The US dollar is at a 6-month high.

USD exchange rate today, January 11, 2025

As of 5:00 AM on January 11th, the central exchange rate at the State Bank of Vietnam was 24,341 VND/USD, an increase of 3 VND compared to the previous trading session.

Specifically, at Vietcombank , the USD exchange rate is 25,168 – 25,558 VND/USD, an increase of 4 VND for both buying and selling rates.

TPB Bank is buying USD cash at the lowest rate: 1 USD = 24,390 VND

TPB Bank is buying USD transfers at the lowest rate: 1 USD = 24,430 VND

HSBC Bank is buying USD cash at the highest rate: 1 USD = 25,273 VND

VietinBank is currently buying USD transfers at the highest rate: 1 USD = 25,558 VND.

TPB Bank is selling USD cash at the lowest rate: 1 USD = 24,870 VND

HSBC Bank is selling USD transfers at the lowest rate: 1 USD = 25,501 VND

ABBank, BIDV , Dong A, Kien Long, LPBank, MSB, OceanBank, PGBank, PublicBank, PVcomBank, Sacombank, Saigonbank, SeABank, UOB, Vietcombank, and VRB are selling USD cash at the highest rate of: 1 USD = 25,558 VND

ABBank, Dong A Bank, MSB, NCB, Public Bank, Sacombank, SeABank, and VietBank are selling USD transfers at the highest rate of: 1 USD = 25,558 VND.

USD exchange rates at several banks today. Source: Webgia.com

1. Agribank – Updated: 11/01/2025 05:00 – Time of source website update
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25,200	25,210	25,550
CZ	CZ	25,613	25,716	26,830
GBP	GBP	30,616	30,739	31,716
HKD	HKD	3,197	3,210	3,317
CHF	CHF	27,304	27,414	28,282
rush	rush	156.94	157.57	164.43
AUD	AUD	15,409	15,471	15,987
SGD	SGD	18,221	18,294	18,813
THB	THB	716	719	750
CAD	CAD	17,312	17,382	17,888
NZD	NZD		13,959	14,454
KRW	KRW		16.66	18.37

2. Sacombank – Updated: June 15, 2006 07:16 – Time provided by the source website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
cau	cau	25176	25176	25558
AUD	AUD	15339	15439	16002
CAD	CAD	17255	17355	17909
CHF	CHF	27366	27396	28278
CNY	CNY	0	3424.4	0
CZK	CZK	0	990	0
DKK	DKK	0	3500	0
CZ	CZ	25678	25778	26651
GBP	GBP	30684	30734	31851
HKD	HKD	0	3271	0
rush	rush	157.63	158.13	164.66
KHR	KHR	0	6,032	0
KRW	KRW	0	17.1	0
LAK	LAK	0	1,122	0
MYR	MYR	0	5820	0
NOK	NOK	0	2229	0
NZD	NZD	0	13947	0
PHP	PHP	0	412	0
SEK	SEK	0	2280	0
SGD	SGD	18159	18289	19010
THB	THB	0	677.9	0
TWD	TWD	0	770	0
BAD	BAD	8,450,000	8,450,000	8620000
XBJ	XBJ	7,900,000	7,900,000	8620000

USD exchange rate today, January 11, 2025. (Illustrative image)

In the "black market," the USD exchange rate as of 5:00 AM on January 11, 2025, is as follows:

Black market on January 11, 2025. Photo: Chogia.vn

Today's USD exchange rate on the world market (January 11, 2025)

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), closed at 109.66 – up 0.49 points from the trading session on January 10, 2025.

The chart shows the recent performance of the DXY index. Source: Investing.

The US dollar strengthened on Friday after data showed the world's largest economy created more jobs than expected last month, bolstering expectations that the Federal Reserve will pause its interest rate cutting cycle at its policy meeting later this month.

The greenback also extended its gains after a report showed that expectations for US consumer inflation next year and beyond surged in January.

The US dollar rose to its highest level since July against the yen following the data, before falling later in the day. Most recently, the dollar was down 0.1% to 157.845 yen.

On the other hand, the euro fell to its lowest level against the greenback since November 2022. The eurozone's common currency dropped 0.5% to $1.0244, declining for the second consecutive week. A large number of foreign exchange forecasters expect the euro to reach parity with the dollar by 2025, a Reuters poll showed this week.

The dollar's rise began after a Labor Department report showed the US economy added 256,000 jobs in December, significantly higher than economists' forecasts of 160,000. However, the November job figure was revised down to 212,000.

Meanwhile, the unemployment rate fell to 4.1%, compared with expectations of 4.2%, while average hourly earnings rose 0.3% last month after increasing 0.4% in November. In the 12 months to December, wages increased 3.9% after rising 4.0% in November.

Jane Foley, head of foreign exchange strategy at Rabobank in London, wrote: “The strength of the December payroll data has clearly eliminated any need to force the Fed to cut interest rates urgently. For some time, Rabobank’s main view was that the Fed would only cut rates once this year. However, if Donald Trump wastes no time in initiating his policies, that door may close completely.”

During his campaign, Trump vowed to impose tariffs, cut taxes, and carry out mass deportations of undocumented immigrants, all of which are seen as inflation-causing factors. A University of Michigan consumer sentiment survey showed that rising inflation expectations also supported the dollar.

The report showed that one-year inflation expectations surged to 3.3% in January, the highest level since May, up from 2.8% in December. That raised 12-month inflation expectations above the 2.3%-3.0% range seen in the two years prior to the COVID-19 pandemic.

According to US data, the US interest rate futures market has fully priced in a pause in the Fed's easing cycle at the January meeting, according to LSEG estimates. The market has also priced in just 27 basis points (bps) of easing in 2025 or only one rate cut, with the first rate move likely to occur at the June meeting.

In other currencies, the pound sterling fell to its weakest level against the US dollar since November 2023, at last changing hands at $1.2208, down 0.8%. The pound also declined on Thursday amid a sell-off in government bonds and concerns about the UK government's finances.

In Japan, the prospect of sustained wage growth and rising import costs due to the weak yen have drawn the central bank's attention to increasing inflationary pressures, potentially leading to an upward revision of price forecasts this month, sources said.

The US dollar will end the week up 0.4% against the yen. The U.S. currency has risen in five of the past six weeks against Japan.

Meanwhile, the USD index has risen to its highest level since November 2022 and is on track for its sixth consecutive weekly gain. This is the longest winning streak since an 11-week run in 2023. The index was most recently up 0.4% at 109.68.

Michael Brown, senior research strategist at Pepperstone in London, said: “The biggest risk to the bullish view on the dollar would be if participants look to take profits and cut risk early next week ahead of Trump’s inauguration.”

Check out these popular places to exchange foreign currency and buy/sell USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop – 27 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

2. Gold and Silver Handicrafts – No. 31 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Shop – 119 Cau Giay Street, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company – 43 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

5. Toan Thuy Store – 455 Nguyen Trai Street, Thanh Xuan District, Hanoi and 6 Nguyen Tuan Street, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - 19 Tran Nhan Tong Street, Hai Ba Trung District, Hanoi

7. Chinh Quang Store – 30 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store – 47 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

9. Huy Khoi Store – 19 Ha Trung Street, Hang Bong Ward, Hoan Kiem District, Hanoi

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

Check out these popular foreign currency exchange and USD buying/selling locations in Ho Chi Minh City:

1. Minh Thu Foreign Exchange – 22 Nguyen Thai Binh Street, District 1, Ho Chi Minh City

2. Kim Mai Gold Shop – 84 Cong Quynh Street, District 1, Ho Chi Minh City

3. Kim Chau Gold Shop – 784 Dien Bien Phu Street, Ward 10, District 10, Ho Chi Minh City

4. Saigon Jewelry Center – 40-42 Phan Boi Chau Street, District 1, Ho Chi Minh City

5. Kim Hung Foreign Exchange Agency – 209 Pham Van Hai Street, Binh Chanh District, Ho Chi Minh City

6. DOJI Jewelry Store – Diamond Plaza Le Duan, 34 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City

7. Kim Tam Hai Shop – 27 Truong Chinh Street, Tan Thoi Nhat Ward, District 12, Ho Chi Minh City

8. Bich Thuy Gold Shop – No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, Ho Chi Minh City

9. Ha Tam Gold Shop – 2 Nguyen An Ninh Street, Ben Thanh Ward, District 1, Ho Chi Minh City

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

Source: https://congthuong.vn/ty-gia-usd-hom-nay-11012025-dong-usd-cao-nhat-6-thang-368988.html