USD exchange rate, world currency exchange rates
The USD Index (DXY), a measure of the strength of the US dollar against six major currencies including EUR, JPY, GBP, CAD, SEK, and CHF, fell 0.54%, currently standing at 102.00 points.
Foreign exchange rates, against the US dollar, showed the euro recovering 0.56% from its 18-month low to 1.1218 USD/EUR, the British pound rising 0.64% to 1.3275 USD/pound, and the Japanese yen increasing 0.15% to 158.08 yen/USD. Meanwhile, the Australian dollar fell 0.77% to 0.6919 USD/AUD…
Highlights of today
The DXY index fell to the 102.00 point region.
USD prices at banks have fallen.
The free market USD exchange rate has stabilized.
The Japanese yen fell, while the euro showed mixed movements at banks.
The US dollar fell from its 18-month high on Thursday, despite positive US inflation and spending data. The decline came as investors worried about the debt burden of AI companies and sold off data center stocks, driving capital toward US government bonds. Concerns about slowing growth also weighed on the greenback.
US producer prices rose sharply in September, the strongest increase in four and a half years, and retail sales exceeded forecasts, indicating persistent inflationary pressures and robust consumer demand. However, cautious statements from Fed officials have lowered expectations for an interest rate hike in October. According to CME FedWatch, the probability of the Fed keeping interest rates unchanged at its October 27-28 meeting has risen to 73%, up from 53% a month ago.
USD exchange rate, domestic foreign exchange rates
In the domestic market, during this morning’s trading session on October 16th, the central exchange rate at the State Bank of Vietnam decreased by 4 dong compared to the previous session, standing at 25,642 dong/USD.
The USD exchange rate at the State Bank of Vietnam’s exchange desk decreased in both buying and selling rates compared to the previous session, reaching 24,410 VND for buying and 26,874 VND for selling.
Surveys conducted among commercial banks show that the exchange rates of the USD and other foreign currencies have also experienced significant fluctuations.
Foreign exchange rates, USD exchange rate at Vietcombank
Foreign exchange rates, the USD exchange rate for today, October 16, 2026, is updated as follows:
Foreign exchange rates, USD exchange rate at Vietcombank on October 16, 2026.
Foreign exchange rates, USD exchange rate at Vietinbank
Foreign exchange rates, the USD exchange rate for today, October 16, 2026, is updated as follows:
Foreign exchange rates, USD exchange rate at Vietinbank on October 16, 2026.
Foreign exchange rates, USD exchange rate at BIDV
Foreign exchange rates, the USD exchange rate for today, October 16, 2026, is updated as follows:
Foreign exchange rates, USD exchange rate at BIDV today, October 16, 2026.
The USD exchange rate decreased at commercial banks. At Vietcombank, the USD price fell by 30 dong for both buying and selling compared to the previous session, to 25,650-26,060 dong/USD. At VietinBank, the USD price was 25,620-26,065 dong/USD, down 31 dong for both buying and selling compared to the previous session. At BIDV, the USD was traded at 25,680-26,060 dong/USD for buying and selling, down 30 dong for both buying and selling compared to the previous session.
Today, October 16th, the USD exchange rate in the black market and at surveyed gold shops at 8:39 AM remains unchanged compared to yesterday at the same time, currently being bought at 26,036 VND and sold at 26,136 VND.
Today, October 16th, the EUR exchange rate showed mixed movements at several commercial banks. At Vietcombank, the buying and selling rates for the EUR were listed at 28,252.71-29,742.95 VND/EUR, an increase of 2 VND in both buying and selling rates compared to the previous session. At Vietinbank, the buying and selling rates for the EUR remained at 28,455-29,765 VND/EUR, a decrease of 46 VND in both buying and selling rates compared to yesterday. At BIDV, the EUR rate was 28,430-29,805 VND/EUR, a decrease of 46 VND in the buying rate and 53 VND in the selling rate compared to the previous session.
Today, October 16th, the EUR exchange rate in the black market and at surveyed gold shops at 8:43 AM remains unchanged compared to yesterday at the same time, currently being bought at 28,926 VND and sold at 29,036 VND.
At Vietcombank, the Japanese yen exchange rate is in the range of 157.51-168.36 VND/yen, a slight decrease compared to yesterday’s session; at Vietinbank, the yen decreased in both buying and selling rates compared to the previous session, in the range of 158.60-168.60 VND/yen. At BIDV, the buying and selling price of 1 Japanese yen is in the range of 159.07-169.02 VND, a decrease compared to yesterday’s session.
What should buyers of USD be aware of?
On October 16th, the US dollar weakened slightly in the international market, with some domestic banks also experiencing a decline. Meanwhile, the USD price remained stable in the free market, indicating inconsistent exchange rate movements across different markets. This necessitates caution from investors, who should avoid chasing the upward trend of the US dollar in the international market.
Market monitoring shows that the USD/VND exchange rate is also affected by the supply and demand of foreign currency in the domestic market, the payment needs of businesses, and import and export activities. Therefore, it is not possible to predict a corresponding increase in the domestic USD price based solely on the upward or downward trend of the international USD.
For those needing to buy USD for studying abroad, tourism , business trips, or foreign currency payments, it’s important to clearly define the amount needed and the payment schedule. If you don’t need to buy the entire amount at once, dividing the purchase into smaller installments can help mitigate risks from exchange rate fluctuations. Buyers should also compare USD selling prices between banks and consider the buy-sell spread to choose the most suitable time.
For investors intending to hold USD for profit, the current situation demands greater caution. A decline in the international USD price does not necessarily mean a corresponding decrease in the domestic USD price, and vice versa. The sideways movement in the free market indicates that the downward trend has not spread evenly. If buying at a high price but the domestic exchange rate does not continue to rise, profits may be reduced, or even losses may be incurred when selling due to the difference between buying and selling prices.
