Travel to Vietnam – How Much Money to Exchange

Vietnam – the land of beautiful beaches, epic food culture and sensational landscapes. Yes, there is nothing you can not do here in Vietnam, from tasting the best Pho in Hanoi to hiking the Cat Ba island or lighting a lantern in Hoi An, and the experience will be just phenomenal. But before you pack your suitcase to explore the fun and sun, do you know how much money you need to exchange to travel to Vietnam and to experience the complete version of this charming country? Glad you asked.

With a bit of surfing and searching on Google, you will soon know that Vietnam is a cash dependent country, so don’t get yourself stunned at a local beach bar or a street food vendor just because they don’t accept any of your cards.

If you want to live through every corner of Vietnam, exchanging Vietnam Dong (VND) before you jet is a must. First Eastern FX provides bank-beating rates VND exchange. That means more money for that authentic full-topping Banh Mi you’ve been fantasising about!

Check out our best rate and be sure to read our Vietnam money travel guide:

Why Exchange Cash to Vietnam?

  • Cash payments are accepted everywhere and are widely used in Vietnam with over 90% transactions made in 2020 are cash based.
  • A wide range of tourist attractions, street vendors and markets don’t accept cards (taxi, temple entry ticket, street food stalls, etc.)
  • There may be commission and surcharge fees from 1%-3% when paying on debit and credit cards.
  • There are also fees when withdrawing money from foreign cards by ATMs, also keep in mind that some foreign cards are not accepted at Vietnam’s ATMs and it could end up blocking your card.
  • Bank-card skimmers are highly prevalent, and thus cash is typically the safer option, but be sure to check our guide to stash your travel cash for extra safety
Budget:
Average daily cost: 357,000₫
Weekly (Per Person): 2,499,000₫
Monthly (Per Person): 10,710,000₫
Accomodation (Hostels per person): 136,000₫
Food (Meals for one day): 126,000₫
Water (A bottle): 12,000₫
Coffee: 30,000₫
Ice Cream: 15,000₫
Transportation (motor hire for one day): 120,000₫
Transportation (taxis, local buses, etc.): 70,000₫
Hoan Kiem Lake: Free!
Nguyen Hue Walking Street: Free!
Ha Long Bay Ticket: 250,000₫
Hoi An Old Town: 120,000₫

Mid-Range:
Average daily cost: 1,020,000₫
Weekly (Per Person): 7,140,000₫
Monthly (Per Person): 30,600,000₫
Accomodation (Hostels per person): 529,000₫
Food (Meals for one day): 395,000₫
Water (A bottle): 12,000₫
Coffee: 30,000₫
Ice Cream: 20,000₫
Transportation (motor hire for one day): 120,000₫
Transportation (taxis, local buses, etc.): 200,000₫
Hoan Kiem Lake: Free!
Nguyen Hue Walking Street: Free!
Ha Long Bay Ticket: 250,000₫
Hoi An Old Town: 120,000₫

Luxury:
Average daily cost: 3,740,000₫
Weekly (Per Person): 21,840,000₫
Monthly (Per Person): 112,200,000đ
Accomodation (Hostels per person): 1,780,000₫
Food (Meals for one day): 782,000₫
Water (A bottle): 12,000₫
Coffee: 52,000₫
Ice Cream: 32,000₫
Transportation (motor hire for one day): 120,000₫
Transportation (taxis, local buses, etc.): 264,000₫
Hoan Kiem Lake: Free!
Nguyen Hue Walking Street: Free!
Ha Long Bay Ticket: 250,000₫
Hoi An Old Town: 120,000₫

Cash top tips:

  1. Vietnam does not use coins.
  2. Denominations:
    – Polymer Notes: 500,000₫, 200,000₫, 100,000₫, 50,000₫, 40,000₫, 30,000₫, 20,000₫, 10,000₫.
    – Paper notes: 5,000₫, 2,000₫, 1,000₫.
  3. Remember to check for the notes carefully and do not accept damaged notes from others as it will be hard for you to use them again.

Now you know just how much money to exchange to travel to Vietnam and there are endless reasons why you should get on board to fly to Vietnam. From North to South, this country will definitely make the ‘grumpiest’ traveller enjoy at its most!

To make your travel life easier, First Eastern FX always keeps VND cash in-stock for you to get ready to travel (we know that you couldn’t wait any longer to jet off!) – simply order it online to secure our best rate or hop in one of our conveniently located stores around Australia.

Your travel cash can be even simpler than this money travel guide!

*This data is derived in 2022 from the travel budgets of real travellers. The average daily costs are determined from the travel budgets submitted by travellers on forums, relevant accommodation booking websites and historical monument booking sites. Only those costs that fall within a reasonable range of the median are included, eliminating outliers.

— First Eastern FX, your foreign exchange experts
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