listening to these northern people talk is tiring and scary, at first they said there is no place better than Vietnam, people said there is, Thailand for example. Then they said they don't know, how can you talk if you don't know 🤣🤣
Vipfast
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How strong is the Vietnamese Dong compared to the world in 2024 Where does the Vietnamese currency rank in the world in terms of strength and exchange rate? According to Wikipedia, there are currently about 180 currencies in circulation across 193 countries, 2 observer states of the United Nations, and 9 independent territories.
In terms of value, the Vietnamese currency ranks near the bottom of the list of currencies in circulation worldwide. According to statistics from Forbes magazine, the Vietnamese Dong is the second weakest (cheapest) currency in the world (only higher than the Iranian Rial - IRR of Iran).
1 VND = 0.00004 USD (1 USD = 24,953 VND)
The actual value of a currency depends on many factors such as the stability of that country's economy, the level of inflation, and purchasing power. The Vietnamese currency has been weakened by a poor real estate market, restrictions on foreign investment, and a slowdown in exports recently.
Despite these challenges, Vietnam is transitioning from one of the poorest countries in the world to a lower-middle-income country. Vietnam is becoming one of the most dynamic emerging countries in the East Asia region.
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