VND Index also known as the Trade Weighted Vietnam Dong Index, is a measure of the value of the Vietnamese đồng (VND) relative to majority of Vietnam's most significant trading partners.
In 2009, following regions whose currency has been selected into calculation of VND Index are: United States, China, Japan, Europe, Singapore, Taiwan, and South Korea. Those seven regions are chosen, whose currencies selected into the index, based on the value of their export and import to Vietnam:
The index is computed as the geometric mean of the bilateral exchange rates of the included currencies.
The weight assigned to the value of each currency in the calculation is based on trade data, and is updated annually (the value of the index itself is updated much more frequently than the weightings).
CriteriaEdit
Nominal VND Index: based on nominal exchange rates and calculated on monthly basic.
Real VND Index: based on real exchange rates and calculated on daily basic.
Both real and nominal VND Indexes started 100 point in the beginning of 2009.
index, this, article, does, cite, sources, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, march, 2021, learn, when, remove, this, tem. This article does not cite any sources Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources VND Index news newspapers books scholar JSTOR March 2021 Learn how and when to remove this template message VND Index also known as the Trade Weighted Vietnam Dong Index is a measure of the value of the Vietnamese đồng VND relative to majority of Vietnam s most significant trading partners Contents 1 Methodology 2 Criteria 3 See also 4 External linksMethodology EditIn 2009 following regions whose currency has been selected into calculation of VND Index are United States China Japan Europe Singapore Taiwan and South Korea Those seven regions are chosen whose currencies selected into the index based on the value of their export and import to Vietnam Trading Partner Export bil USD Y08 Import bil USD Y08 IndexUS 12 00 2 60 16 67 EU 10 50 8 20 19 60 JP 8 6 8 2 17 31 CN 4 57 15 60 18 70 TW 1 39 8 3 8 7 SG 2 60 9 35 11 04 KR 1 8 6 87 7 98 SUM 41 46 59 12 100 Source Ministry of Industry amp Trade of Vietnam Woori CBV Securities Corporation The index is computed as the geometric mean of the bilateral exchange rates of the included currencies The weight assigned to the value of each currency in the calculation is based on trade data and is updated annually the value of the index itself is updated much more frequently than the weightings Criteria EditNominal VND Index based on nominal exchange rates and calculated on monthly basic Real VND Index based on real exchange rates and calculated on daily basic Both real and nominal VND Indexes started 100 point in the beginning of 2009 See also EditVietnam Investor Confidence Index Vietnam Consumer Confidence Index Vietnam Securities Indexes Vietnam Bond Indexes Woori CBV Securities CorporationExternal links EditNominal VND Index on Bloomberg website Retrieved from https en wikipedia org w index php title VND Index amp oldid 1098052518, wikipedia, wiki, book, books, library,
