Traveling to Vietnam’s coastal gem, Da Nang, is an exciting experience. With its mix of modern infrastructure, breathtaking beaches, and cultural landmarks, Da Nang attracts millions of tourists every year. However, before you dive into your adventures, one practical question arises: where to exchange currency safely in Da Nang?

Currency exchange is not only about getting Vietnamese Dong (VND) at the right rate but also ensuring your transactions are legal, secure, and free from unnecessary risks. In this article, we’ll provide a comprehensive guide to reputable places in Da Nang for exchanging money, common mistakes to avoid, and insider tips to make sure you get the best value for your cash.

Why choosing the right place to exchange money matters

When visiting Da Nang, you’ll need Vietnamese Dong for taxis, street food, shopping, and other daily expenses. While credit cards are increasingly accepted in hotels and restaurants, cash remains king in local markets and smaller shops.

If you don’t pay attention to where to exchange currency safely, you might face several issues:

• Unfavorable exchange rates: Losing money because of poor conversion rates.

• Hidden fees: Extra charges that reduce the amount of money you receive.

• Counterfeit bills: A risk when exchanging money at unauthorized locations.

• Legal problems: Exchanging currency in the black market is technically illegal in Vietnam.

For these reasons, finding a trusted place to exchange currency in Da Nang is essential for a worry-free trip.

Where to exchange currency safely in Da Nang

Banks in Da Nang – The safest and most reliable option

Banks are the most secure places when considering where to exchange currency safely. In Da Nang, you can find many local and international banks with branches throughout the city.

Some reputable banks include:

• Vietcombank

• BIDV (Bank for Investment and Development of Vietnam)

• VietinBank

• Agribank

• ACB (Asia Commercial Bank)

Advantages of exchanging at banks:

• Transparent and legal transactions.

• Reliable exchange rates, usually displayed clearly.

• No risk of counterfeit notes.

Tips when exchanging at banks:

• Bring your passport, as identification is often required.

• Check the bank’s opening hours (usually 8:00 AM – 11:30 AM and 1:00 PM – 4:30 PM, Monday to Friday).

• Some banks may charge a small service fee.

Authorized money changers at Da Nang Airport

For travelers arriving at Da Nang International Airport, there are official money exchange counters inside the terminal. This is convenient for those who need immediate cash upon arrival.

Pros:

• Very convenient location.

• Safe and government-authorized.

Cons:

• Exchange rates are usually not as favorable as banks or city exchange shops.

• Limited operating hours compared to ATMs.

Pro tip: Exchange a small amount at the airport (for taxi or initial expenses) and then look for better rates in the city

Gold and jewelry shops – Popular among locals

In Vietnam, many gold and jewelry shops are authorized to exchange currency. In Da Nang, especially around Han Market or Con Market, you’ll find several reputable jewelry shops offering competitive exchange rates.

Advantages:

• Better rates compared to banks or airport counters.

• Quick and straightforward transactions.

Things to keep in mind:

• Only go to well-known, authorized shops.

• Avoid street vendors or unofficial exchangers.

• Always count your money carefully before leaving.

Hotel front desks

Some large hotels in Da Nang offer money exchange services for their guests. This is extremely convenient, especially if you’re staying in international-standard hotels.

Pros:

• Easy and quick for hotel guests.

• Safe and secure.

Cons:

• Rates may not be as competitive as banks or jewelry shops.

• Sometimes limited to small amounts of money.

This option is best if you need emergency cash without leaving your hotel.

ATMs in Da Nang – A modern solution

If you prefer not to carry large amounts of cash, withdrawing money directly from ATMs is another safe choice. Most ATMs in Da Nang accept international cards such as Visa, MasterCard, and JCB.

Advantages:

• Convenient – ATMs are everywhere.

• Provides direct access to Vietnamese Dong.

Disadvantages:

• Possible withdrawal fees from both Vietnamese banks and your home bank.

• Daily withdrawal limits (usually 2–5 million VND per transaction).

• Exchange rate depends on your bank’s policy.

Buck EXC - A safe currency exchange unit in Da Nang

BUCK EXC is a store that provides fast money transfer and foreign currency exchange services in Danang. Exchange your currency quickly and conveniently. We offer competitive rates and a seamless experience for all your international travel or business needs. 

At Buck Exc, you can exchange currencies from different countries. Our convenient and fast service will surely bring you a great experience during your trips in Da Nang.

Common mistakes to avoid when exchanging currency in Da Nang

Even when you know where to exchange currency safely, there are traps you should avoid:

1. Exchanging at random street vendors: This is risky, illegal, and prone to scams.

2. Not checking the rates beforehand: Always compare rates online or ask for the rate before exchanging.

3. Forgetting to count your cash: Double-check the money before leaving the counter.

4. Exchanging too much at once: Rates may fluctuate, so exchange gradually if possible.

5. Not carrying your passport: Some official exchange services will refuse without proper ID.

Tips for safe and smart currency exchange in Da Nang

• Check the official exchange rate online before you exchange.

• Keep receipts from banks or authorized exchangers – useful for re-exchanging leftover VND before leaving Vietnam.

• Use small denominations (10,000 VND, 20,000 VND, 50,000 VND) for taxis and local shops.

• Avoid nighttime exchanges – stick to business hours for safety.

• Mix cash with digital payments like credit cards or e-wallets (GrabPay, Momo, ZaloPay).

Frequently Asked Questions

1. Is it safe to exchange money at the airport in Da Nang?
Yes, but the rates are less favorable. It’s best to exchange a small amount there and more later in the city.

2. Can I use USD in Da Nang?
Some hotels, tour agencies, and high-end shops accept USD, but most local businesses prefer VND. Always carry local currency for convenience.

3. What currency should I bring to Vietnam?
USD, EUR, and SGD are widely accepted at exchange counters. Bring crisp, undamaged bills for better acceptance.

4. Is using ATMs a good option?
Yes, but watch out for withdrawal fees and limits. It’s a good backup option.

Conclusion

So, where to exchange currency safely in Da Nang? The most reliable options are banks, authorized money changers, and jewelry shops near markets. Hotels and ATMs also provide convenience, though sometimes at the cost of higher fees or lower rates.

By following the tips above and avoiding common mistakes, you can enjoy a stress-free trip to Da Nang, knowing your money exchange is secure, legal, and efficient. Whether you’re exploring the Marble Mountains, relaxing on My Khe Beach, or shopping at Han Market, having local currency in hand will make your experience smoother and more enjoyable.