100 SGD to VND Today: Rate, Black Market & What It Buys

If you’re checking how much 100 Singapore dollars is worth in Vietnamese đồng, you’ve probably noticed that the number changes depending on where you look. That’s because banks, online platforms, and unofficial money changers all apply different spreads.

100 SGD to VND mid-market rate (XE): 2,049,269 VND ·
100 SGD to VND (Wise): 2,030,820 VND ·
Average SGD/VND rate (last 12 months): 20,464 VND per 1 SGD ·
Highest recorded SGD/VND rate: 20,590 VND per 1 SGD ·
100 USD to VND mid-market: 2,540,000 VND

What is 100 SGD to VND Today?

Mid-market rate vs. bank rate vs. black market rate

The mid-market rate — the wholesale rate banks use among themselves — is the fairest number to anchor on. As of the most recent data, XE, a currency data provider shows 1 SGD = 20,492.69 VND, making 100 SGD worth 2,049,269 VND. Meanwhile, Wise, a digital money transfer service quotes 20,308 per SGD, so 100 SGD comes to 2,030,820 VND — about 0.9% lower. Other platforms fall in between: OFX, a foreign exchange broker shows 20,473 per SGD, while Pluang, a currency tool gives 20,486.

Retail banks in both Singapore and Vietnam typically add a 1-3% markup on top of the mid-market rate for cash conversions or wire transfers. That means if you walk into a bank in Singapore, 100 SGD might get you closer to 1,990,000 VND after fees. On the black market — which exists in many Vietnamese cities like Ho Chi Minh City and Hanoi — rates can swing 1-5% above or below the mid-market depending on demand, location, and time of day. However, verifiable black-market quotes are essentially nonexistent in official sources, so treat any posted number with caution.

How to convert 100 SGD to VND

• Online transfer services (Wise, Revolut, XE): These offer near-mid-market rates with a transparent fee. $100 SGD via Wise lands at about 2,030,820 VND according to Wise’s live rate.
• Banks in Singapore (DBS, OCBC, UOB): They mark up the rate 2-3%. Your 100 SGD becomes closer to 1,980,000–2,000,000 VND.
• Money changers in Vietnam (e.g., Ha Tam, Tan Tan in HCMC): These can offer better than bank rates, but the spread is not fixed. CashChanger, a rate aggregator shows a rate of roughly 20,000 per SGD for walk-in exchanges.
• Black market (informal street changers): Not verifiable via any published source; rates are negotiated on the spot.

The spread among current quoted sources is roughly from 20,112 to 20,486 VND per SGD, as Revolut, a digital banking app shows 20,112 while Pluang shows 20,486. The exact “today” value depends entirely on your provider.

Is $100 a Lot of Money in Vietnam?

Cost of living for a local vs. tourist

The average monthly salary in Vietnam is 7-10 million VND, or roughly $300, according to the World Bank’s Vietnam Country Overview. That makes 100 SGD — about 2 million VND — nearly a week’s income for the median worker. For a local living in a city like Hanoi or Ho Chi Minh City, that sum covers roughly one week’s rent for a modest apartment in a district outside the center.

For a tourist, 100 SGD covers about 10-15 meals at local restaurants (like phở at 40,000-60,000 VND a bowl) or a few days in a mid-range hotel. The difference in purchasing power is stark: what feels like pocket change in Singapore goes a long way in Vietnam’s domestic economy.

What 100 USD or SGD buys in Vietnam

At the current mid-market rate, 100 USD converts to about 2,540,000 VND (using a rate of 25,400 per USD). That’s more than a week’s groceries for a family of three. Meanwhile, 100 SGD at 2,049,269 VND buys:

• One month of basic groceries for one person (rice, vegetables, eggs, fish)
• 10-15 liters of premium fuel for a motorbike
• Two weeks of public transport in Ho Chi Minh City
• Three dinner-for-two meals at a mid-tier restaurant

The trade-off: In Singapore, 100 SGD barely covers dinner for two at a mid-range restaurant. In Vietnam, it’s a meaningful amount of money — but not life-changing.

Why Is the Vietnamese Dong So Weak?

Factors behind VND weakness

The Vietnamese đồng has weakened steadily against the Singapore dollar over the past decade. XE, a currency data provider records the rate at about 17,500 in 2020, rising to over 20,400 by 2025. Several structural factors explain why:

• Inflation: Vietnam’s inflation rate hit 3.5% in 2024, per the General Statistics Office of Vietnam, the national statistical authority. This erodes VND purchasing power relative to Singapore’s low-inflation environment.
• Trade deficit: Vietnam imports more than it exports in value terms, creating net demand for foreign currency like SGD and USD.
• Low foreign reserves: The State Bank of Vietnam holds relatively low foreign-exchange reserves compared to other emerging markets, limiting its ability to defend the dong.
• SGD strength: The Singapore dollar is a reserve currency rated AAA by major agencies, backed by a high-savings economy and strong reserves.

The pattern: As long as Vietnam’s import bill exceeds its export earnings and inflation remains higher than Singapore’s, the VND will likely continue its gradual depreciation against SGD.

Comparison to SGD

The contrast between the two currencies reveals why the gap persists.

The catch: The SGD is a fortress currency in a high-income economy, while VND is an emerging-market currency fighting structural inflation. The recent peak of 20,590 per SGD in 2024 reflects this divergence, and analysts see no near-term catalyst for reversal.

What Was the Highest SGD to VND Rate Ever?

Historical peak and trend

The highest recorded SGD/VND rate occurred in 2024, when the pair briefly touched 20,590 VND per 1 SGD, according to XE’s historical data. That means 100 SGD would have fetched around 2,059,000 VND — roughly 10,000 VND more than today’s mid-market.

The trend has been one-directional: from roughly 17,500 in 2020 to 18,000 in 2022, then accelerating through 2024 to the peak. The current level around 20,492 is only slightly off the all-time high, suggesting sustained SGD strength rather than a temporary spike.

Why this matters for you: If you’re sending money from Singapore to Vietnam, the rate today is historically favorable. A 100 SGD transfer in 2020 was worth about 1,750,000 VND. Today it’s worth about 300,000 VND more — a 17% increase in real purchasing power.

How Much Is $200,000 VND in Dollars?

Quick conversions

At the mid-market rate of approximately 25,400 VND per USD (as of most recent data), 200,000 VND converts to about $7.87 USD. That’s roughly the cost of a bowl of phở in a local market.

The pattern: Even a modest sum like 200,000 VND — less than the price of a cup of coffee in Singapore — buys a full meal in Vietnam. The asymmetry is a reminder that currency conversion doesn’t capture real-world purchasing power.

Bidirectional rate math

To convert any VND amount to SGD at the current rate (20,492 VND per SGD), divide by 20,492. For example, 200,000 VND / 20,492 = 9.76 SGD. The math works both ways, but the real-world spread means you’ll get slightly less when actually converting cash or sending money online.

The trade-off: Using a service like Wise costs a transparent fee but gives near-mid-market rates. Banks and ATM operators often add 2-3% plus a fixed fee, eating into the exchange benefit. For a 200,000 VND equivalent ($10 SGD), the difference is trivial — but for frequent or larger transfers, it adds up.

Related reading: SGD to RMB: Live Rate, Why It’s Changing & Forecast Today

Frequently asked questions

For a Vietnamese family receiving remittances from a relative in Singapore, the choice is clear: use an online service like Wise to capture the near-mid-market rate, or lose 200,000-300,000 VND per 100 SGD transfer to bank fees. That’s the difference between covering a week’s groceries or not.