We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Vietnamese Dong - all time high - buy now or risk it?
ironlady2022
Posts: 1,574 Forumite
Hi
I'm booked to go to Vietnam in Sept this year. Looking at the exchange rates the pound can buy about 35000 dong the highest in last 12mths. I'm thinking of buying some early and in increments. Do you think this is way to go? What is the best place for exchange for small amounts -say £50. I say this as I doubt I will need more than £600 to spend for a fortnight.
The alternative is I get my cash out of my halifax clarity out there in Sept in one go but risk it being lower than it is now. What do you advise?
I'm booked to go to Vietnam in Sept this year. Looking at the exchange rates the pound can buy about 35000 dong the highest in last 12mths. I'm thinking of buying some early and in increments. Do you think this is way to go? What is the best place for exchange for small amounts -say £50. I say this as I doubt I will need more than £600 to spend for a fortnight.
The alternative is I get my cash out of my halifax clarity out there in Sept in one go but risk it being lower than it is now. What do you advise?
0
Comments
-
Given that GBP/VND is calculated by the multiplying the GBP/USD and USD/VND rates, I would pay more attention to GBP/USD. GBP/USD is expected by many to fall this year, whereas you won't find many views on USD/VND.
In any case, the cost of accumulating your long dong position in banknotes via bureaux de change could wipe out any advantage compared to just waiting and using your Halifax Clarity Card.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards