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Selling dong on the black market - Hanoi Answers

Selling dong on the black market

I need a couple thousand US dollars for a trip I am making outside of Vietnam in a less then a week. The gold shop on the corner of Hoan Kiem will sell me USD for 16,900vnd. Compared to changing dong at ANZ this seems like a decent deal. But it seems too straight forward. Is there a hidden risk or disadvantage to buying USD from them?

Jeff posted about 19 months ago to Other. Viewed 479 times. Answered 5 times.

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Answers

answered about 19 months ago by Ouriel

For me the biggest risk is that the notes are counterfeit.

answered about 19 months ago by virezo

Yes, there might be a risk depends on what shop you want to buy USD from. Some are very reliable, some not.
What's the name of the shop you visited?

answered about 19 months ago by PhilippeP

No the risk is limited and anyway if you get some counterfeit money you can always use it. I cannot make a different between fake and not and I am sure I got some but never had any problem from someone telling me that I carried counterfeit dollars, actually the rate yesterday was 16,780 so the most reputable place is close to the hang da market I do not have th street name with me but it is a small street in angle where they sells as well motorbikes seats you will find the shop there.

answered about 19 months ago by loominpapa

The gold shop right next to Victory CD/DVD shop on Hang Bac has always been good to me in the past. He always seems to have Dollars and Bhat, maybe other currencies too.

answered about 19 months ago by Jeff

Thanks for all the answers. I went to Kim Linh shop at 67 Hang Bac and was reassured to find the 2nd floor exchange packed with Hanoians changing dong in all directions.

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