Vietnam Currency Notes
The dong has been the vietnamese currency since 1978. The lowest value of bank note in vietnam at present is vnd 500 around 25 cents and the highest value is vnd 500000 around us25.
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Vnd 10000 is the smallest bill youll find on the street these days coins of as low as vnd 200 have long been phased out with the upper limit hit by the vnd 500000 bill.
Vietnam currency notes. Vietnam dong notes start in 500vnd and the biggest note is 500000vnd all of them have ho chi minh national idol face printed on the back part. Each of these currencies features ho chi minh on the obverse and a different reverse. The latest version of vietnamese currency is all polymer and was presented in 2003 by the vietnamese central bank.
The currency code for dongs is vnd and the currency symbol is. My first visit to vietnam was in 2005 when the dong was worth 15000. You can use the website of vietcombank to see the daily exchange rate.
There are two types of bank notes in vietnam both cotton and polymer with various values and designs currently in c. At that point us dollars were still circulating as an alternative currency. It is also the least valued currency in the world no longer the zimbabwean dollar with usd100 equaling to approximately vnd22800.
The u s dollar preferably crisp clean bills is widely accepted among major shops and. Formerly it was subdivided into 10 hao which were further subdivided into 10 xu neither of which are now used. Issued by the state bank of vietnam it is represented by the symbol.
The currency symbol is. The vietnamese dong was established by the state bank of vietnam located in hanoi on may 3rd of 1978 and is represented by the abbreviation vnd. Since 2012 the use of coins has decreased greatly and since 2014 coins are generally not accepted in retail but will still be accepted in some but not all banks.
If youve had dreams of ever being a millionaire vietnam is where you realize. The official currency in vietnam is dong. Curiosities regarding vietnam dong vietnamese dong notes almost all the currency are notes.
You can also subscribe to our currency newsletters with daily rates and analysis read the xe currency blog or take vnd rates on the go with our xe currency apps and website. Below youll find vietnamese dong rates and a currency converter. Since may 3 1978 vietnamese dong is the official currency of vietnam although it arrived in different times to north vietnam and south vietnam before the unification of the country.
The dong is non convertible and in october 2015 trades at approximately 22300 to usd. In 2003 vietnam introduced plastic polymer banknotes which was first used by the reserve bank of australia which is now used for notes from 10000 and above. The vietnamese dong vnd vietnams official currency come in polymerized notes with multiple zeroes.
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