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Where in Hanoi is the most favorable currency exchange rate?

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The most favorable exchange rate for dollars and euros in Hanoi is in jewelry stores on specialized streets. The rate there is often even higher than the official one. Exchanging money at the airport or the first travel agencies you come across in the tourist area is less profitable.

Best places to exchange:

  • Hang Bac Street (north of Hoan Kiem Lake).
  • Ha Trung Street (west of the lake).

Go into jewelry stores and simply ask if they exchange currency (there are usually no signs). Compare rates in several places. New and old-style dollars, as well as euros, are accepted without problems. Be careful when counting money.

Ha Trung Street β€” here you can exchange money favorably

Be cautious with cashless exchange of rubles via Telegram! It is often less profitable than exchanging through cash dollars, and there is a risk of fraud. Mir cards only work in ATMs and terminals of VRB bank, which are few, and fees for cash withdrawals can be high. For a detailed breakdown of all payment methods, rates, and pitfalls, read our article: All about money in Hanoi.

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💥 Thanks, useful link 😊!

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