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The Japanese Yen rises to a record high.

Báo Công thươngBáo Công thương08/03/2025

Japanese Yen exchange rate today, March 8, 2025: The Japanese Yen reaches a record high. How much is 1 Man in VND? Eximbank is the bank offering the highest Yen purchase price.


Domestic Yen exchange rate today, March 8, 2025

The Japanese Yen exchange rates surveyed at various banks this morning, March 8, 2025, are as follows:

At Vietcombank , the Japanese Yen exchange rate is 166.91 VND/JPY for buying and 177.52 VND/JPY for selling.

At Vietinbank , the buying and selling rates for the Yen are 168.65 VND/JPY and 178.20 VND/JPY, respectively.

At BIDV bank, the buying and selling rates for the Japanese Yen reached 169.45 VND/JPY and 177.38 VND/JPY respectively.

At Agribank, the Japanese Yen exchange rate for buying and selling is 168.66 VND/JPY and 176.80 VND/JPY respectively.

At Eximbank, the buying and selling rates are 170.11 VND/JPY and 176.05 VND/JPY, respectively.

At Sacombank, the buying and selling rates for the Japanese Yen are 170.04 VND/JPY and 177.07 VND/JPY, respectively.

At Techcombank, the buying and selling rates are 166.38 VND/JPY and 178.91 VND/JPY, respectively.

At NCB bank, the Japanese Yen exchange rate is 165.92 VND/JPY for buying and 174.21 VND/JPY for selling.

At HSBC bank, the buying rate for the Japanese Yen is 168.02 VND/JPY and the selling rate is 175.43 VND/JPY.

According to a survey by the Industry and Trade Newspaper, today's Japanese Yen exchange rate at Exim Bank is the highest buying rate for the Japanese Yen , while HSBC has the lowest selling rate among all banks .

At 6:00 AM on March 8 , 2025 , the following was a summary of the Yen/VND exchange rates at several banks:

*Note: Cash buying and selling rates

Bank

Buy

Sell

Vietcombank

166.91

177.52

VietinBank

168.65

178.20

MB

169.45

177.38

Agribank

168.66

176.80

Eximbank

170.11

176.05

Sacombank

170.04

177.07

Techcombank

166.38

178.91

NCB

165.92

174.21

HSBC

168.02

175.43

Black market exchange rate (VND/JPY)

172.22

173.22

1. BIDV - Updated: 07/03/2025 13:45 - Time of source website update
Foreign currency Buy Sell
Name Code Cash Transfer
US Dollar cau 25,330 25,330 25,690
Dollar USD(1-2-5) 24,317 But But
Dollar USD(10-20) 24,317 But But
British Pounds GBP 32,462 32,537 33,421
Hong Kong Dollar HKD 3,226 3,233 3,332
Swiss Franc CHF 28,579 28,608 29,401
Japanese Yen rush 169.45 169.72 177.38
Thai Baht THB 697.19 731.89 782.78
Dollar Australia AUD 15,875 15,899 16,333
Canadian Dollar CAD 17,610 17,635 18,117
Singapore Dollar SGD 18,795 18,872 19,475
Swedish Krone SEK But 2,472 2,558
Lao Kip LAK But 0.9 1.25
Danish Kroner DKK But 3,639 3,765
Norwegian Kmara NOK But 2,305 2,386
Chinese Yuan CNY But 3,483 3,579
Russian Ruble RUB But But But
New Zealand Dollar NZD 14,290 14,379 14,803
Korean Won KRW 15.46 August 17th 18.34
Euro CZ 27,160 27,204 28,399
Taiwanese Dollar TWD 701.36 But 848.71
Malaysian Ringgit MYR 5,391.12 But 6,082.91
Saudi Arabian Royals SAR But 6,685.11 7,038.7
Kuwait Dinar KWD But 80,573 85,721
SJC gold, 1 tael (unit: 1000 VND) BAD But But 92,700
1. Sacombank - Updated: 12/10/2009 07:16 - Time provided by the source website
Foreign currency Buy Sell
Name Code Cash Transfer
cau cau 25335 25335 25695
AUD AUD 15760 15860 16425
CAD CAD 17491 17591 18146
CHF CHF 28637 28667 29550
CNY CNY 0 3493.4 0
CZK CZK 0 1005 0
DKK DKK 0 3540 0
CZ CZ 27269 27369 28242
GBP GBP 32516 32566 33679
HKD HKD 0 3280 0
rush rush 170.04 170.54 177.07
KHR KHR 0 6,032 0
KRW KRW 0 17.1 0
LAK LAK 0 1,138 0
MYR MYR 0 5890 0
NOK NOK 0 2265 0
NZD NZD 0 14412 0
PHP PHP 0 414 0
SEK SEK 0 2340 0
SGD SGD 18816 18946 19677
THB THB 0 703.2 0
TWD TWD 0 775 0
BAD BAD 9050000 9050000 9250000
XBJ XBJ 8,000,000 8,000,000 9250000

On the "black market," the Japanese Yen exchange rate as of this morning, March 8 , 2025 , is as follows:

Tỷ giá Yen Nhật hôm nay 8/3/2025: Đồng Yen tăng kỷ lục

So what is the black market exchange rate for the Yen today ?

Today, March 8, 2025, a survey of the black market shows that the Japanese Yen/VND exchange rate is trading at 172.22 VND/JPY for buying and 173.22 VND/JPY for selling.

In Hanoi, the largest currency exchange street, offering a wide variety of foreign currencies, is Ha Trung Street. At Ha Trung Street, you can exchange common currencies such as USD (US dollar), Euro, Yen (Japanese Yen), Won (Korean Won), and many others. Therefore, the Japanese Yen exchange rate in Ha Trung is a popular search term, and Quoc Trinh Ha Trung is a frequently advertised address on social media. However, when exchanging money in these currency exchange streets, you must comply with Vietnamese law.

Tỷ giá Yen Nhật hôm nay 8/3/2025: Đồng Yen tăng kỷ lục
The Japanese Yen has risen to a record high. (Illustrative image)

Forecast of Yen exchange rate trends

Deputy Governor of the Bank of Japan (BoJ), Shinichi Uchida, said the BoJ may adjust interest rates at a pace consistent with market expectations, while emphasizing that any decision would be based on inflation developments and economic growth.

In addition, the yield on 10-year Japanese government bonds rose to its highest level since 2009, as a wave of bond sell-offs spread globally. This not only reflects expectations that the Bank of Japan may soon end its negative interest rate policy but also contributes to the continued strengthening of the Yen against other major currencies.

Furthermore, uncertainty surrounding Donald Trump's trade policies, particularly his recent statements about the possibility of imposing high tariffs on imported goods, has heightened concerns about global trade tensions. This has led to cautious investor sentiment, resulting in a decline in global stock markets. In this context, the Japanese Yen – considered a safe-haven asset – has become a preferred choice for investors, contributing to its increased value in the foreign exchange market.

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

1. Quoc Trinh Ha Trung Gold Shop - No. 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, Bui Thi Xuan Ward, 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-yen-nhat-hom-nay-832025-dong-yen-tang-ky-luc-377295.html

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