Vietnam Dong vs other currencies? - Side Gigster

Vietnam Dong vs other currencies?

A forum about all thing related to Forex

This topic has 2 replies, 3 voices, and was last updated 2 years, 8 months ago by A.walker.

Viewing 2 reply threads

Author
Posts
- January 28, 2021 at 9:14 pm #933
  GigMaster
  Participant
  I am curious to know if Vietnam Dong is a good investment or not? Is it better or worse than the US dollar? Or should I instead look for a better foreign currency?
- January 28, 2021 at 9:43 pm #939
  Morgan
  Participant
  Supposedly it’s a bit better, as $1 Vietnam Dong is worth $0.43 in USD. So the Vietnam Dong is worth a bit more it seems. But, its not by a whole lot.
- January 29, 2021 at 3:40 am #942
  A.walker
  Participant
  Hey Gents,
  So I just saw this and decided to give you my two cents.
  First of all the Vietnam Dong or USD/VND is 1 USD = 0.0000434461 vnd
  https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=VND
  So here the truth, if you were to look at a chart of the two currencies you see a lot of volatility which is what you need to trade. The problem is that there is not a lot of action as the VND is not the major currency. this means that the spreads would be wide and the pair may not be all that liquid.
  For my money, it is best to stick with the major currency pairs where the spreads are razor-thin and there are always buyers and sellers.
  Cheers!
Author
Posts

Viewing 2 reply threads

You must be logged in to reply to this topic.

Random FAQ's

What kind of content do you need?

Glad you asked. Are you a freelance writer? Post some articles and advertise that you are looking for work.

Are you a graphicc designer show somw of your work , explain why it works and let eveyone know you are open for business.

Are you a great sales person? Explain the sales process and l someone your service.

Get on the forum introduce yourself and start talking.

© 2023 Side Gigster. Built using WordPress and Mesmerize Theme.