USD exchange rate today, October 15, 2024
Today, October 15, 2024, the USD exchange rate shows the US dollar rising to its highest level in 10 weeks; the Euro and the Chinese yuan are falling.
At the opening of today's trading session, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong against the US Dollar decreased by 14 dong, currently standing at 24,161 dong.
Currently, the permitted exchange rate for commercial banks ranges from 23,400 to 25,450 VND/USD. The USD exchange rate has also been brought within the buying and selling range of 23,400 to 25,450 VND/USD by the State Bank of Vietnam's Exchange Department.
The USD exchange rate at Vietcombank is currently 24,630 - 25,020 VND for buying and selling. The current buying and selling price of USD is in the range of 24,000 - 25,500 VND/USD.
| 1. VCB – Updated: 15/10/2024 04:27 – Time of source website update | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 16,293.61 | 16,458.19 | 16,986.79 |
| Canadian Dollar | CAD | 17,569.25 | 17,746.72 | 18,316.70 |
| SWISS FRANCE | CHF | 28,211.94 | 28,496.91 | 29,412.16 |
| YUAN RENMINBI | CNY | 3,421.14 | 3,455.70 | 3,566.69 |
| DANISH KRONE | DKK | - | 3,569.92 | 3,706.76 |
| EURO | CZ | 26,439.60 | 26,706.67 | 27,890.30 |
| POUND STERLING | GBP | 31,592.47 | 31,911.58 | 32,936.50 |
| HONG KONG DOLLAR | HKD | 3,114.90 | 3,146.36 | 3,247.41 |
| INDIAN RUPEE | INR | - | 294.60 | 306.38 |
| YEN | rush | 160.56 | 162.18 | 169.90 |
| Korean Won | KRW | 15.83 | 17.59 | September 19th |
| KUWAITI DINAR | KWD | - | 80,922.77 | 84,160.92 |
| MALAYSIAN RINGGIT | MYR | - | 5,722.93 | 5,847.95 |
| NORWEGIAN KRONER | NOK | - | 2,267.28 | 2,363.62 |
| RUSSIAN RUBLE | RUB | - | 246.76 | 273.17 |
| SAUDI RIAL | SAR | - | 6,597.54 | 6,861.54 |
| SWEDISH KRONA | SEK | - | 2,343.37 | 2,442.95 |
| SINGAPORE DOLLAR | SGD | 18,525.15 | 18,712.28 | 19,313.27 |
| THAILAND BAHT | THB | 660.34 | 733.71 | 761.83 |
| US DOLLAR | cau | 24,630.00 | 24,660.00 | 25,020.00 |
| 2. Agribank – Updated: 01/01/1970 08:00 – Time provided by the website | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| cau | cau | 24,630.00 | 24,650.00 | 24,990.00 |
| CZ | CZ | 26,563.00 | 26,670.00 | 27,788.00 |
| GBP | GBP | 31,760.00 | 31,888.00 | 32,878.00 |
| HKD | HKD | 3,128.00 | 3,141.00 | 3,246.00 |
| CHF | CHF | 28,358.00 | 28,472.00 | 29,367.00 |
| rush | rush | 162.31 | 162.96 | 170.38 |
| AUD | AUD | 16,382.00 | 16,448.00 | 16,957.00 |
| SGD | SGD | 18,656.00 | 18,731.00 | 19,282.00 |
| THB | THB | 726.00 | 729.00 | 762.00 |
| CAD | CAD | 17,670.00 | 17,741.00 | 18,276.00 |
| NZD | NZD | 14,866.00 | 15,371.00 | |
| KRW | KRW | 17.57 | 19.37 | |
| 3. Sacombank – Updated: 10/07/2005 07:16 – Time provided by the source website | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| cau | cau | 24665 | 24665 | 25025 |
| AUD | AUD | 16363 | 16463 | 17026 |
| CAD | CAD | 17667 | 17767 | 18318 |
| CHF | CHF | 28496 | 28526 | 29320 |
| CNY | CNY | 0 | 3474.2 | 0 |
| CZK | CZK | 0 | 1028 | 0 |
| DKK | DKK | 0 | 3644 | 0 |
| CZ | CZ | 26708 | 26808 | 27681 |
| GBP | GBP | 31943 | 31993 | 33095 |
| HKD | HKD | 0 | 3180 | 0 |
| rush | rush | 163.33 | 163.83 | 170.34 |
| KHR | KHR | 0 | 6,032 | 0 |
| KRW | KRW | 0 | 18.1 | 0 |
| LAK | LAK | 0 | 1.0501 | 0 |
| MYR | MYR | 0 | 6104 | 0 |
| NOK | NOK | 0 | 2300 | 0 |
| NZD | NZD | 0 | 14921 | 0 |
| PHP | PHP | 0 | 420 | 0 |
| SEK | SEK | 0 | 2395 | 0 |
| SGD | SGD | 18629 | 18759 | 19497 |
| THB | THB | 0 | 693.1 | 0 |
| TWD | TWD | 0 | 768 | 0 |
| BAD | BAD | 8,300,000 | 8,300,000 | 8,500,000 |
| XBJ | XBJ | 7700000 | 7700000 | 8200000 |
In the "black market," the USD exchange rate as of 5:00 AM on October 15, 2024, is as follows:
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| Black market on October 15, 2024. Photo: Chogia.vn |
Today's USD exchange rate on the world market (October 15, 2024).
The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), closed at 103.21 points, up 0.68 points from the trading session on October 14, 2024.
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| The DXY index's performance over the past period. |
The US dollar hit a 10-week high today in thin trading, extending a multi-week rally as data showed the economy slowing slightly, in line with expectations that the Federal Reserve will cut interest rates moderately.
Trading volume was low in several markets, including Japan and Canada, which were closed on Monday. The US bond market was closed for Indigenous Peoples' Day. The greenback strengthened against the Chinese yuan after China's announcement of a stimulus package over the weekend disappointed investors.
The US dollar index, a measure of the greenback's value against six major currencies, rose to 103.36, its highest level since August 8. Last time, the index gained 0.2% to 103.23, while the euro fell to a 10-week low below $1.09, last time down 0.3% to $1.0902.
The European Central Bank is expected to cut interest rates this week, but the Fed remains the focus of the market. US interest rate futures have priced in an 87% probability that the Fed will ease by 25 basis points at its November meeting and a 13% probability that the Fed will pause and keep the federal funds rate at its target range of 4.75% to 5%, according to LSEG estimates.
The Federal Reserve aggressively cut interest rates by 50 basis points at its most recent policy meeting about four weeks ago.
For the remainder of the year, futures markets expect around 45 basis points of interest rate cuts and a further 98.5 basis points of reductions in 2025. This is significantly lower than the approximately 200 basis point cuts that the market had anticipated ahead of the Fed's September meeting and the groundbreaking US non-farm payrolls report, which reset easing expectations to a much shallower cycle than previously thought.
Analysts say expectations of fewer interest rate cuts have supported the dollar over the past few weeks, but that correction is likely coming to an end.
“I suspect that (interest rate adjustments) are nearing their end and we’re back to a downtrend. But I think there’s still a chance of a further rally. We could stop at $1.09 for the euro or $1.30 for the pound. But I’m looking ahead and the next US jobs data is around 120,000. That’s going to be a weak number ,” said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York.
Minneapolis Fed President Neel Kashkari on Monday reinforced market views on the U.S. central bank's dovish policy.
“ Up to this point, it appears appropriate to continue modest cuts to the policy interest rate in the coming quarters to achieve both of our goals ,” Kashkari said at the Central Bank of the Republic of Argentina conference, referring to the Fed’s mission to keep unemployment and inflation low.
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| USD exchange rate today, October 15, 2024. (Illustrative image) |
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 |
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