Vietnam is considered to be a country having a cheap travel cost. Thus it attracts a large number of tourists all year round, especially foreigners. If you have never visited Vietnam before, you may be confused about how to use your country’currency in Vietnam. However, to meet all the demand of tourists, money in Vietnam is various with a lot of kinds of currencies to exchange. Here are some useful tips for you to exchange and spend your money wisely when taking a Vietnam tour.

Where to exchange your currency?

When visiting Vietnam, you don’t have to worry about your currency because a lot of foreign currencies can be exchanged in anywhere in Vietnam. Some popular places to exchange your currency into dong are:

Banks: in most cities, there is a large number of banks exchanging dong for US dollars, Euros, British Pounds, Japanese Yen, Thai Baht and Singapore dollars. For each transaction, it will take you about 0.5 to 2 percent for a commission rate.

Gold shops: a lot of gold shops give you a chance to convert your currency into dong. However, it is mostly used for dollar exchange because the dollar is the most widely traded currency in the world in general and Vietnam in particular.

Hotels and motels: like other places, it offers a good deal for you to exchange your money. Especially, if you choose to stay in a hotel or motel, it will be such a convenient way.

How much money should you spend in a day on your Vietnam tours?

Tourists traveling to Vietnam usually spend up to $25 on average a day on food and lodging. As for the luxurious restaurants or hotels, it will cost you about $35-65 per day. To save your money during the trip, you should choose to eat in the street food shops. These places serve plenty of Vietnam specialties that will give you an unforgettable taste. Besides, there is a wide range of mainstream motels and homestays which you could choose to stay instead of luxurious hotels. In fact, these places are equipped with a lot of modern facilities in order to give their customers the most comfortable feeling as in the hotel.

How to spend money wisely?

To save your money during the trip to Vietnam, you have to remember this advice below:

– Don’t mistake over the bill when using any service: the denominations of money in Vietnam are quite similar to one another, which usually leads to some mistaken situations when paying.

– Noticing the amount of money: Vietnamese money today is made of the long-lasting polymer thus they may stick together so tightly that you can not recognize when counting. Therefore, you can overpay for your purchase.

– Avoiding bringing a lot of money with high par value: it is very inconvenient if you buy some cheap things and the seller doesn’t have enough money to give back.