The denominations of the Vietnamese dong include banknotes in values of 1000, 2000, 5000, 10,000, 20,000, 50,000, 100,000, 200,000, and 500,000. Coins are available in denominations of 200, 500, 1000, 2000, and 5000 dong.
The Vietnamese dong (VND) is the official currency of Vietnam, and it is denoted by the symbol “₫.” The currency is issued by the State Bank of Vietnam, which regulates its circulation. The Vietnamese dong is subdivided into smaller units called “hào” and “xu,” although these subunits are rarely used in daily transactions.
Here is a more detailed breakdown of the denominations of the Vietnamese dong:
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Banknotes:
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1000 dong
- 2000 dong
- 5000 dong
- 10,000 dong
- 20,000 dong
- 50,000 dong
- 100,000 dong
- 200,000 dong
-
500,000 dong
-
Coins:
-
200 dong
- 500 dong
- 1000 dong
- 2000 dong
- 5000 dong
Vietnamese banknotes feature various historical figures, landmarks, and cultural symbols. For example, the 500,000 dong note depicts the Temple of Literature in Hanoi, while the 100,000 dong note showcases a portrait of Ho Chi Minh, the revolutionary leader and former president of Vietnam.
Interesting Facts about the Vietnamese Dong:
- The Vietnamese dong has faced periods of hyperinflation in the past, particularly during the 1980s and early 1990s. Such instability has prompted the government to introduce higher-value banknotes over time to accommodate a growing economy and mitigate inflationary pressures.
- The term “dong” itself originates from the Chinese word “yuan,” which means “round coin.” This historical connection highlights the long-standing cultural and economic ties between Vietnam and China.
- As of January 2022, the Vietnamese dong is considered to be one of the least valuable currencies in the world in terms of exchange rate value against major international currencies. This means that larger denominations are often necessary to transact daily financial activities in Vietnam.
Adding a table:
Here is a table summarizing the denominations of the Vietnamese dong:
Banknotes:
| Denomination | Value (VND) |
|---|---|
| 1000 dong | 1,000 VND |
| 2000 dong | 2,000 VND |
| 5000 dong | 5,000 VND |
| 10,000 dong | 10,000 VND |
| 20,000 dong | 20,000 VND |
| 50,000 dong | 50,000 VND |
| 100,000 dong | 100,000 VND |
| 200,000 dong | 200,000 VND |
| 500,000 dong | 500,000 VND |
Coins:
| Denomination | Value (VND) |
|---|---|
| 200 dong | 200 VND |
| 500 dong | 500 VND |
| 1000 dong | 1,000 VND |
| 2000 dong | 2,000 VND |
| 5000 dong | 5,000 VND |
In the words of Mark Twain, “The lack of money is the root of all evil.” While the Vietnamese dong may be characterized as having lower value compared to other currencies, it plays a vital role in Vietnam’s economic landscape and reflects the country’s rich history and cultural heritage.
Watch related video
This YouTube video provides an overview of the Vietnamese dong, the currency used in Vietnam. The presenter discusses the different denominations of banknotes, highlighting the designs and attractions featured on the back. They also mention the convenience of using Google to search for these attractions. The video briefly touches upon the speaker’s personal experiences with the currency and their favorite denomination. Overall, it serves as an informative introduction to the Vietnamese dong.
Online, I discovered more solutions
Currently, there are banknotes of 100, 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000, 200,000 y 500,000 Vietnamese dongs. Regarding currencies, in 1978 there were aluminium coins in denominations of 1, 2 and 5 hao, dated from 1976. As a consequence of inflation, did not last very long.
I’m sure you will be interested
What are the denominations of Vietnamese currency?
As a response to this: VND, short for the Vietnamese đồng, is often presented with the symbol ₫. It is issued by the State Bank of Vietnam, which issues banknotes in 100, 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000, 200,000, and 500,000 denominations.
Is 500000 dong a lot of money in Vietnam?
The response is: Par value of 500,000 VND
The current converted value is equivalent to about 21.4 USD. This is a banknote easily confused with much lower denominations: 20,000 VND. So, if you are still not good at using Vietnamese currency, you should spend some extra attention when using two par value of 20,000 VND and 500,000 VND.
Does Vietnamese dong have cents?
Vietnamese Dong notes come in the following denominations: 500 000 (~25 USD), 200 000(~10 USD), 100 000 (~5 USD), 50 000(~2.50 USD), 20 000 (~1 USD), 10 000(~50 cents), 5000 (~25 cents), 2000 (~10 cents), 1000 (~5 cents) and 500 (~2.5 cents).
How much is $1 US in Vietnamese dong?
In reply to that: 1 USD = 23,665.846646 VND Jul 04, 2023 02:15 UTC
Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.
How many dongs are there in Vietnam?
The response is: Currently, there are banknotes of 100, 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000, 200,000 y 500,000 Vietnamese dongs. Regarding currencies, in 1978 there were aluminium coins in denominations of 1, 2 and 5 hao, dated from 1976. As a consequence of inflation, did not last very long.
What are the currency denominations in Vietnam?
So before coming here, information about Vietnamese currency denominations is very important for visitors to have an enjoyable and complete trip. The current official currency of Vietnam is dong (symbol: đ) with10 denominations. Travellers coming to Vietnam should know about the denominations along with their value & features to avoid money scams.
What is the currency code for Vietnamese dongs?
The currency code for Dongs is VND, and the currency symbol is ₫. Below, you’ll find Vietnamese Dong rates and a currency converter. Why are you interested in VND?
What is the denomination of Dong?
The reply will be: The major denomination of the dong is 10,000, 20,000, 50,000, 100,000, 200,000, 500,000 in plastic notes. The 10,000 note and the 100,000 note is almost identical to tourists. Please pay extra attention when you are given change.