USD exchange rate today December 20, 2024: The USD hovered near a two-year high on Thursday after the Federal Reserve cut interest rates.
USD exchange rate today 12/20/2024
At the time of the survey at 5:00 a.m. on December 20, the central exchange rate at the State Bank was 24,304 VND/USD, up 8 VND from the previous session. The USD selling price at commercial banks remained unchanged at 25,519 VND/USD. The USD Index (DXY) was 108.4 points.
Specifically, at Vietcombank , the listed USD exchange rate is 25,189 - 25,519 VND/USD, buying and selling, remaining the same as announced in the previous session.
At BIDV bank, the USD to VND exchange rate is the same as the previous session, 25,219 - 25,519 VND/USD for buying and selling. Meanwhile, Techcombank listed it at 25,204 - 25,491 VND/USD, the buying price increased by 7 VND and the selling price remained unchanged compared to the previous announcement.
At Eximbank, the listed USD exchange rate is 19 VND higher than the previous session for buying and unchanged for selling, currently at 23,807 - 25,519 VND/USD. Meanwhile, ACB added 30 VND for buying and unchanged for selling, the listed exchange rate is 24,240 VND/USD - 25,519 VND/USD (buying - selling).
The USD/VND exchange rate on the free market at the end of today increased by 105 VND for buying and 125 VND for selling, trading around 25,707 - 25,827 702 VND/USD.
| 1. Agribank - Updated: 12/20/2024 05:00 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| USD | USD | 25,270 | 25,279 | 25,519 |
| EUR | EUR | 25,870 | 25,974 | 27,071 |
| GBP | GBP | 31,406 | 31,532 | 32,494 |
| HKD | HKD | 3,208 | 3,221 | 3,326 |
| CHF | CHF | 27,731 | 27,842 | 28,681 |
| JPY | JPY | 160.54 | 161.18 | 168.16 |
| AUD | AUD | 15,530 | 15,592 | 16,079 |
| SGD | SGD | 18,356 | 18,430 | 18,940 |
| THB | THB | 717 | 720 | 751 |
| CAD | CAD | 17,296 | 17,365 | 17,855 |
| NZD | NZD | 14,066 | 14,552 | |
| KRW | KRW | 16.86 | 18.47 | |
| 2. Sacombank - Updated: 03/22/2006 07:16 - Time of website source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| USD | USD | 25265 | 25265 | 25519 |
| AUD | AUD | 15537 | 15637 | 16207 |
| CAD | CAD | 17334 | 17434 | 17990 |
| CHF | CHF | 27996 | 28026 | 28912 |
| CNY | CNY | 0 | 3454.4 | 0 |
| CZK | CZK | 0 | 1000 | 0 |
| DKK | DKK | 0 | 3521 | 0 |
| EUR | EUR | 26054 | 26154 | 27029 |
| GBP | GBP | 31709 | 31759 | 32872 |
| HKD | HKD | 0 | 3271 | 0 |
| JPY | JPY | 159.3 | 159.8 | 166.31 |
| KHR | KHR | 0 | 6,032 | 0 |
| KRW | KRW | 0 | 17.3 | 0 |
| LAK | LAK | 0 | 1.122 | 0 |
| MYR | MYR | 0 | 5876 | 0 |
| NOK | NOK | 0 | 2229 | 0 |
| NZD | NZD | 0 | 14203 | 0 |
| PHP | PHP | 0 | 406 | 0 |
| SEK | SEK | 0 | 2280 | 0 |
| SGD | SGD | 18349 | 18479 | 19207 |
| THB | THB | 0 | 682.5 | 0 |
| TWD | TWD | 0 | 779 | 0 |
| XAU | XAU | 8350000 | 8350000 | 8410000 |
| XBJ | XBJ | 7900000 | 7900000 | 8410000 |
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| USD exchange rate today December 20, 2024. Illustration photo |
In the "black market", the black market USD exchange rate as of 5:00 a.m. on December 20, 2024 is as follows:
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| Black market on December 20, 2024. Photo: Chogia.vn |
USD exchange rate today December 20, 2024 on the world market
The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 108.4, up 0.2 points compared to trading on December 19, 2024.
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| DXY index developments in recent times. |
The dollar hovered near a two-year high on Tuesday after the Federal Reserve cut interest rates and signaled a much slower path to monetary policy easing through 2025, while the yen weakened against the greenback after the Bank of Japan kept interest rates unchanged.
The dollar edged up after falling earlier in the session after better-than-expected third-quarter U.S. GDP data showed the economy grew at an annualized rate of 3.3 percent, a figure that supported the Federal Reserve’s new cautious approach to easing policy, as well as a sharper-than-expected drop in jobless claims to 220,000 last week.
Currencies around the world fell sharply yesterday after the Fed's decision to push yields higher boosted the dollar, although many currencies recovered amid choppy trading conditions on low volumes ahead of the holiday.
The dollar index, which measures the greenback against six major currencies, hit a session high of 108.480, surpassing the previous session's 108.180 level, which was its highest since November 2022. The index was last up 0.08% at 108.360.
This week was busy with the central bank's final policy meetings of 2024. The BOJ kept interest rates unchanged as expected, but the yen fell sharply as Governor Kazuo Ueda did not offer many changes in a post-meeting press conference.
The dollar rose 1.63% against the yen to 157.55, trading at its highest since July.
"The main focus is on central bank decisions, which are generally very supportive of the dollar," said Vassili Serebriakov, a foreign exchange strategist at UBS in New York. "The Fed has cut rates in a hawkish way and the Bank of Japan has kept its dovish stance, and those are probably the two main drivers."
Investors are looking for signs that the BOJ is about to tighten policy, especially after the Fed took a hawkish stance at its meeting a day earlier. But the governor reiterated that policymakers will need more time to assess incoming economic data and the impact of U.S. President-elect Donald Trump’s policies.
The fallout from the Fed continued to ripple through financial markets after traders sharply reduced expectations for monetary easing next year.
The euro, down 1.34% on Wednesday, managed to claw back some of its losses and rose 0.16% to $1.036650.
“Since the election, interest rate expectations in the US have gone up, but outside the US they have gone down whether you look at the ECB or most other central banks,” said Ronald Temple, chief market strategist at Lazard in New York.
"And that leads to a stronger dollar as the interest rate differential widens in favor of the United States. So I think you should expect the dollar to strengthen even more because I don't think the interest rate market or the currency market has fully priced in the impact of the tariffs," Ronald Temple added.
The Bank of England kept interest rates unchanged at 4.75% as expected on Thursday. The pound fell, down 0.58% to $1.25. The Canadian dollar fell to a more than four-year low of $1.44 per dollar. The South Korean won fell to its weakest level in 15 years.
Fed Chairman Jerome Powell said further cuts in borrowing costs now depended on further progress in lowering high inflation, sending global stocks tumbling and bond yields soaring. The yield on the benchmark 10-year U.S. Treasury note rose 7.2 basis points to 4.57%.
The Swedish and Norwegian crowns both rose against the dollar on Thursday, after Sweden’s Riksbank cut interest rates but Norway’s Norges Bank left rates unchanged. The Swedish crown rose 1% to 11.026 against the dollar, while the Norwegian krone pared earlier gains and fell 0.58% to 11.45.
The kiwi fell to a two-year low before also rising after data on Thursday showed New Zealand’s economy fell into recession in the third quarter. The currency rose 0.16% against the greenback to $0.5632.
The Australian dollar bottomed at $0.6199, a two-year low, but has recently gained about 0.37%.
Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD 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 District, Hanoi 6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Hai Ba Trung District, 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 USD 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. Ho Chi Minh City 4. Saigon Jewelry Center - 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 |
Source: https://congthuong.vn/ty-gia-usd-hom-nay-20122024-dong-usd-tiep-tuc-manh-len-sau-khi-fed-cat-giam-lai-suat-365179.html
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