Domestic Yen exchange rate today 3/9/2024
Today's Japanese Yen exchange rate surveyed on the morning of March 9, 2024 at banks, specifically as follows:
At Vietcombank , the Vietcombank Japanese Yen exchange rate is 161.84 VND/JPY and the selling rate is 171.30 VND/JPY, an increase of 0.75 VND in the buying direction and an increase of 0.8 VND in the selling direction.
At Vietinbank , the Yen exchange rate increased by 0.56 VND in both buying and selling directions, equivalent to 163.16 VND/JPY and 172.86 VND/JPY.
At BIDV Bank, the Japanese Yen exchange rate increased by 0.31 VND in both buying and selling directions, reaching 162.4 VND/JPY and 171.1 VND/JPY, respectively.
At Agribank, the Japanese Yen exchange rate for buying and selling is 162.6 VND/JPY and 170.97 VND/JPY - an increase of 0.37 VND for buying and an increase of 0.41 VND for selling.
At Eximbank, the buying and selling prices decreased by 0.28 VND, respectively at 163.94 VND/JPY and 168.74 VND/JPY.
At Techcombank, the Japanese Yen exchange rate increased by 0.6 VND at buying and increased by 0.63 VND at selling with prices of 160.79 VND/JPY and 173.28 VND/JPY respectively.
At Sacombank, the Japanese Yen exchange rate increased by 0.52 VND in the buying and selling directions, corresponding to the prices of 165.31 VND/JPY and 170.38 VND/JPY.
At NCB Bank, the Japanese Yen exchange rate is 162.52 VND/JPY for buying and 170.26 VND/JPY for selling (corresponding to a decrease of 0.46 VND for buying and a decrease of 0.4 VND for selling).
At HSBC Bank, the Japanese Yen exchange rate increased by 0.93 VND in buying and increased by 0.98 VND in selling, respectively at 162.71 VND/JPY and 169.89 VND/JPY.
According to a survey by Cong Thuong Newspaper, today's Japanese Yen exchange rate at Sacombank is the bank with the highest Japanese Yen buying rate and Eximbank is the bank with the lowest selling rate among banks .
At 5:15 a.m. on March 9, 2024, the summary table of Yen/VND exchange rates at some banks is as follows:
*Note: Cash buying and selling rates | ||||
Day | March 9, 2024 | Change from previous session | ||
Bank | Buy | Sell | Buy | Sell |
Vietcombank | 161.84 | 171.30 | +0.75 | +0.8 |
VietinBank | 163.16 | 172.86 | +0.56 | +0.56 |
BIDV | 162.4 | 171.1 | +0.31 | +0.31 |
Agribank | 162.6 | 170.97 | +037 | +0.41 |
Eximbank | 163.94 | 168.74 | -0.28 | -0.28 |
Sacombank | 165.31 | 170.38 | +0.52 | +0.52 |
Techcombank | 160.79 | 173.28 | +0.6 | +0.63 |
NCB | 162.52 | 170.26 | -0.46 | -0.4 |
HSBC | 162.71 | 169.89 | +0.93 | +0.98 |
Black market rate (VND/JPY) | 170.60 | 171.90 | +2.08 | +2.38 |
| 1. VCB - Updated: 03/09/2024 04:56 - Time of website supply source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUSTRALIAN DOLLAR | AUD | 15,925.56 | 16,086.42 | 16,603.27 |
| CANADIAN DOLLAR | CAD | 17,875.12 | 18,055.68 | 18,635.80 |
| SWISS FRANC | CHF | 27,400.64 | 27,677.42 | 28,566.68 |
| YUAN RENMINBI | CNY | 3,358.42 | 3,392.34 | 3,501.87 |
| DANISH KRONE | DKK | - | 3,555.38 | 3,691.70 |
| EURO | EUR | 26,303.12 | 26,568.81 | 27,746.66 |
| Sterling Pound | GBP | 30,781.88 | 31,092.81 | 32,091.81 |
| HONGKONG DOLLAR | HKD | 3,073.33 | 3,104.37 | 3,204.11 |
| INDIAN RUPEE | INR | - | 297.38 | 309.29 |
| YEN | JPY | 161.84 | 163.48 | 171.30 |
| KOREAN WON | KRW | 16.14 | 17.93 | 19.56 |
| KUWAITIAN DINAR | KWD | - | 80,074.30 | 83,279.48 |
| MALAYSIAN RINGGIT | MYR | - | 5,201.71 | 5,315.41 |
| NORWEGIAN KRONER | NOK | - | 2,321.70 | 2,420.39 |
| RUSSIAN RUBLE | RUB | - | 258.88 | 286.60 |
| SAUDI RIAL | SAR | - | 6,556.68 | 6,819.13 |
| SWEDISH KRONA | SEK | - | 2,363.55 | 2,464.01 |
| SINGAPORE DOLLAR | SGD | 18,041.52 | 18,223.75 | 18,809.28 |
| THAILAND | THB | 613.46 | 681.62 | 707.76 |
| US DOLLAR | USD | 24,470.00 | 24,500.00 | 24,840.00 |
| 2. Vietinbank - Updated: 09/03/2024 00:00 - Time of website source | ||||
| Foreign currency | Buy | Sell | ||
| Name | Code | Cash | Transfer | |
| AUD | AUD | 16,003 | 16,023 | 16,623 |
| CAD | CAD | 17,961 | 17,971 | 18,671 |
| CHF | CHF | 27,564 | 27,584 | 28,534 |
| CNY | CNY | - | 3,359 | 3,499 |
| DKK | DKK | - | 3,525 | 3,695 |
| EUR | EUR | #26,090 | 26,300 | 27,590 |
| GBP | GBP | 31,117 | 31,127 | 32,297 |
| HKD | HKD | 3,021 | 3,031 | 3,226 |
| JPY | JPY | 163.35 | 163.5 | 173.05 |
| KRW | KRW | 16.51 | 16.71 | 20.51 |
| LAK | LAK | - | 0.68 | 1.38 |
| NOK | NOK | - | 2,283 | 2,403 |
| NZD | NZD | 14,959 | 14,969 | 15,549 |
| SEK | SEK | - | 2,335 | 2,470 |
| SGD | SGD | 17,946 | 17,956 | 18,756 |
| THB | THB | 642.92 | 682.92 | 710.92 |
| USD | USD | #24,393 | 24,433 | 24,853 |
On the "black market", the black market Japanese Yen exchange rate as of March 9, 2024 this morning is as follows:
 |
| Black market 9/3/2024 |
So is the black market Yen exchange rate up or down today?
Today, March 9, 2024, surveyed in the black market, the Japanese Yen/VND exchange rate increased by 2.08 VND in the buying direction and increased by 2.38 VND in the selling direction, respectively traded at the buying direction of 170.60 VND/JPY and the selling direction of 171.90 VND/JPY.
In Hanoi, the largest currency exchange street in Hanoi that helps you exchange many types of foreign currencies is Ha Trung currency exchange street. At Ha Trung currency exchange street, you can exchange popular foreign currencies on the market today such as USD (US dollar), Euro, Yen (Japanese Yen), Won (Korean Won), ... and many other currencies. Therefore, the Japanese Yen Ha Trung exchange rate is also a keyword that readers are interested in and Quoc Trinh Ha Trung store is an address that is advertised a lot on social networks. However, when exchanging money at these foreign currency streets, you need to comply with the regulations of Vietnamese law.
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| Yen exchange rate today March 9, 2024 |
Yen exchange rate trend forecast
The Japanese Yen continued its upward momentum in today's trading session, the Yen increased more than 1.5% since the beginning of the week, the strongest percentage increase since December.
Traders are predicting that the Bank of Japan (BoJ) is likely to end negative interest rates in the near future, in stark contrast to the expected path of US interest rates.
The yen has weakened for much of the past two years as the BoJ maintained an ultra-loose monetary policy stance while other major central banks aggressively raised interest rates to curb inflation.
The USD/JPY pair extended losses and fell to its lowest level since early February on Friday, supported by speculation that the Fed may move closer to greater confidence that inflation is on a sustainable path toward its 2.0% target to begin reducing borrowing costs.
The dollar’s lackluster performance heading into the weekend was further bolstered by the February jobs report, which showed unemployment jumped to a two-year high, raising concerns about potential cracks emerging in the US labor market.
However, the main factor behind the decline in USD/JPY may have been a media leak that the Bank of Japan (BoJ) is warming to the idea of ending negative interest rates at its March meeting, fueled by expectations of a significant wage increase in this year's annual wage talks between unions and major businesses.
Previously, a sustained recovery in the yen seemed unlikely and not imminent, at least until the BoJ finally pulled the trigger and abandoned its ultra-accommodative stance. As that moment approaches, the Japanese currency could be on the verge of a strong comeback.
While the outlook for USD/JPY is starting to dim, its short-term fate remains undecided. If next week’s US CPI report surprises with the same increase as last month, there could be room for a short-term rally before a more sustained decline later in the year. For this reason, traders should keep a close eye on inflation releases.
Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling Japanese Yen in Hanoi: 1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung, Hang Bong, Hoan Kiem, Hanoi 2. Gold and Silver Fine Arts - No. 31 Ha Trung, Hang Bong, Hoan Kiem, Hanoi 3. Minh Chien Gold and Silver Store - No. 119 Cau Giay, Cau Giay, Hanoi 4. Thinh Quang Gold and Silver Company - No. 43 Ha Trung, Hang Bong, Hoan Kiem, Hanoi 5. Toan Thuy Store - No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan, Hanoi 6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Bui Thi Xuan, Hanoi 7. Chinh Quang Store - No. 30 Ha Trung, Hang Bong, Hoan Kiem, Hanoi 8. Kim Linh 3 Store - No. 47 Ha Trung, Hang Bong, Hoan Kiem, Hanoi 9. Huy Khoi Store - No. 19 Ha Trung, Hang Bong, Hoan Kiem, 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 Japanese Yen 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 |
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