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Vietnamese Dong to USD: 1000000 VND = 43.90 USD

Current Exchange Rates

As of [date], the exchange rate for Vietnamese Dong (VND) to US Dollar (USD) is 1 VND = 0.0000439 USD.

This means that 1000000 VND is equivalent to 43.90 USD.

Historical Exchange Rates

The following table shows the historical exchange rates for VND to USD over the past 5 years:

Date Rate (VND/USD)
[date 5 years ago] 22,950
[date 4 years ago] 23,100
[date 3 years ago] 23,250
[date 2 years ago] 23,400
[date 1 year ago] 23,550
[date] 22,970

As you can see, the exchange rate for VND to USD has been relatively stable over the past 5 years.

vietnamese dong to usd

Vietnamese Dong to USD: 1000000 VND = 43.90 USD

Factors Affecting the Exchange Rate

There are a number of factors that can affect the exchange rate between two currencies, including:

  • Economic growth: A country with a strong economy will typically have a stronger currency.
  • Inflation: Inflation can erode the value of a currency.
  • Interest rates: Higher interest rates can make a currency more attractive to investors.
  • Political stability: Political instability can lead to a weaker currency.
  • Demand for the currency: The demand for a currency can be affected by a number of factors, such as trade and tourism.

Applications

The exchange rate between VND and USD can be used for a variety of purposes, including:

  • International trade: Businesses that import or export goods and services need to be aware of the exchange rate in order to calculate the cost of their transactions.
  • Tourism: Travelers need to be aware of the exchange rate in order to budget for their trips.
  • Investment: Investors need to be aware of the exchange rate in order to make informed decisions about investing in different countries.

Conclusion

The exchange rate between VND and USD is an important factor to consider when engaging in international trade, tourism, or investment. By understanding the factors that affect the exchange rate, you can make informed decisions about your financial transactions.

Additional Information

Frequently Asked Questions

What is the current exchange rate for VND to USD?
As of [date], the exchange rate for VND to USD is 1 VND = 0.0000439 USD.

Current Exchange Rates

How has the exchange rate for VND to USD changed over the past 5 years?
The exchange rate for VND to USD has been relatively stable over the past 5 years.

Economic growth:

What factors can affect the exchange rate between two currencies?
There are a number of factors that can affect the exchange rate between two currencies, including economic growth, inflation, interest rates, political stability, and demand for the currency.

What are some applications for the exchange rate between VND and USD?
The exchange rate between VND and USD can be used for a variety of purposes, including international trade, tourism, and investment.

Time:2024-12-28 01:14:09 UTC

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