Nowadays, Vietnamese money has cotton-paper and polymer notes that are the two types of banknotes being circulated in Vietnam. The dong is the official currency in Vietnam, although it arrived in different times to North Vietnam and South Vietnam, before the unification of the country. It is actually crucial for your Vietnam tours to rural destinations, so you’d better grab a specific amount of knowledge about the Vietnamese currency. Please check the correct exchange rate here. The dong comes in these denominations: 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000 and 200,000. The currency symbol is ₫. After Vietnam was reunified, the đồng was also unified, on May 3, 1978. That also means, in some situations, you cannot buy goods when you do not have enough 1,000 VND. This is a Currency Gallery page and some, most or even all of the banknotes displayed above on this page may not be available to purchase or to photograph. These notes are in a variety of denominations, each from its country of origin. Since 2003, the Vietnamese government has issued this par value on both dark blue cotton papers and metal coins. USDVND at 23158.28 is near its 90-DAY average, range 22969.33-23344.60. Paper notes include VND 1.000, VND 2.000, VND 5.000. Although you can not get a sumptuous meal at the restaurant, many dishes have started to appear in the menu with the price equivalent to 100,000 VND for customers to choose. Convert your leftover current Vietnamese Dong banknotes to cash using our hassle-free online exchange service. Therefore, before visiting Vietnam, tourists should learn a little about the exchange rate to ensure that they have prepared enough currency for the trip, avoiding carrying too much or shortening the estimated fund. The U S dollar, preferably crisp clean bills, is widely accepted among major shops and restaurants. You can live comfortably on a budget of 500,000 VND per day! Our currency rankings show that the most popular Viet Nam Dong exchange rate is the VND to USD rate. Tips to know the local habit: When you buy any items, and the excess money is from under 500 VND, you should not wish to get an exchange and request for this quantity.You should ignore them. Vietnam Joint Stock Commercial Bank for Foreign Trade – Vietcombank; Vietnam Joint Stock Commercial Bank for Industry and Trade – Vietinbank; Vietnam Joint Stock Commercial Bank for Investment and Development – BIDV. The Vietnamese currency is the dong (d), which has been pretty stable against hard currencies for many years. However, if you choose a tourist standard restaurant, it will not be easy to find something on the menu costing less than or equal to 50,000 VND, except for some local soft drinks or beer. You should also not pay taxi drivers on short trips in this currency. The converted value at present in Vietnam territory is about 0.43 USD for 10,000 VND. The Vietnamese dong (VND), Vietnam’s official currency, come in polymerized and cotton notes with multiple zeroes: VND 10,000 is the smallest polymer bill you'll find on the street these days, however, there are still cotton 1000, 2000, and 5,000 bills in circulation. The 500,000 VND is the biggest note in Vietnam, adding up to just over 20 USD. Like other denominated coins, a 1,000 VND coin is not suitable for Vietnamese usage habits, so it is very uncommon. We comply with... Our website uses non-invasive cookies to improve your experience. Many prices for hotels, tours, or other services are presented in US dollars. Manor House Lane, Both sides of the banknote are printed in par value of 100,000 in numbers and words quite clearly. Country: South Vietnam Denomination: 500 dong Price: $6.00 Catalog #: 33a Product ID: 17095222 Year: {1972} Grade: VF (Very Fine Other Info: Beautiful, popular older note, circa late Vietnam War era. Now we will check one-by-one types of notes of Vietnese dong. In Vietnam, it is feasible to have a relatively full lunch for 50,000 VND. But, it is also certain that it will be one of exciting experiences with your trip to visit beautiful places in Vietnam. More Vietnamese Dong info > Yes. Most establishments quote prices in dong, with some (mainly luxury hotels) giving US dollar rates. The Vietnamese dong is the major currency used in Vietnam. The official currency of Vietnam is the dong, which can be found only in notes ranging from 200 VND to 500,000 VND. Since 2003, the government has released more polymer notes, zinc coins (metal coins) and cotton-paper money notes. The exchange rate currently hovers around 20-21 000 Vietnamese dong for $1 USD and everything else fluctuates relative to that. The higher value Vietnamese Dong notes are in the plastic polymer, and the highest value is VND 500,000, which is about USD … Regarding South Vietnam in 1953 banknotes of piastras and dongs were printed and on the 22 nd September 1975, after the fall of Saigon, the currency of this region was replaced by the new dong. If you are looking to purchase Vietnamese banknotes, then please visit our Store. Each of these currencies features Ho Chi Minh on the obverse and a different reverse design based on the culture of Vietnam. Issued by the State Bank of Vietnam, it has the symbol ₫ and is subdivided into 10 hào. All banknotes are packed in transparent bags which can be easily separated from the card. https://theculturetrip.com/asia/vietnam/articles/a-guide-to-vietnams-banknotes In addition to the current Vietnamese Dong banknotes made of polymer, we also exchange the withdrawn Vietnamese Dong banknotes made of paper, as well as Vietnamese Dong coins. In particular, if you have to use money in dim lighting or a hurry, you need to be careful because it’s a pity if you pay a beer costing 20,000 VND for 500,000 VND without getting back the excess. I occasionally get 500 dong notes from the supermarket, but the most common small note is 1000, which is .044 cents (it’s the nickel of Vietnamese currency, but in note form). In our latest Vietnam travel information and tips, we bring you the guide on the official currency in Vietnam, which is the Vietnam Dong.When planning a trip to Vietnam, there two types of distinctive Vietnam Dong (VND) bank notes to remember: paper and polymer. Vietnam runs on two currencies: Vietnamese dong and US dollars. Now we will check one-by-one types of notes of Vietnese dong. USD is accepted every where in Vietnam, but you should have some VND for small payments or for use in the countryside (where USD rate is always lower than in big cities).In general, USD is handy to pay for hotels, shopping, but VND is more handy to pay for food, transport, small shopping, ect. 500,000 VND Fun facts and tips about Vietnamese Currency 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. The notes … Vietnamese Currency Denominations. Maybe you need to prepare a lot of things like clothes, shoes, and some options for the perfect journey. However, some believe that it is relatively similar to the polymer banknote of 200,000 VND. The currency code for Dongs is VND, and the currency symbol is ₫. Vietnamese currency including 500,000, 200,000, 100,000 and 20,000 Dong notes all featuring the smiling face of Ho Chi Minh. In Vietnamese writing are written as Đồng.The currency, or rather, banknotes are issued by the equivalent to the Bank of Spain, the Vietnamese State Bank. Until now, the par value of 5,000 Dong is only popular with the notes of cotton-paper material. More info on Vietnamese dong. History of Vietnam's currency The Vietnamese Dong is the currency of Vietnam since May 3, 1978, the abbreviation is VND and its symbol is ₫. Currency in Vietnam How does the currency of Vietnam look like? This par value is made from two types of purple cotton paper and metal coins. A brief monetary history: French Indochina currency, till 1954 South Vietnam Dong = (Piastre) = 100 Xu, 1954-1975 National Dong = (500 South Vietnam Dong), 1975-1978 Vietnam Dong = (0.80 National Dong) = 100 Xu, from 1978 For earlier issues see: Therefore, if your vacation falls on a Vietnamese weekend, you need to prepare in advance. In Vietnam, the foreign exchange rate also changes up and down according to the market and the general fluctuations of the world situation. When planning a trip to Vietnam, there two types of distinctive Vietnam Dong (VND) bank notes to remember: paper and polymer. But, it is better to tip some short service or easy help from 10,000VND = 0,43 USD. Before 2003, there existed only money in Vietnam made from cotton paper with par value from 100 VND to 100,000 VND. Therefore, to be sure to avoid unintended troubles such as too low exchange rates, illegal exchange of foreign currencies of business establishments, losing high fees and unreasonable fees, visitors should choose to go to banks or bank branches to change foreign money into Vietnam Dong. However, these fluctuations are always within a specific range allowed by the government. 100,000 dong = 4.3 USD is also enough for visitors to experience 30 minutes of foot massage or enjoy shampoo and manicure service in Vietnam. Although it’s still minimal value, only equivalent to about 0.23 USD, you may ask the seller to return it to you. The Vietnamese dong has only been the official currency of Vietnam since 1978, when North and South Vietnam reunified. or Best Offer. The editorial staff of Vietnamdrive is a team of travel experts managed by Mr. Thom who has worked in tourism for 14 years. In Vietnamese a “d” with a strike through it (đ) is a hard d, while a regular d is soft, sounding like y or z, depending on which pronunciation of Vietnamese you use. Note that Vietnamese people don’t use coins. The dong comes in denominations of 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000 and 200,000, each a different color. The State Bank of Vietnam started issuing these 200000 Vietnamese Dong banknotes in 2006. Vietnamese Dong or US Dollars? $78.88. The Vietnamese dong is the major currency used in Vietnam. The payment is encrypted and transmitted securely with an SSL protocol. It includes a wide range of options, such as popular rice dishes, pho, and noodles with one small drink or water sold in small local eateries. Isolated on a white backg ID: HW2Y38 (RF) Various notes and denominations of Vietnamese Dong, the local currency of Vietnam, Asia Thus, sellers sometimes can give you a small candy instead of this little excess money. Many prices for hotels, tours, or other services are presented in US dollars. Like all other Vietnamese banknotes it features the portrait of revolu... Vietnam’s 200,000 dong bill shows one of the most famous landmarks in South East Asia: Ha Long Bay, with its typical limestone karsts and traditional junk... Like all other polymer Vietnamese banknotes, the green-coloured 100,000 dong bill features the portrait of revolutionary leader Ho Chi Minh on the front side. Hi you, I think you should convert Sterling into both VND and USD! Treasury Threshold 2: Net purchases of foreign currency totaling at least 2 percent of GDP over 12 months. The Dong is non-convertible and in October 2015 trades at approximately 22,300 to USD. Get paid fast for your unused currency from Vietnam. Vietnam runs on two currencies: Vietnamese dong and US dollars. This is a banknote easily confused with much lower denominations: 20,000 VND. So, you need to pay attention to these things. If you happen to have damaged banknotes, you can go to a bank and exchange them for new ones for a nominal fee.-Spend all your dong or exchange them into your home currency before you leave the country. There is a very common question: what is the best currency to use in Vietnam? It’s quite easy for you to distinguish it from other polymer denominations. VND Vietnamese Dong Country Vietnam Region Asia Sub-Unit 1 đồng = 10 hào Symbol ₫ The Vietnamese Dong, or đồng, has been the currency of Vietnam since 1978. Only 200 VND is nearly no value to use in Vietnam. The most commonly used notes in Vietnamese dong are 100₫, 200₫, 500₫, 1,000₫, 2,000₫, 5,000₫. The current banknotes in use in Vietnam are made of polymer and all have the portrait of revolutionary leader Ho Chi Minh. Trusted by thousands of tourists from all over the world. The official currency used in Vietnam is the Vietnam Dong (VND). The official currency in Vietnam is the Vietnamese “Dong” or in the shorter way, Dong. The current banknotes in use in Vietnam are made of polymer and all have the portrait of revolutionary leader Ho Chi Minh. Thousands of new, high-quality pictures added every day. Vietnamese Dong notes come in the following denominations: From 500,000 dong to 10,000 dong, all current Vietnamese Dong feature the text “Ngân hàng Nhà nước Việt Nam”, meaning State Bank of Vietnam. Despite the government's push to get away from using foreign currency, US dollars are still used in some instances. With 100,000 VND, what can you buy in Vietnam? So, if you are still not used to using Vietnamese currency, please pay a little attention to the number that is printed quite clearly on each note. In Vietnam, the government regulates the exchange of foreign currencies to be conducted only at licensed establishments. Laos -1988-2011 (~84 notes total). If you want to opt out. And, buyers should do not think the salespeople are not faithful. We exchange both coins and banknotes. A deep dive on Vietnamese dong. Can I trust you to pay me for the leftover currency and coins I send? Vietnam’s 200,000 dong bill shows one of the most famous landmarks in South East Asia: Ha Long Bay, with its typical limestone karsts and traditional junk ship, pictured on … The smallest note I have seen in circulation is the 200 dong note. From 500,000 dong to 10,000 dong, all current Vietnamese Dong feature the text “Ngân hàng Nhà nước Việt Nam”, meaning State Bank of Vietnam. Here are the good banks in Vietnam to exchange your money into VND: However, you will not be able to find any of these banks that operates on Saturdays and Sundays. You can start buying a small piece of candy with 1,000 VND. The currency code for Dongs is VND, and the currency symbol is ₫. 50,000 Dong is a polymer coin with purple-brown color, size 140mm x 65mm. You can live comfortably on a budget of 500,000 VND per day! The Dong is non-convertible and in October 2015 trades at approximately 22,300 to USD. 2,000 Dong appears on two kinds of material: dark brown cotton paper and metal coin. At the same time, the face value of the currency is now issued from 100 VND to 500,000 VND. BUY Vietnamese … The current converted value is equivalent to about 21.4 USD. Vietnam's managed currency, the dong, continues to face downward pressure due to a persistent trade imbalance, and, since 2008, the government devalued it by 20% through a series of small devaluations. 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