macro

Vietnamese dong and SJC gold rates for October 20

Snapshot of official and unofficial dong-to-dollar rates, interbank quotes and SJC gold prices in Hanoi for October 20, as of 02:09 GMT, 2026.

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what happened

The State Bank of Vietnam's daily mid-point rate for USD/VND stood at 25,639 dong per dollar on October 20. Interbank offered quotes were 25,885/25,888, while the unofficial market traded at 26,050/26,150.

Indicative SJC gold prices, quoted by state-owned Saigon Jewelry Co., were 139.0–142.0 million dong per tael in Hanoi. One tael equals 37.5 grams, or 1.21 troy ounces.

why it matters

Dollar-dong trades on the official market may move within a band of 5% either side of the mid-point, while the dong's rate against other currencies is not restricted by a band. The gap between interbank and unofficial quotes, roughly 165–265 dong, shows how demand for dollars can run ahead of official channels. For investors, this is a gauge of currency pressure in Vietnam.

market impact

Vietnamese dong and SJC gold: the gap between official and unofficial rates signals USD/VND pressure

tags

instruments

USD/VNDGold SJC

sources

  1. Vietnam dong, gold rates — October 20, 20 October 2026 at 02:12 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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