Money Changers & Currency Exchange Rates in Hoi An

Hoi An is an ancient town in central Vietnam and one of the most popular destinations for foreign travelers visiting the country. You might be able to pay in US Dollars in most of the places but for getting the best price you should pay in Vietnamese Dongs. Finding a place to exchange money in Hoi An is easy as various shops act like money changers. Check, how good currency exchange rate in Hoi An you can get.

Money Changers & Currency Exchange Rates in Hoi An

Money Changers in Hoi An

You will not find banks in the ancient town of Hoi An, where most of the tourists are staying and spending their time. However, a significant part of shops and tour agents located in the ancient town are acting as money changers and offer currency exchange service.

Money Changers & Currency Exchange Rates in Hoi An

The good thing about money exchange in Hoi An is that money changers here clearly display currency exchange rates on the boards in front of their shops. That is quite uncommon thing in Vietnam as in other cities currency exchange services are far less promoted and in most cases you need to ask about the exchange rate they are offering.

Money Changers & Currency Exchange Rates in Hoi An

Foreign currencies that can be exchanged to Vietnamese Dong by money changers in Hoi An:

  • USD – US Dollar
  • EUR – Euro
  • GBP – British Pound
  • AUD – Australian Dollar
  • CAD – Canadian Dollar
  • CHF – Swiss Franc
  • JPY – Japanese Yen
  • SGD – Singapore Dollar
  • CNY - Chinese Yuan
  • THB – Thai Baht
  • KRW - South Korean Won
  • HKD – Hong Kong Dollar
  • MYR – Malaysian Ringgit
  • NZD – New Zealand Dollar
  • TWD - New Taiwan Dollar

Money Changers & Currency Exchange Rates in Hoi An

Currency exchange rates in Hoi An

We came to Hoi An after spending a couple of days in Hue and we had plenty of Vietnamese Dongs with us because we found a really good money changer in Hue. None of money changers in Hoi An was offering as competitive exchange rate as we’ve got in Hue so if you will be traveling the same way like we did, exchanging money in Hue might be a good idea.

Even if currency exchange rates in Hoi An were not the best we could find in Vietnam, they were acceptable. However, we would recommend shopping around a bit before deciding where to exchange money as the exchange rate might vary quite a lot, especially if the currency you are going to exchange is not US Dollar.

Let’s check, how good currency exchange rates in Hoi An were offered during our visit.

Money Changers & Currency Exchange Rates in Hoi An

USD exchange rate in Hoi An

Most of money changers in Hoi An were offering 23,000 VND for 1 US Dollar but you could get less than that too if not being attentive. As the mid-market USD exchange rate at the time of our visit was 23,163 VND for 1 US Dollar, USD exchange rate in Hoi An was by 163 VND or by about 0.7% lower than this. You can get a better rate elsewhere but the exchange margin lower than 1% can hardly be called bad.

EUR exchange rate in Hoi An

Most of money changers in Hoi An were offering 25,200 VND for 1 Euro but we managed to find a couple of places giving 25,300 VND/EUR exchange rate. The mid-market EUR exchange rate during our visit was 25,600 VND for 1 Euro, so the best exchange rate we could find in Hoi An was by 300 VND or by about 1.2% lower than the mid-market rate. Like everywhere in Vietnam, EUR exchange rate was worse than USD exchange but still pretty good.

GBP exchange rate in Hoi An

The best GBP exchange rate we could find in Hoi An was 29,200 VND. As the mid-market GBP exchange rate at the time was 29,887 VND for 1 British Pound, the exchange rate in Hoi An was by 687 VND or by about 2.3% lower than the mid-market exchange rate. GBP exchange rate was by far less competitive than exchange rate of USD or EUR.

AUD exchange rate in Hoi An

Australian Dollar exchange rate in Hoi An varied more as we saw exchange rates in the range of 15,300 VND – 15,700 VND. As the mid-market AUD exchange rate during our visit was 15,799 VND for 1 Australian Dollar, the best exchange rate offered in Hoi An was by 99 VND or only by about 0.6% lower than the mid-market rate. When choosing the right money changer in Hoi An, you can save about 2.5% of your money.

CAD exchange rate in Hoi An

Exchange rate of Canadian Dollar in Hoi An was 17,000-17,200 VND. The mid-market CAD exchange rate at the time was 17,516 VND for 1 Canadian Dollar, so the best exchange rate we found in Hoi An was by 316 VND or by about 1.8% lower than the mid-market rate.

Exchange rates of other currencies

When exchanging less popular foreign currencies in Hoi An, you should be more attentive as the exchange rate offered by different money changers can be lower by as much as 3-4%. Exchange rates of other currencies in Hoi An on the day of our visit were as follows:

  • SGD exchange rate in Hoi An was from 16,300 VND to 16,600 VND
  • NZD exchange rate in Hoi An was from 14,000 VND to 14,200 VND
  • CHF exchange rate in Hoi An was from 22,000 VND to 22,800 VND
  • CNY exchange rate in Hoi An was from 3,100 VND to 3,160 VND
  • JPY exchange rate in Hoi An was from 203 VND to 210 VND
  • THB exchange rate in Hoi An was from 700 VND to 710 VND
  • HKD exchange rate in Hoi An was from 2,800 VND to 2,860 VND
  • MYR exchange rate in Hoi An was from 5,000 VND to 5,100 VND
  • TWD exchange rate in Hoi An was from 680 VND to 700 VND

Best exchange rates in Hoi An ancient town

As we didn’t have much time in Hoi An, we didn’t visit banks and gold shops where normally you would be expecting to get the best exchange rate like anywhere else in Vietnam. After making our little research of currency exchange rates in the ancient town of Hoi An, we can say that out of all the shops and tour agents we’ve visited there HOA BUU Travel was giving the best exchange rate for all the currencies.

Money Changers & Currency Exchange Rates in Hoi An

If you don’t want to waste your time looking for the best exchange rate in Hoi An, try visiting this tour agent located right in the center of the ancient town.