1 CAD to VND Exchange Rate Today – Convert CAD to Dong

One Canadian dollar now buys you around 19,271 Vietnamese dong — a rate that means your loonie stretches further on the ground than it has in years, but also raises questions about what’s happening with Canada’s currency and whether now is the right moment to convert. This guide breaks down the current rate, why the Canadian dollar is under pressure, and what you can actually do with your money once you arrive in Vietnam.

Current Rate: 1 CAD = 19,271 VND ·
5 CAD: 96,354 VND ·
10 CAD: 192,707 VND ·
20 CAD: 385,414 VND ·
Previous Close: 19,217 VND

How much is $1 CAD to VNĐ?

The mid-market exchange rate sits around 19,030 VND per Canadian dollar, according to data from Wise. This is the baseline rate — what banks and transfer services use internally before adding their margins. Depending on where you actually convert your money, the number you’ll see will typically fall somewhere between 18,500 and 19,350 VND per CAD, depending on the provider and any promotional rates available.

Current exchange rate

XE.com shows the mid-market rate at 18,764 VND per CAD, while Instarem displays a slightly higher 19,175.93 VND per CAD. The differences between providers reflect the spreads they apply and how frequently they update their rates. Revolut quotes 18,517.00 VND for standard conversions, while WorldRemit sits at 18,904.78 VND per CAD. If you’re transferring larger amounts, even a difference of 100 VND per dollar compounds quickly.

The implication: the spread between the highest and lowest rate in the market is roughly 805 VND per CAD. On a $5,000 transfer, that difference alone equals about 4 million dong — more than enough for a week of meals in Hanoi.

Rate table for multiple amounts

Five CAD converts to approximately 96,354 VND at the current rate. Ten CAD reaches 192,707 VND, while twenty CAD hits 385,414 VND. For travelers, a modest amount like 50 CAD translates to roughly 963,550 VND — a stack of small-denomination bills that will feel substantial in local markets and street food stalls.

Why is the CAD so weak right now?

The Canadian dollar’s current weakness reflects a mix of external pressures and domestic economic signals. Canada’s traditional reliance on oil revenue has loosened its grip on CAD’s value, while broader global monetary trends — particularly the strong U.S. dollar — have shifted exchange rate dynamics in ways that don’t automatically favor Canada’s currency.

Oil decoupling impact

For decades, Canada’s currency moved in step with crude oil prices. When oil climbed, the loonie typically followed. That relationship has frayed. Even with oil prices fluctuating, CAD hasn’t tracked upward the way it historically did. Analysts point to Canada’s economic diversification and the growing weight of service-sector industries as partially explaining why oil’s influence has diminished relative to other trading partners.

Economic factors

The U.S. dollar strengthened notably in 2025, driven by higher real yields in American markets. Since the Canadian dollar trades in relation to USD as a primary anchor, any USD strength pulls CAD along for the ride — often downward. Vietnam’s dong depreciated alongside this trend, with USD/VND reaching approximately 26,430 in October 2025, near historically low levels for the currency pair according to EBC analysis.

The pattern: both CAD and VND faced headwinds from the strong dollar environment, but their relative positions shifted based on domestic monetary policy decisions in each country.

“In short, the VND’s weakness in 2025 is more cyclical and policy-sensitive than structural. If macro tailwinds shift in Vietnam’s favour, the dong can recover.”

— EBC Analysis, Financial Commentary on Vietnam Currency Dynamics

Will CAD ever go back up?

The Canadian dollar is positioned for potential recovery against the U.S. dollar, which would likely translate to improved CAD/VND rates over time. However, the timing remains uncertain, and the path depends on several macroeconomic variables that are difficult to predict with precision.

Predictions for CAD/VND

Market analysts note that CAD has historically recovered from similar periods of weakness when commodity cycles turn in Canada’s favour or when the Bank of Canada signals a more hawkish monetary stance. The Canadian dollar’s trajectory against VND will depend partly on what happens with the U.S. dollar index and whether Vietnam’s trade surplus and foreign direct investment inflows continue to support the dong.

Factors for recovery

Three factors would most likely support CAD strengthening: a change in the global risk appetite that favours commodity currencies, Bank of Canada rate increases that narrow the yield differential with the U.S., and a softening of the U.S. dollar as the U.S. Federal Reserve eases its tightening cycle. Until one or more of these conditions materializes, the loonie is likely to remain range-bound against the dong.

What this means: travelers and remitters should not expect dramatic improvements in the near term. Locking in rates during favorable windows — when they appear — remains the most reliable strategy.

How much is 20,000 Vietnamese dong in English money?

At current rates, 20,000 VND converts to approximately $1.04 CAD — making Vietnamese dong feel almost worthless in absolute terms, but that’s precisely why the currency buys so much on the ground. The math that looks small on paper translates to real purchasing power when you’re paying for local meals, transport, and activities.

Reverse conversion to GBP

For readers converting to British pounds, 20,000 VND sits around £0.60 at typical GBP/USD rates. The same principle applies: the VND’s face value seems tiny, but in Vietnam, 20,000 dong covers a bowl of pho, a bus ride, or a few cans of local beer. Wise’s converter tool provides live reverse calculations for travelers who want precise local equivalents.

VND value in CAD

One hundred CAD converts to roughly 1,927,070 VND — a number that feels enormous but represents a normal travel budget for two weeks in Vietnam, including accommodation, food, and activities. The psychological shift matters: thinking in dong rather than trying to mentally convert to CAD helps travelers gauge whether prices are reasonable within the local context.

Is it better to buy dong in Vietnam?

The conventional wisdom says to avoid exchanging currency at airports, where spreads tend to be widest. In Vietnam, this advice holds especially true. Travelers who land at Noi Bai International Airport in Hanoi or Tan Son Nhat in Ho Chi Minh City will find airport exchange counters offering noticeably worse rates than what they could get in the city center.

Best exchange practices

The better approach involves a two-step strategy. First, use a digital transfer service like Wise or Revolut to move your Canadian dollars into a multi-currency account at mid-market rates before you travel. Second, withdraw Vietnamese dong from local ATMs in Vietnam using a card with low foreign transaction fees. This method typically preserves 97–99% of the mid-market rate, compared to the 95–97% you might receive at airport kiosks.

ATMs vs airports

ATMs in Vietnam are widely available in cities and tourist areas. Most accept Visa and Mastercard debit cards, dispensing dong directly. Bank ATMs from Vietcombank or BIDV often offer better rates than independent machines. Watch for any dynamic currency conversion (DCC) prompts — always choose to be charged in local currency (VND) rather than CAD to avoid unfavorable conversion terms.

The catch: using ATMs requires a card that doesn’t charge foreign transaction fees. Scotiabank, EQ Bank, and Wise’s borderless card are popular Canadian options that either waive these fees or apply them minimally. Without checking your card’s terms, an ATM withdrawal could cost more than the exchange rate difference.

How to convert CAD to VND with low fees

Converting Canadian dollars to Vietnamese dong efficiently requires understanding where the fees hide. The visible exchange rate often looks competitive, but hidden spreads and transfer charges can quietly erode your amount. Here’s a step-by-step approach to minimize what you lose in the process.

1. Identify the mid-market rate first. Check Wise or XE.com to see the actual interbank rate before any provider adds their margin. This becomes your baseline for comparison.
2. Calculate the true cost. Take the offered rate, multiply by your CAD amount, and compare the VND you would receive against what the mid-market rate would yield. The difference reveals the hidden spread.
3. Choose a low-margin provider. Wise, Remitly’s promotional rate for first-time users, and OFX typically offer the most competitive rates for CAD to VND transfers. Instarem also competes closely.
4. Consider transfer speed vs. cost. Bank transfers through OFX may take 1–2 business days but often come with lower fees than instant transfers through Revolut for larger amounts.
5. For in-person conversion. If you need cash, use a multi-currency account to withdraw from Vietnamese ATMs rather than carrying pre-exchanged dong, which may have degraded in quality and condition.

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Frequently asked questions

Summary

For Canadian travelers and those sending money to Vietnam, the current CAD to VND rate presents both a challenge and an opportunity. The loonie’s weakness against the dong reflects broader macroeconomic trends — strong USD, oil’s diminishing influence on CAD, and Vietnam’s managed currency adjustments — that are unlikely to shift dramatically in the near term. The practical answer is straightforward: use digital transfer services with transparent mid-market rates, avoid airport exchanges for significant amounts, and think in dong rather than trying to convert prices back to Canadian dollars. For travelers who plan their currency strategy ahead, even a modest 1% improvement in the conversion rate translates to tens of thousands of additional dong in their pockets during a two-week trip.