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Did the VND revalue? From NightK11 chat


djgabrielie
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I got a call from a friend said he needed verification. NightK11 had a link within the post about the VND... This could be a precursor to the Dinar RV.

So I went to this site,

http://www.bangkokbank.com/Bangkok%20Bank/Pages/main.aspx

Personal Banking Tab - http://www.bangkokbank.com/Bangkok%20Bank/Personal%20Banking/Foreign%20Exchange/Pages/Default.aspx

Exchange Rate Tab - http://www.bangkokbank.com/Bangkok%20Bank/Personal%20Banking/Foreign%20Exchange/FX%20Rates/Pages/Default.aspx

Then Finally to their currency converter - http://www.bangkokbank.com/_layouts/NR/BangkokBankWebApps/WebApp%20Currency%20Exchange2/user_conversion_popup.asp

Plugged in 5,000,000 VND

177,456.55 USD...

Please help me verify this..

Thank You,

==================================================================

==================================================================

Ok, I figure this is what happened ....

If you look at the rate page it states the following:

VND Vietnam (:1000) 1.08 1.63

Their currency calculator did not take this into account and did not divide by 1000.

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Easyrider..this is probably something like we saw with the IQD with obscure banks, right? I am thinking that one of their mulitpliers are off for some reason..

I tried the converter and came up with a 3 cent conversion..wierd.

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Exchange Rate of Currency

OPERATION CENTER

Code Currency Buying Transfer Selling

AUD

AUST.DOLLAR

21,608.56

21,738.99

22,108.66

CAD

CANADIAN DOLLAR

20,975.45

21,165.94

21,525.86

CHF

SWISS FRANCE

22,873.89

23,035.14

23,426.84

EUR

EURO

28,936.26

29,023.33

29,457.89

GBP

BRITISH POUND

32,970.36

33,202.78

33,699.91

HKD

HONGKONG DOLLAR

2,600.86

2,619.19

2,674.41

JPY

JAPANESE YEN

248.01

250.52

255.80

SGD

SINGAPORE DOLLAR

16,292.94

16,407.79

16,753.68

THB

THAI BAHT

664.83

664.83

695.33

USD

US DOLLAR

20,520.00

20,520.00

20,620.00

http://www.vietcombank.com.vn/En/Exchange%20Rate.asp

as of 15/05/2011

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Forex closes on Friday afternoon and reopens on Sunday afternoon.. I believe (not sure about the exact time) about 16:30 CST. If it has RV'd, then we should see something on Sunday afternoon on the FOREX site. I hope it did, cause I also invested a couple of weeks ago in sever mil of the Dong and that should be enough to pay off all of my loans and pending bills, may also be enough for me to build a house up in the woods! GO RV!!!!

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