24,165 LCU per US$, period average is above the median for upper middle income countries, which is 17.38 LCU per US$, period average, 1390.6× the median. (59 countries reporting)
- Vietnam's 24,165 LCU per US$, period average is above the median for East Asia & Pacific, which is 4.2 LCU per US$, period average, 5748.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate (LCU per US$, period average) (International) in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +2189.6% | 1 LCU per US$, period average | 22.94 LCU per US$, period average |
| 1988 | +674.7% | 78.95 LCU per US$, period average | 611.65 LCU per US$, period average |
| 1989 | +636.0% | 611.65 LCU per US$, period average | 4,502 LCU per US$, period average |
| 1987 | +244.2% | 22.94 LCU per US$, period average | 78.95 LCU per US$, period average |
| 1991 | +54.8% | 6,538 LCU per US$, period average | 10,122 LCU per US$, period average |
| 1990 | +45.2% | 4,502 LCU per US$, period average | 6,538 LCU per US$, period average |
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$, period average | 5 |
Countries ranked near Vietnam
More financial sector data for Vietnam
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0001 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0001 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is official exchange rate in Vietnam?
- Official exchange rate in Vietnam was 24,165 LCU per US$, period average in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Vietnam?
- The highest recorded value was 24,165 LCU per US$, period average in 2024.
- What is the lowest official exchange rate recorded in Vietnam?
- The lowest recorded value was 1 LCU per US$, period average in 1983.
- How does Vietnam rank for official exchange rate?
- Vietnam ranks 3rd out of 215 countries with data for 2024.
- Is official exchange rate rising or falling in Vietnam?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, 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.