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Euro continues to weaken, black market drops 39.55 VND/EUR for sale

Báo Công thươngBáo Công thương24/03/2024


Today's domestic Euro exchange rate, today's EUR/VND exchange rate March 24 , 202 4

The EUR/VND exchange rate today (March 24) at 9:00 a.m. was announced by the State Foreign Exchange Reserve Management Department at the buying and selling rates of 24,775 - 27,383 VND/EUR.

The State Bank determined the cross exchange rate of VND/EUR applied to calculate export and import taxes effective from March 21, 2024 to March 27, 2024 to be 26,077.31 VND/EUR, a decrease of 98.11 VND/EUR compared to the previous management period.

Vietcombank Euro exchange rate today March 24, 2024 buy cash is 26,112.51 VND/EUR, sell cash is 27,545.37 VND/EUR.

Today, most banks listed the Euro price in a downward direction, only a few remained unchanged compared to the previous session. Banks bought cash in the range of 25,800 - 26,607 VND/USD, while the cash selling price remained in the range of 26,470 - 27,804 VND/EUR.

Unit: VND

Bank

Cash purchase

Buy transfer

Counter

Sell ​​by transfer

ABBank

26,473.00

26,579.00

27,644.00

27,730.00

ACB

26,354.00

26,460.00

27,117.00

27,117.00

Agribank

26,373.00

26,479.00

27,646.00

Bao Viet

26,165.00

26,444.00

27,156.00

BIDV

26,300.00

26,371.00

27,520.00

CBBank

26,560.00

26,667.00

27,274.00

East Asia

25,800.00

25,920.00

26,470.00

26,470.00

Eximbank

26,383.00

26,462.00

27,153.00

GPBank

26,436.00

26,699.00

27,244.00

HDBank

26,366.00

26,440.00

27,175.00

Hong Leong

26,193.00

26,393.00

27,480.00

HSBC

26,382.00

26,435.00

27,405.00

27,405.00

Indovina

26,339.00

26,625.00

27,135.00

Kien Long

26,199.00

26,299.00

27,369.00

Lien Viet

26,265.00

26,365.00

27,804.00

MSB

26,507.00

26,291.00

27,044.00

27,451.00

MB

26,218.00

26,288.00

27,610.00

27,610.00

South Asia

26,288.00

26,483.00

27,044.00

NCB

26,302.00

26,412.00

27,213.00

27,313.00

OCB

26,465.00

26,615.00

27,780.00

27,080.00

OceanBank

26,265.00

26,365.00

27,804.00

PGBank

26,556.00

27,096.00

PublicBank

26,108.00

26,371.00

27,326.00

27,326.00

PVcomBank

26,508.00

26,243.00

27,621.00

27,621.00

Sacombank

26,518.00

26,568.00

27,079.00

27,029.00

Saigonbank

26,602.00

26,776.00

27,549.00

SCB

26,360.00

26,440.00

27,500.00

27,400.00

SeABank

26,370.00

26,420.00

27,500.00

27,500.00

SHB

26,607.00

26,607.00

27,277.00

Techcombank

26,188.00

26,496.00

27,434.00

TPB

26,265.00

26,386.00

27,628.00

UOB

26,119.00

26,388.00

27,503.00

VIB

26,339.00

26,439.00

27,285.00

27,185.00

VietABank

26,404.00

26,554.00

27,080.00

VietBank

26,523.00

26,603.00

27,297.00

VietCapitalBank

26,194.00

26,459.00

27,671.00

Vietcombank

26,112.51

26,376.27

27,545.37

VietinBank

25,914.00

26,124.00

27,414.00

VPBank

26,202.00

26,252.00

27,307.00

VRB

26,445.00

26,517.00

27,672.00

Specifically, for cash purchases, Dong A Bank buys Euros at the lowest price of 25,800 VND/EUR. Meanwhile, SHB Bank is buying Euro cash at the highest price of 26,607 VND/EUR.

For transfers, Dong A Bank is buying Euros at the lowest price of 25,920 VND/EUR. Meanwhile, Saigonbank is buying Euro transfers at the highest price of 26,776 VND/EUR.

For cash sales, Dong A Bank is selling Euros at the lowest price of 26,470 VND/EUR. Meanwhile, Lien Viet Bank and OceaBank are selling Euro cash at the highest price of 27,804 VND/EUR.

Currently, Dong A Bank is selling Euro transfers at the lowest price of 26,470 VND/EUR. Meanwhile, ABBank is selling Euro transfers at the highest price of 27,730 VND/EUR.

Meanwhile, the average exchange rate as of 9:00 a.m. on March 24, 2024, compiled from 40 domestic banks, is 1 EUR = 26,775.84 VND.

On the "black market", the black market Euro exchange rate as of this morning ( March 24 , 2024) is as follows:

Unit: VND

Foreign currency

Currency name

Purchase price

Selling price

USD

US Dollar

25,520.83

25,580.46

AUD

Australian Dollar

16,404.68

16,524.16

GBP

British Pound

31,729.5

31,959.26

EUR

Euro

27,325.2

27,445.78

CHF

Swiss Franc

27,979.00

28,159.00

TWD

Taiwan Dollar

790.03

796.03

NOK

Norwegian Krone

1,924.00

2,324.00

IDR

Indonesian Rupiah

1.20

1.70

MYR

Malaysian Ringgit

5,318.00

5,368.00

KRW

Korean Won

18

19.19

CNY

Chinese Yuan

3,481.00

3,531.00

JPY

Japanese Yen

168.67

170.88

CAD

Canadian Dollar

18,485.00

18,605.00

NZD

New Zealand Dollar

15,059.91

15,314.84

DKK

Danish Krone

3,047.00

3,447.00

THB

Thai Silver

719.23

726.43

SEK

Swedish Krona

1,950.00

2,350.00

SGD

Singapore Dollar

18,704.00

18,824.00

HKD

Hong Kong Dollar

3,218.83

3,268.34

BND

Brunei Dollar

18,049.00

18,549.00

Today, March 24, 2024 (9:00 a.m.), a survey on the black market showed that the Euro continued to decrease compared to the previous session. The black market Euro buying rate was 27,325.2 VND/EUR, selling rate was 27,445.78 VND/EUR, down 44.99 VND/EUR for buying and down 39.55 VND/EUR for selling.

In Hanoi, the largest currency exchange street in Hanoi that helps you exchange many types of foreign currencies is Ha Trung Street (Hoan Kiem District). At Ha Trung currency exchange street, you can exchange popular foreign currencies on the market today such as USD (US dollar), EUR (Euro), Yen (Japanese Yen), Won (Korean Won) ... and many other currencies.

However, exchanging money at these foreign currency streets must comply with the regulations of Vietnamese law.

Euro exchange rate today March 24 , 2024 on the world market

The Euro exchange rate developments on the world market show that the EUR/USD index is currently at 1.0805, unchanged from the previous session.

Tỷ giá Euro hôm nay 24/3/2024: Đồng Euro tiếp tục suy yếu, chợ đen giảm 39,55 VND/EUR chiều bán
EUR/USD exchange rate developments in the world market (Source: CNBC)

The euro was flat today. European Union (EU) leaders on March 22 agreed on a tighter fiscal policy for the European Economic Area (EEA) by 2025, to help reduce inflation and stabilize public finances, after excessive spending caused by the Covid-19 pandemic and the energy price crisis.

The EEA has 30 members, including 27 EU countries and 3 European Free Trade Association (EFTA) countries.

At the EU summit on 22 March, the European Council endorsed a recommendation on the EEA’s economic policy, which calls for a tighter overall fiscal policy in the region by 2025.

This would be consistent with the current macroeconomic outlook, with the need to continue to enhance fiscal sustainability and support the ongoing disinflation process, while policies should remain flexible in the face of ongoing uncertainty.

Earlier, on March 11, Eurozone Finance Ministers agreed on fiscal policy guidelines for 2025 to take into account new financial rules, giving more time to cut debt while maintaining investment.

At the meeting, the leaders of the 27 EU countries adopted a plan agreed by EU Finance Ministers on how to attract private capital to Europe to finance the ecological transition and the digital economy, increasing competitiveness in key technologies and raw materials.

The aim is to create an EU Capital Markets Union (CMU), reducing barriers to cross-border private investment. This is the task of the European Parliament and the European Council in the next term, after the elections in June.

Creating a well-functioning and efficient common capital market through promoting the CMU is essential for Europe, according to Eurogroup Chairman Paschal Donohoe.

Mr Paschal Donohoe stressed that the CMU is one of the key components of the renewed focus on competitiveness in the euro area, which is required to respond to the profound changes taking place.

The European Commission (EC) forecasts that the eurozone's overall budget deficit will fall to 2.8% of GDP in 2024, from 3.2% of GDP in 2023, and then decline slightly to 2.7% of GDP in 2025.

According to the European Central Bank's forecast, consumer inflation will decline from 5.4% in 2023 to 2.3% in 2024 and then to 2.0% in 2025, reaching 1.9% in 2026.

Capital market integration strategy will be the subject of further discussion during the extraordinary EU summit scheduled for April 17-18 in Brussels.

Refer to the popular foreign currency exchange - Euro Buying and Selling addresses in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi.

2. Gold and Silver Fine Arts - No. 31 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi.

3. Minh Chien Gold and Silver Store - No. 119 Cau Giay, Cau Giay District, Hanoi.

4. Thinh Quang Gold and Silver Company - No. 43 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi.

5. Toan Thuy Store - No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan, Hanoi.

6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Bui Thi Xuan, Hanoi.

7. Chinh Quang Store - No. 30 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi.

8. Kim Linh 3 Store - No. 47 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi.

9. Huy Khoi Store - No. 19 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi.

10. System of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB.

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling Euros in Ho Chi Minh City:

1. Minh Thu Currency Exchange - 22 Nguyen Thai Binh, District 1, HCMC.

2. Kim Mai Gold Shop - 84 Cong Quynh, District 1, HCMC.

3. Kim Chau Gold Shop - 784 Dien Bien Phu, Ward 10, District 10, HCMC.

4. Saigon Jewelry Center - No. 40-42 Phan Boi Chau, District 1, HCMC.

5. Kim Hung foreign currency exchange agency - No. 209 Pham Van Hai, Binh Chanh, Ho Chi Minh City.

6. DOJI Jewelry Store - Diamond Plaza Le Duan, 34 Le Duan, Ben Nghe, District 1, HCMC.

7. Kim Tam Hai Shop - No. 27 Truong Chinh, Tan Thoi Nhat Ward, District 12, HCMC.

8. Bich Thuy Gold Shop - No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, HCMC.

9. Ha Tam Gold Shop - No. 2 Nguyen An Ninh, Ben Thanh Ward, District 1, HCMC.

10. System of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank

* Information in the article is for reference only.



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