Vietnamese dong

đồng Việt Nam (Vietnamese)


500,000 đồng	500 đồng

ISO 4217

Code VND

Denominations

Subunit

1/10 hào

1/100 xu
both subunits have been unused in Vietnam for several years

Symbol ₫
U+20AB ₫ DONG SIGN (HTML ₫)

Banknotes 100₫, 200₫, 500₫, 1,000₫, 2,000₫, 5,000₫ (these five - except for 100- are old issue, but still in circulation), 10,000₫, 20,000₫, 50,000₫, 100,000₫, 200,000₫, 500,000₫

Coins 200₫, 500₫, 1000₫, 2000₫, 5000₫ (no longer in use)

Demographics

User(s) Vietnam

Issuance

Central bank

State Bank of Vietnam

Website www.sbv.gov.vn

Valuation

Inflation 4.1%

Source 2014

The đồng (/dɒŋ/; Vietnamese: [ˀɗɜwŋ͡m˨˩]; sign: ₫; code: VND) has been the currency of Vietnam since May 3, 1978. Issued by the State Bank of Vietnam, it is represented by the symbol "₫". Formerly, it was subdivided into 10 hào, which was further subdivided into 10 xu, neither of which is now used.

The word đồng is from the term đồng tiền ("money"), a cognate of the Chinese tóng qián (Traditional Chinese: 銅錢; Simplified Chinese: 铜钱). The term refers to Chinese bronze coins used as currency during the dynastic periods of China and Vietnam. The term hào is a cognate of the Chinese háo (Chinese: 毫), meaning a tenth of a currency unit.

The sign is encoded U+20AB ₫ DONG SIGN (HTML ₫).

In 1946, the Viet Minh government (later to become the government of North Vietnam) introduced its own currency, the đồng, to replace the French Indochinese piastre at par. Two revaluations followed, in 1951 and 1958; the first was at a rate of 100:1, the second at a rate of 1,000:1.

Notes dually denominated in piastres and đồng were issued in 1953 for 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 a "liberation đong" worth 500 old Southern đồng.

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Wikipedia