USD exchange rate today 04/01/2025: The future of the USD is bleak

The greenback fell as traders weighed tough tariffs that US President Donald Trump is expected to announce this week.

USD exchange rate today 04/01/2025

At the time of survey at 4:00 a.m. on April 1, the central exchange rate at the State Bank was currently 24,837 VND/USD, down 6 VND compared to yesterday's trading session.

Specifically, at Vietcombank, the USD exchange rate is 25,350 - 25,740 VND/USD, down 20 VND in both directions, compared to yesterday's trading session.

VietBank is buying USD cash at the lowest price: 1 USD = 23,630 VND

VietBank is buying USD transfers at the lowest price: 1 USD = 23,630 VND

PVcomBank is buying USD cash at the highest price: 1 USD = 25,505 VND

VietinBank is buying USD transfers at the highest price: 1 USD = 25,723 VND

ABBank is selling USD cash at the lowest price: 1 USD = 25,680 VND

VietBank is selling USD transfers at the lowest price: 1 USD = 25,600 VND

PVcomBank is selling USD cash at the highest price: 1 USD = 26,075 VND

LPBank and OceanBank are selling USD transfers at the highest price: 1 USD = 25,900 VND

USD exchange rate at some banks today. Source Webgia.com

1. Agribank - Updated: April 1, 2025 04:00 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25,380	25,400	25,740
EUR	EUR	27,139	27,248	28,359
GBP	GBP	32,479	32,609	33,570
HKD	HKD	3,221	3,234	3,341
CHF	CHF	28,478	28,592	29,493
JPY	JPY	167.43	168.10	175.32
AUD	AUD	15,682	15,745	16,265
SGD	SGD	18,718	18,793	19,331
THB	THB	734	737	769
CAD	CAD	17,502	17,572	18,083
NZD	NZD		14,304	14,804
KRW	KRW		16.60	18.29

2. Sacombank - Updated: June 28, 2005 07:16 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25400	25400	25760
AUD	AUD	15635	15735	16303
CAD	CAD	17463	17563	18117
CHF	CHF	28609	28639	29522
CNY	CNY	0	3491.3	0
CZK	CZK	0	1060	0
DKK	DKK	0	3719	0
EUR	EUR	27222	27322	28198
GBP	GBP	32588	32638	33753
HKD	HKD	0	3285	0
JPY	JPY	168.32	168.82	175.37
KHR	KHR	0	6,032	0
KRW	KRW	0	16.9	0
LAK	LAK	0	1.141	0
MYR	MYR	0	5923	0
NOK	NOK	0	2430	0
NZD	NZD	0	14345	0
PHP	PHP	0	416	0
SEK	SEK	0	2515	0
SGD	SGD	18671	18801	19531
THB	THB	0	699.1	0
TWD	TWD	0	765	0
XAU	XAU	9950000	9950000	10180000
XBJ	XBJ	8800000	8800000	10180000

In the "black market", the black market USD exchange rate as of 4:00 a.m. on April 1, 2025 decreased by 25 VND for buying and selling, compared to yesterday's trading session, trading around 25,843 - 25,913 VND/USD.

Black market on April 1, 2025. Photo: Chogia.vn

USD exchange rate today April 1, 2025 on the world market

The Dollar Index (DXY), which measures the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 104.18 - up 0.14 points compared to March 31, 2025.

DXY index developments in recent times. Source: Investing

EUR/USD options trading volume in the over-the-counter (OTC) market increased 104% in January to $852 billion compared to the same period in 2024, according to data from Clarus, a derivatives research company of ION Group.

Complex strategies like digital options and barrier options — contracts that only become effective when a currency hits a certain price threshold — more than doubled for the euro, to $26 billion in January. For the Canadian dollar, that number jumped more than 2,000% to $7.3 billion, according to Clarus data.

At CME Group’s derivatives exchange, trading volume was up 76% year-over-year, with an average of $7 billion in notional value traded electronically each day. CME also recorded a record open interest in foreign exchange options, surpassing 1.2 million contracts on March 5.

Meanwhile, expectations for FX volatility come after volatility measures have fallen since January, partly due to profit-taking and because tariffs have so far not had the impact that markets feared. Volatility measures had spiked following Donald Trump’s victory in last year’s US election.

A gauge of short-term euro volatility has fallen from a near two-year peak set in January, according to LSEG data, creating an attractive entry point for investors looking to hedge against risk.

The drop in volatility has significantly reduced the cost investors need to pay to open new options positions, whether to hedge their portfolios or to speculate on specific scenarios.

Three-month EUR/USD options, at-the-money, are now worth 16% less than they were when Trump took office, according to LSEG data. Similarly, three-month USD/CAD options are down 17%.

With the extent of tariffs still unclear, investors see potential risks ahead, making the recent decline in forex options a positive.

“A lot of market participants still see a lot of risk from unexpected events, which is completely understandable in the current political environment,” Vassallo said, referring to risks that could trigger major market volatility.

USD exchange rate today April 1, 2025. Illustration photo

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

2. Gold and Silver Fine Arts - No. 31 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Store - No. 119 Cau Giay, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company - No. 43 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

5. Toan Thuy Store - No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Hai Ba Trung District, Hanoi

7. Chinh Quang Store - No. 30 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store - No. 47 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

9. Huy Khoi Store - No. 19 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

10. System of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Ho Chi Minh City:

1. Minh Thu Currency Exchange - 22 Nguyen Thai Binh, District 1, HCMC

2. Kim Mai Gold Shop - 84 Cong Quynh, District 1, HCMC

3. Kim Chau Gold Shop - 784 Dien Bien Phu, Ward 10, District 10. Ho Chi Minh City

4. Saigon Jewelry Center - 40-42 Phan Boi Chau, District 1, HCMC

5. Kim Hung foreign currency exchange agency - No. 209 Pham Van Hai, Binh Chanh, Ho Chi Minh City

6. DOJI Jewelry Store - Diamond Plaza Le Duan, 34 Le Duan, Ben Nghe, District 1, HCMC

7. Kim Tam Hai Shop - No. 27 Truong Chinh, Tan Thoi Nhat Ward, District 12, HCMC

8. Bich Thuy Gold Shop - No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, HCMC

9. Ha Tam Gold Shop - No. 2 Nguyen An Ninh, Ben Thanh Ward, District 1, HCMC

10. System of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank

Ngoc Hung

Source: https://congthuong.vn/ty-gia-usd-hom-nay-01042025-tuong-lai-dong-usd-am-dam-380852.html