VND Index also known as the Trade Weighted Vietnam Dong Index, is a measure of the value of the Vietnam Dong (VND) relative to majority of its most significant trading partners.
Contents
History
VND Index is a measure of global strength of Vietnamese Dong relative to currency of Vietnam's major trading partners.
Methodology
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:
Criteria
Both real and nominal VND Indexes started 100 point in the beginning of 2009.
References
VND Index Wikipedia(Text) CC BY-SA