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Ho Chi Minh City (Saigon), the largest city of Vietnam, attracts many tourists who are recommended to use Vietnamese Dong (VND) for daily expenses as it’s more cost effective than paying in US Dollars. Looking where to exchange money in Ho Chi Minh? Find all you need about money exchange in Ho Chi Minh City, best money changers and exchange rate in Saigon.

Where to Exchange Money in Ho Chi Minh City?

When looking where to exchange money in Ho Chi Minh City, you won't be short of options as the service of currency exchange in Saigon is offered not only by a big number of banks but also independent Ho Chi Minh money changers that are mainly jewelry shops.


If you're not comfortable with carrying a large amount of cash to exchange in Vietnam but still want to get much better exchange rate on your payments and withdrawals than your regular bank card is offering, consider getting Wise Card that lets you spend abroad with the real exchange rate and works well in Vietnam.


Money Exchange at Ho Chi Minh Airport (SGN)

Contrary to most of other airports worldwide, Tan Son Nhat International Airport (SGN) in Ho Chi Minh City is a pretty good place to exchange your money. In many cases, currency exchange rate at Ho Chi Minh Airport is almost as good as you can find offered the best Ho Chi Minh money changers. Plenty of money changers can be found in central Saigon but exchange rates there are not much better than at the airport even if lately Ho Chi Minh Airport exchange rate level has worsened.

Ho Chi Minh City Airport

However, you need to look for the right money changer if you are willing to get the fair exchange rate for your foreign currency at Saigon Airport. For detailed information about currency exchange at Tan Son Nhat Airport check Ho Chi Minh Airport money exchange.

Best Money Changers in Ho Chi Minh City / Saigon

Money Exchange in Ho Chi Minh District 1

Ben Thanh Market attracts crowds of tourists visiting Ho Chi Minh City as it is a great place to buy local handicrafts, branded goods, Vietnamese art and other souvenirs as well as to taste local street food. Not surprisingly, it is also one if the best places for money exchange in Ho Chi Minh City as two of the best money changers in Saigon are the gold shops located on the opposite side of the street from Ben Thanh Market.

Best Money Changers in Ho Chi Minh City / Saigon

These gold shops are mainly focused on currency exchange service and are very popular not only between tourists but also local people as they are offering some of the best currency exchange rates in Ho Chi Minh City District 1. The Jewelry shops named Mai Van and Ha Tam are located next to each other so comparing exchange rates between them is really easy and worth doing.

Mai Van Money Changer

Mai Van Jewelry Shop is located 1 min walk from Ben Thanh Market, at 1A Nguyen An Ninh in District 1 of Ho Chi Minh City. You can contact them by phone number +84 28 3823 1836 to find out what is the exchange rate of your desired currency. This gold shop seems to be offering currency exchange service in cooperation with Agribank.

Mai Van Money Changer

During our visit Mai Van Jewelry Shop was offering currency exchange of several foreign currencies and exchange rates were the following:

  • US Dollars – 23,110 VND (50-100 USD notes), 23,090 VND (5-20 USD notes), 23,010 VND (smaller USD notes)
  • Euro – 25,372 VND
  • British Pounds - 29,618 VND
  • Japanese Yen - 205.39 VND
  • Australian Dollar – 15,501 VND
  • Singapore Dollar – 16,826 VND
  • Canadian Dollar – 17,184 VND

Best Money Changers in Ho Chi Minh City / Saigon

Even if exchange rates here were reasonable, they were not the best you could get for money exchange in Ho Chi Minh City. You just need to cross the small street to get better exchange rates on another corner of the same intersection.

Ha Tam Money Changer

Ha Tam Jewelry Shop is located next to Ben Thanh Market and Mai Van Jewelry Shop, at 2 Nguyen An Ninh in District 1 of Ho Chi Minh City. If you would like to contact them, Ha Tam Jewelry Shop phone number is +84 28 3823 7243.

Ha Tam Money Changer

Ha Tam Jewelry Shop was offering the following exchange rates for foreign currencies at the time of our visit:

  • US Dollars – 23,130 VND (50-100 USD notes)
  • Euro – 25,452 VND
  • British Pounds - 29,712 VND
  • Japanese Yen - 211.74 VND
  • Australian Dollar – 15,620 VND
  • Singapore Dollar – 16,879 VND
  • Canadian Dollar – 17,334 VND

Ha Tam Jewelry Shop was offering better exchange rates for all the currencies if compared to Mai Van Jewelry Shop. The only downside here is that you might need to wait in a queue as there are normally people waiting for currency exchange service.

EximBank Money Exchange

If you will find yourself in the area next to Saigon Opera House and the iconic Nguyen Hue street, you won’t need to go to Ben Thanh Market to exchange your foreign currency to Vietnamese Dong at a fair rate. EximBank Money Exchange 59B, located just about 50 meters from Saigon Opera House at 135 Dong Khoi in District 1 of Ho Chi Minh City, was offering some of the best currency exchange rates in Saigon.

EximBank Money Changer

Money Exchange 59B is an authorized exchange bureau of EximBank so for current currency exchange rates you can check the website of EximBank.

Money Exchange 59B

It seems that EximBank operating in Vietnam has increased its margin for currency exchange service recently and the foreign exchange rate here is not as good as it was previously.

Best Currency Exchange Rate in Ho Chi Minh City

How good were the best currency exchange rates we could find in Ho Chi Minh City during our last visit? Let’s see!

To get an idea of what Ho Chi Minh exchange rate can be approximately expected at the moment, check current mid-market exchange rate of Vietnamese Dong and deduct the exchange margin in % mentioned below. Current mid-market exchange rate can be found here: VND Exchange Rates.

Best USD exchange rate in Ho Chi Minh City

The mid-market USD exchange rate at the time of our visit in Saigon was 23,243 VND for 1 US Dollar, so the best rate offered there (23,130 VND/USD) was only by 113 VND or about 0.5% lower than the mid-market exchange rate. For every 100 US Dollars exchanged here you’re losing only about 0.44 USD.

However, the best exchange rate is offered only for large US Dollar notes so bring 50 USD or 100 USD bills to get the best value on money exchange in Ho Chi Minh City.

Best EUR exchange rate in Ho Chi Minh City

The mid-market EUR exchange rate during our visit was 25,666 VND for 1 Euro, so the best exchange rate offered in Ho Chi Minh City (25,452 VND/EUR) was by 214 VND or about 0.8% lower than the mid-market rate. For every 100 Euro exchanged here you’re losing 0.83 EUR.

Best GBP exchange rate in Ho Chi Minh City

The mid-market GBP exchange rate at the time was 29,887 VND for 1 British Pound, so the best exchange rate offered in the city (29,712 VND/GBP) was by 175 VND or by about 0.6% lower than the mid-market rate.

Best AUD exchange rate in Ho Chi Minh City

The mid-market AUD exchange rate during our visit was 15,805 VND for 1 Australian Dollar, so the best exchange rate offered in Saigon (15,620 VND/AUD) was by 185 VND or by about 1.2% lower than the mid-market rate.

Best CAD exchange rate in Ho Chi Minh City

The mid-market CAD exchange rate at the time was 17,512 VND for 1 Canadian Dollar, so the best exchange rate offered in Ho Chi Minh City (17,334 VND/CAD) was by 178 VND or by about 1% lower than the mid-market rate.

Best SGD exchange rate in Ho Chi Minh City

The mid-market SGD exchange rate at during our visit was 17,069 VND for 1 Singapore Dollar, so the best exchange rate offered in the city (16,879 VND/SGD) was by 190 VND or by about 1.1% lower than the mid-market rate.

Best JPY exchange rate in Ho Chi Minh City

The mid-market JPY exchange rate at the time was 214.37 VND for 1 Japanese Yen, so the exchange rate offered in Saigon (211.74 VND/JPY) was by 2.63 VND or by only about 1.2% lower than the mid-market rate.

Exchange of other currencies

Even if it’s possible to exchange other currencies in Ho Chi Minh City as well, exchange rates given for less popular currencies are usually significantly lower. In such a case exchanging your local currency to USD at home and then converting US Dollars to Vietnamese Dong in Vietnam might be the most economical option.

Tips

If you are not keen on using cash too often, get yourself Wise Card so you could get a better VND exchange rate for your payments and withdrawals in Vietnam.

Vietnamese SIM card can also be booked online and picked up at Ho Chi Minh Airport without cash payments and it will even be significantly cheaper!

Enjoy a breathtaking 360-degree view from the heart of the city by getting this Saigon Skydeck in Bitexco Financial Tower Ticket and ascending to the Saigon Skydeck via a high-speed elevator located in one of Ho Chi Minh City's tallest building.

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