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- The Vietnamese đồng (VND) is Vietnam’s national currency, managed by the State Bank of Vietnam. Issued in various denominations, the đồng has a unique history, replacing the French Indochinese piastre in 1946. Despite chronic inflation, the đồng remains stable, attributed to Vietnam’s economic transformation.
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The dong (Vietnamese: đồng) (/ d ɒ ŋ /; Vietnamese: [ˀɗɜwŋ͡m˨˩]; sign: ₫ or informally đ in Vietnamese; code: VND) has been the currency of Vietnam since 3 May 1978. [3] [4] It is issued by the State Bank of Vietnam . [5]
- You won’t be able to retire on 1 million Vietnamese đồng. Surpassed only by the Iranian Rial, the Vietnamese đồng is the second-lowest-valued currency in the world.
- Don’t expect to use coins in Vietnam. Once travelers get over the new realities of being a millionaire and that not meaning much, the next big surprise usually comes when they go to make a purchase and realize that coins are rarely used in Vietnamese currency.
- The same man is on every banknote. If you’re used to seeing bills like the United States dollar, New Zealand dollar, Thai baht, or Swiss franc, you’ll expect that every denomination of a national currency is marked by a different historical figure.
- Vietnamese đồng banknotes come in two “families,” based on their material. All Vietnamese currency notes belong to one of two “families.” Banknotes of lesser value form the “cotton” family, and the others are the “polymer” family.
Jun 29, 2023 · Fact checked by. Vikki Velasquez. What Is the VND (Vietnamese Đồng)? The term VND refers to the currency abbreviation for the Vietnamese dồng. The dồng is the national currency for Vietnam, which...
The Vietnamese Dong refers to Vietnam’s official currency and is represented by ISO code VND. The word “dong” implies money in Vietnamese; it means adding the word after a country’s name would refer to any currency.
The current exchange rate of Vietnamese Dong to some other currencies in the world is listed: Choose a currency code, then enter number to convert into Vietnam Dong: Currency: Amount: Result below: 1USD ≈ 24,400 VND. 1AUD ≈ 15,700 VND. 1CAD ≈ 17,700 VND. 1EUR ≈ 26,000 VND. 1GBP ≈ 30,400 VND. 1SGD ≈ 17,800 VND.
Oct 21, 2023 · The official currency of Vietnam is the Vietnamese dong (VND), denoted by the symbol "₫". The term "dong" is derived from the Vietnamese word for copper, which was the material used to make the country's earliest coins. The dong has been the sole legal tender in Vietnam since 1978 and is issued by the State Bank of Vietnam.
Feb 12, 2017 · The dong (đồng) is the currency of Vietnam, and at the time of this post 1 US dollar was equal to 22701.48 Vietnamese dong (VND). The dong has the distinction of being one of the world’s highest denominated currency. The world’s highest denominated banknote (as opposed to the world’s highest-value notes) is the 500,000 dong note.
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