Best Places to Exchange Money in Hanoi

By Onetrip | Hanoi Travel Tips

Feb 08

The official currency in Vietnam is Dong (VND). Banknotes are issued in 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000, 200,000, and 500,000 dong . 20,000 and 500,000 bills look quite similar, so you must be careful when you exchange or use .
You can exchange money at the airport where currency exchange services are available, however, the exchange rates is as high as these in the city
Money exchange shops and jewelry stores may be the best options to get the most favorable rates. You can easily look for these shops in the Old Quarter. Another more secured option for you is to exchange money in at Bank branches or ATM
Almost all banks in Vietnam also have a foreign currency exchange service. But it takes longer time to get transaction because you need to finish some information and present required documents
The major currencies that are widely accepted at Hanoi’s forex shops include USD, EUR, GBP, AUD, CAD, SGD, JPY, and HKD.


Read on for more details about the best places to exchange money in Hanoi.

Airport and Banks – Money Changers

Airport is a place you should consider first because of ít convenience but the rates in these airports are lower  Therefore, the airport is not a favorable option if you don’t need to have some Vietnam Dong immediately for taxi fares.
However, tourists are recommended to go to bank branches since their exchange rates are quite competitive. On the other hand, you have to spend quite some time here waiting and filling out the required forms to ensure security. Some banks that you should use include Vietinbank, Vietcombank, Techcombank, VIB, HSBC, and BIDV. Commonly accepted currencies are JPY, USD, HKD, EUR, etc. In addition, you can find ATM located on the streets of Hanoi, helping you transfer money more easily.

Tips:

  • Remember to bring your identification document such as ID or passport when coming to the banks.
  • Each bank has its opening hours and rates;( almost open from 8 AM to 5 PM) or to ensure tourists had better contact the bank first to look for needed information and compare the rates among banks.

Where to exchange money in Hanoi?

The Old Quarter is the main tourist destination in Hanoi with Hoan Kiem Lake as the centerpiece. The atmosphere of the place is super vibrant with many kinds of activities day and night. Any kinds of services that one needs in Hanoi can be found here. So it is not hard to buy local currency in the area.
Forex service at the Old Quarter is mostly offered by gold dealers and tour operators. Their rates are often better than banks’ rates.
You can find these gold shops along Ha Trung and Hang Bac streets. Most of them only exchange US dollars and are open from Mondays to Saturdays.

RECOMMENDED MONEY CHANGERS – Money Changers in Hanoi Old Quarter

1) Quoc Trinh Gold Shop

This shop is just 2 minutes on foot from the Vietnam National Tuong Theater
Address: 27 Ha Trung, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3826 8856
Opening hours: Sunday to Friday 08:00 – 22:00

2) Kim Linh Jewelry

This store is located beside Queen Hotel Hanoi, which is a 2-minute walk from Hanoi Ancient House
Address: 67 Hang Bac, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3825 3649
Opening hours: Monday to Saturday 8:30 – 18:00

3) Tu Binh Jewelry

It is located across Queen Hotel Hanoi
Address: 54 Hang Bac, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3824 9799
Opening hours: Monday to Saturday 08:30 – 17:00

4) Hanoi Money Exchange

This shop is just 5 minutes on foot from Hoan Kiem Lake
Address: 19B Hang Be, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3990 1733
Opening hours: Monday to Saturday 09:00 – 18:00*

5) Phu Van Jewelry

It is located across Vietnam Guesthouse
Address: 25 Luong Ngoc Quyen, Hang Buom, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3926 1764
Opening hours: Monday to Saturday 09:00 – 18:00*

6) Manh Hung Jewelry

Its location is just a 3-minute walk from Vietnam National Tuong Theater.
Address: 51 Ha Trung, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3938 2251
Opening hours: Daily 08:00 – 19:00

*Opening hours may vary. Call first before visiting.

Or you can ask our Tour Guide to help you during your tours with us

Hanoi Street Food Tour

Bank Branches in Hanoi Old Quarter

Most bank branches at the Old Quarter in Hanoi are clustered around Hoan Kiem Lake and near Dong Kinh Nghia Thuc Square. Banks are the option to go for if you are looking for a more secure transaction and exchange rates are not your highest priority. Among many banks available at the Old Quarter, Vietcombank, Vietinbank, and Techcombank are the most popular. For a successful transaction, bank account is not required but an identification document is a must.

RECOMMENDED BANK BRANCHES

1) Vietinbank on Ly Thuong Kiet

This branch is just a 2-minute walk away from Vietnamese Women’s Museum
Address: 25 Ly Thuong Kiet, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3826 7112
Opening hours: Monday to Friday 08:00 – 17:00

2) Vietcombank on Cau Go

This branch is located on the north side of Dong Kinh Nghia Thuc Square
Address: 110 Cau Go, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3926 1236
Opening hours: Monday to Friday 08:00 – 17:00

3) Techcombank on Bat Dan

This branch is located near Hanoi Friendly Hotel
Address: 34 Bat Dan, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3923 2932
Opening hours: Monday to Friday 08:00 – 17:00, Saturday 08:00 – 12:00

4) Vietnam International Bank (VIB) on Dinh Tien Hoang

This branch is located at the north side of Hoan Kiem Lake near Dong Kinh Nghia Thuc Square
Address: 49 Dinh Tien Hoang, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 3938 2180
Opening hours: Monday to Friday 08:00 – 17:00*

5) SHB on Hang Hanh

This branch is located near Dong Kinh Nghia Thuc Square and Golden Lakeside Hotel
Address: 8 Hang Hanh, Hoan Kiem District, Ha Noi, Vietnam
Phone: +84 4 6270 0420
Opening hours: Monday to Friday 08:00 – 17:00*

*Opening hours may vary. Call first before visiting.

Reliable money changers in other areas of Hanoi

There are also reputable gold dealer shops outside the Old Quarter that provide professional currency exchange service.Vang Hoang Tin gold shop – located near Kim Ma bus station, and Bao Tin Minh Chau – situated near Bay Mau lake are the two most visited places. Both shops are open daily.

RECOMMENDED MONEY CHANGERS

1) Vang Hoang Tin Gold Shop

This shop is just a 2-minute walk from Kim Ma bus station
Address: 124 Nguyen Thai Hoc, Ba Dinh District, Ha Noi, Vietnam
Phone: +84 4 3733 7425
Opening hours: Mon to Sat 08:00 – 18:00, Sat & Sun 08:30 – 18:00

2) Bao Tin Minh Chau

Its location is a 3-minute walk away from Bay Mau lake
Address: 29 Tran Nhan Tong, Hai Ba Trung District, Ha Noi, Vietnam
Phone: +84 4 3822 6999
Opening hours: Daily 08:00 – 20:00

3) Kim Chung Gold Shop

This shop is located near Thai Ha Church and Dong Da General Hospital
Address: 24 Tay Son, Dong Da District, Ha Noi, Vietnam
Phone: +84 97 535 25 86
Opening hours: Monday to Saturday 09:00 – 18:00*

4) Bao Minh Jewelry

It is situated beside the Polonez Hotel
Address: 4B Tran Nhan Tong, Hai Ba Trung District, Ha Noi, Vietnam
Phone: +84 4 3944 6934
Opening hours: Monday to Saturday 09:00 – 18:00*

*Opening hours may vary. Call first before visiting.

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