USD exchange rate today 05/20/2025: USD drops

USD exchange rate today, May 20, 2025: The USD weakened across the board in the first session of the week, falling to its lowest level in more than a week against safe-haven currencies such as the Japanese yen, Swiss franc and euro, after the market reacted to the unexpected news: the US sovereign credit rating was downgraded. In addition, trade tensions continued to weigh on investor sentiment.

USD exchange rate today 05/20/2025

At the time of survey at 4:30 a.m. on May 20, the central exchange rate at the State Bank was currently 24,970 VND/USD, an increase of 10 VND compared to yesterday's trading session.

Specifically, at Vietcombank , the USD exchange rate is 25,730 - 26,120 VND/USD, up 10 VND in both directions, compared to yesterday's trading session.

VIB Bank is buying USD cash at the lowest price: 1 USD = 25,340 VND

VIB Bank is buying USD transfers at the lowest price: 1 USD = 25,400 VND

HSBC Bank is buying USD cash at the highest price: 1 USD = 25,804 VND

OCB Bank is buying USD transfers at the highest price: 1 USD = 25,810 VND

VIB Bank is selling USD cash at the lowest price: 1 USD = 25,760 VND

VIB Bank is selling USD transfers at the lowest price: 1 USD = 25,760 VND

Saigonbank is selling USD cash at the highest price: 1 USD = 26,200 VND

NCB Bank is selling USD transfers at the highest price: 1 USD = 26,175 VND

USD exchange rate at some banks today. Source Webgia.com

1. Agribank - Updated: 05/20/2025 04:30 - Time of website source supply
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,740	25,750	26,090
EUR	EUR	28,426	28,540	29,642
GBP	GBP	33,868	34,004	34,975
HKD	HKD	3,250	3,263	3,369
CHF	CHF	30,456	30,578	31,483
JPY	JPY	174.53	175.23	182.51
AUD	AUD	16,288	16,353	16,882
SGD	SGD	19,627	19,706	20,245
THB	THB	759	762	796
CAD	CAD	18,237	18,310	18,820
NZD	NZD		15,025	15,531
KRW	KRW		17.70	19.51

2. Sacombank - Updated: 08/24/2009 07:16 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25765	25765	26125
AUD	AUD	16366	16466	17032
CAD	CAD	18251	18351	18905
CHF	CHF	30739	30769	31654
CNY	CNY	0	3562.2	0
CZK	CZK	0	1130	0
DKK	DKK	0	3930	0
EUR	EUR	28903	29003	29776
GBP	GBP	34248	34298	35409
HKD	HKD	0	3270	0
JPY	JPY	175.63	176.63	183.14
KHR	KHR	0	6,032	0
KRW	KRW	0	18	0
LAK	LAK	0	1,152	0
MYR	MYR	0	6333	0
NOK	NOK	0	2510	0
NZD	NZD	0	15133	0
PHP	PHP	0	440	0
SEK	SEK	0	2680	0
SGD	SGD	19672	19802	20523
THB	THB	0	729.3	0
TWD	TWD	0	845	0
XAU	XAU	11700000	11700000	11930000
XBJ	XBJ	10000000	10000000	11930000

In the "black market", the black market USD exchange rate as of 4:30 a.m. on May 20, 2025 increased by 25 VND in both buying and selling compared to yesterday's trading session, trading around 26,344 - 26,444 VND/USD.

Black market on May 20, 2025. Photo: Chogia.vn

USD exchange rate today May 20, 2025 on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 100.26 - down 0.72 points compared to May 19, 2025.

DXY index developments in recent times.

U.S. Treasury Secretary Scott Bessent said in television interviews on Sunday that President Donald Trump would impose tariffs as threatened last month on trading partners that do not negotiate in “good faith.” But it was Moody’s downgrade on Friday that triggered the greenback’s decline. Moody’s cited concerns about the nation’s massive $36 trillion national debt.

The move follows similar steps earlier from Fitch in the summer of 2023 and S&P in 2011.

The news sent the dollar off its perch against many of its major rivals after four straight weeks of gains, a period in which the currency was supported by optimism about the prospects of new US trade agreements and warming relations with China, helping to ease fears of a global recession.

"Credit ratings are very important, and the downgrade so early shows that analysts and economists are pessimistic about the impact of the new trade policy. The current financial environment is still cautious, turbulent and tends to 'sell US assets'. The downgrade will exacerbate this trend, dragging down the value of the USD," commented Mr. Juan Perez, Director of Trading at Monex USA, headquartered in Washington.

Despite the decline in the USD, New York Federal Reserve President John Williams said there were no signs of large capital outflows from US assets, and emphasized that the USD still retains its role as the global reserve currency.

In a related development, China has called on the US to implement responsible policies to maintain the stability of the international financial and economic system and protect investors’ interests. This call came after Mr. Bessent’s stern warning on Sunday to countries that do not negotiate in good faith with the US.

However, a report from the Financial Times said the US had begun serious trade talks with the EU, which helped break a long-standing deadlock and raised hopes of additional deals after Washington signed a framework with the UK earlier this month.

The Australian dollar rose 0.66% to $0.6444 after three straight days of declines, ahead of the Reserve Bank of Australia's monetary policy meeting on Tuesday, with a widely expected 25 basis point interest rate cut. The New Zealand dollar also rose 0.5% to $0.5911.

USD exchange rate today May 20, 2025. Illustration photo

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

Ngoc Hung

Source: https://congthuong.vn/ty-gia-usd-hom-nay-20052025-dong-usd-sut-giam-388368.html