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Vietnam Workers: Weak Won Means 2 Million VND LESS (What to Do)

Vietnam Workers: Weak Won Means 2 Million VND LESS (What to Do)

Anh chị em người Việt ơi! (Vietnamese brothers and sisters!)

The Korean won just hit 1519 per dollar. This is bad news for sending money to Vietnam.

Let me show you exactly what this Vietnam remittance weak won situation means—your family receives LESS money, not more.

📌 Quick Answer: At 1519 rate, sending ₩1,000,000 gives your family only 16,447,000 VND. At strong won (1350), they would get 18,519,000 VND. That's 2,072,000 VND LESS—almost 2 weeks of groceries.

💡 Related Guides:


📊 What Weak Won Means for Vietnam Remittance

Let's understand the Vietnam remittance weak won impact:

How Your Money Converts

KRW (Your salary) → USD (Middle step) → VND (Family receives)

Current vs Strong Won

Rate₩1,000,000 BecomesFamily Gets (VND)
Strong won (1350)$74118,519,000 VND
Normal (1400)$71417,857,000 VND
Weak won (1519)$65816,447,000 VND

Your family loses 2,072,000 VND at current weak rate.


💰 Real Impact: How Much Your Family Loses

By Amount Sent

You SendStrong Won (1350)NOW (1519)Family LOSES
₩500,0009,259,000 VND8,224,000 VND-1,035,000 VND
₩1,000,00018,519,000 VND16,447,000 VND-2,072,000 VND
₩1,500,00027,778,000 VND24,671,000 VND-3,107,000 VND
₩2,000,00037,037,000 VND32,895,000 VND-4,142,000 VND

Monthly Impact

If you send ₩2,000,000 per month:

  • Lost per month: 4,142,000 VND
  • Lost over 6 months: 24,852,000 VND

That's almost 25 million VND lost in 6 months if rates don't improve.


🏠 What 2 Million VND Means for Your Family

2,000,000 VND (Monthly Loss per ₩1M) Can Buy:

ItemCostHow Much
Rice (10kg)180,000 VND11 bags
Cooking oil (1L)45,000 VND44 bottles
Eggs (30)55,000 VND36 trays
Electricity bill300,000 VND6-7 months
Mobile top-up50,000 VND40 times
School lunch30,000 VND66 meals

2 million VND = 2 weeks of family groceries lost.


🎯 Smart Strategy for Vietnam Workers

Here's how to handle the Vietnam remittance weak won situation:

Strategy 1: Send Urgent, Save Extra

Money TypeActionExample
Rent, food, medicineSend now₩1,200,000
Regular monthly supportSend now₩500,000
Extra savingsKeep in Korea₩300,000

Why: Family gets what they need. Extra money waits for better rate.

Strategy 2: Compare Services Every Time

At weak rate, service choice matters more:

ServiceFamily Gets (per ₩1M)Difference
Best service16,500,000 VNDBaseline
Worst service16,200,000 VND-300,000 VND

300,000 VND difference just from choosing wrong service!

→ Always compare on RemitBuddy

Strategy 3: Timing Around Vietnamese Holidays

Plan your remittance around family needs:

Event2026 DateAction
TếtJan 29-Feb 2Send by Jan 20 (banks close)
Reunification DayApr 30Send by Apr 25
Mid-AutumnSep 21Send by Sep 15

Tết is most important: Send before Jan 20, even if rate is bad. Family needs money for Tết.


📱 MoMo Strategy for Vietnam

Most Vietnamese families use MoMo. Here's how it works:

Sending to MoMo

You cannot send directly to MoMo from Korea. The process:

Your remittance app → Vietnam bank account → MoMo wallet

Step by Step

  1. Choose service (Hanpass, E9Pay, Gmoneytrans)
  2. Send to family's bank (Vietcombank, BIDV, Techcombank)
  3. Family transfers from bank to MoMo (instant, free)

Tell Your Family

If their bank isn't linked to MoMo:

  1. Open MoMo app
  2. Go to "Ví của tôi" (My Wallet)
  3. Select "Liên kết ngân hàng" (Link Bank)
  4. Add their bank account
  5. Now bank deposits appear in MoMo

📞 What to Tell Your Family

Share this with your family in Vietnamese:

Message to send:

"Anh/chị ơi, tỷ giá won đang yếu (1519 won = 1 đô la). Nghĩa là tiền gửi về ít hơn bình thường—khoảng 2 triệu đồng ít hơn mỗi 1 triệu won. Đây là tình trạng tạm thời, khoảng 4-6 tháng có thể sẽ tốt hơn. Em vẫn gửi tiền cần thiết, còn tiền dư em để dành đợi tỷ giá tốt hơn rồi gửi thêm."

Translation: "The won exchange rate is weak (1519 won = 1 dollar). This means remittance is less than normal—about 2 million VND less per 1 million won. This is temporary, about 4-6 months it may improve. I'll still send necessary money, and save the extra to send when rates are better."


📊 Rate Monitoring for Vietnam

Your Target Rates

RateStatusAction
Below 1,350🟢 ExcellentSend everything you can
1,350-1,400🟢 GoodSend regular + saved
1,400-1,450🟡 NormalSend regular amount
1,450-1,500🟠 PoorSend minimum needed
Above 1,500🔴 Bad (now)Send urgent only, save rest

When Will Rate Improve?

Nobody knows exactly. Historical pattern:

  • Weak periods usually last 4-6 months
  • Rate tends to recover to 1,400-1,450 range

❓ FAQ

How does weak won affect Vietnam remittance?

When the Vietnam remittance weak won rate is high (1519), your Korean salary buys fewer dollars, which means fewer VND for your family. At 1519 vs 1350, your family gets about 11% less VND—that's over 2 million VND less per 1 million won.

Should I send money to Vietnam now or wait?

For urgent family needs (rent, food, medicine, Tết), send now. For non-urgent amounts, consider saving in Korea until rates improve below 1,450.

Which app gives best rate for Vietnam?

Rates change daily. Generally Gmoneytrans offers competitive Vietnam rates, followed by Hanpass and E9Pay. Always compare on RemitBuddy.

Can I send directly to MoMo from Korea?

No. Send to a Vietnamese bank account, and your family transfers to MoMo (instant and free). Make sure their bank is linked to MoMo.

How much less does my family get during weak won?

For ₩1,000,000:

  • Strong won (1350): 18,519,000 VND
  • Weak won (1519): 16,447,000 VND
  • Difference: 2,072,000 VND less

✅ Summary: Action Plan for Vietnam Workers

PriorityAction
1Understand: weak won = family gets LESS
2Send urgent amounts now (rent, food, Tết)
3Save extra in Korea until rate improves
4Compare services on RemitBuddy
5Tell family about the situation

Key Numbers

MetricValue
Current rate1,519 KRW/USD
Target rateBelow 1,420
Loss per ₩1M2,072,000 VND
Expected recovery4-6 months

The Vietnam remittance weak won situation hurts, but smart strategy minimizes the damage.

Compare rates now →



Compare Vietnam remittance rates at RemitBuddy

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Curious about transfer costs?

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