VND – Vietnamese Dong

The dong has been the currency of Vietnam since May 3, 1978. Issued by the State Bank of Vietnam. Vietnamese Dong currency code is VND. You can easily convert here any currency at Merchant Stronghold.

Overview Vietnamese Dong Currency
The history of the Vietnam Dong can be traced back to as early as 1945, when Vietnam just gained independence from the French colony and the new state was established.

In 1946, the Viet Minh government (later to become the government of North Vietnam) introduced their own currency, the đồng, which replaced the French Indochinese piastre at par.

In 1953 banknotes that were denominated in both piastres and đồng were issuedfor the State of Vietnam, which evolved into South Vietnam in 1954.

On September 22, 1975, after the fall of Saigon, the currency in South Vietnam was changed to the liberation đồng, worth 500 old southern dong.

The government’s Second Five-Year Plan (1976–1981) set extraordinarily high goals for annual growth rates in industry, agriculture, and national income and aimed to integrate the North and the South.

Vietnamese Dong Symbol:“₫”
Vietnamese Dong Currency Code:VND
Date of issued:1978
Authority: State Bank of Vietnam
Coin Denominations: 1, 2 and 5 hao, dated from 1976
Banknotes Denominations: 100, 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000, 200,000 y 500,000

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