Be sure to pay the right amount when you make your purchases, and always count your change. Vietnam shares its land borders with China, Laos and Cambodia. High denominated notes are often created for the convenience of storage in personal bags or large payouts. And good advice is given to you that if you have not prepared the Vietnam Dong earlier, you should convert your money into Vietnam Dong immediately before stepping out of the airport, or using any services. However, there are still not too many options for 5,000 VND in Vietnam market. 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. 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. However, it brings a lot of difficulties when a shopper wants to buy some daily necessities. Hi you, I think you should convert Sterling into both VND and USD! Printed on cotton paper, dark brown. Laos -1988-2011 (~84 notes total). This is the smallest denomination of the current 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 Dong is non-convertible and in October 2015 trades at approximately 22,300 to USD. However, the hào is now worth so little that it is no longer issued. Until now, the par value of 5,000 Dong is only popular with the notes of cotton-paper material. Vietnamese Currency Denominations. Thus, you have to use Vietnam Dong if you want to travel here. Get the best deals on Vietnamese Paper Money when you shop the largest online selection at eBay.com. However, coins quickly reveal their weaknesses, such as heavy and hard-to-store, while automated trading machines using coins had not yet been widespread in Vietnam. Of course, with two denominations, the number representing the value of each note is clearly printed on both sides. Currency guide to Vietnam and Vietnamese Dong (VND) rates and money saving tips - Travel Money & Transfers. Make sure the notes you bring and receive are clean and undamaged. In Vietnam, the foreign exchange rate also changes up and down according to the market and the general fluctuations of the world situation. By 2011, the government decided to stop issuing coins even though it is proper to pay in the market. The official currency of Vietnam is the dong, which can be found only in notes ranging from 200 VND to 500,000 VND. Treasury Threshold 2: Net purchases of foreign currency totaling at least 2 percent of GDP over 12 months. 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. Printed on cotton paper, dark brown. The following choice is US dollar which is a widely accepted foreign currency. That also means, in some situations, you cannot buy goods when you do not have enough 1,000 VND. The Vietnamese currency is the dong (d), which has been pretty stable against hard currencies for many years. Get paid fast for your unused currency from Vietnam. Unit 1 Portland Business Centre, 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. $78.88. The Vietnamese dong is the major currency used in Vietnam. Vietnamese currency including 500,000, 200,000, 100,000 and 20,000 notes all featuring the smiling face of Ho Chi Minh. In 1953, the Vietnam branch of the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam issued notes dual denominated in piastre and đồng. In most restaurants in Vietnam, it is hard to order a dish for 20,000 VND. To avoid common scams pay attention on the following paper notes. Convert your leftover current Vietnamese Dong banknotes to cash using our hassle-free online exchange service. The official currency used in Vietnam is the Vietnam Dong (VND). Two revaluations followed, in 1951 and 1959; the first was at a rate of 100:1, the second at a rate of 1,000:1. The currency code for Dongs is VND, and the currency symbol is ₫. The most commonly used notes in Vietnamese dong are 100₫, 200₫, 500₫, 1,000₫, 2,000₫, 5,000₫. It’s time you need to pay attention because this face value is easily confused with a note of 500,000VND, which has many times higher than 20,000VND. Isolated on a white backg With 100 VND, the user definitely cannot buy anything. Over 970 notes. The State Bank of Vietnam started issuing these 200000 Vietnamese Dong banknotes in 2006. Life would be easier if a 500,000 note was a 500, a 200,000 a 200 and so on. 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. In some parts of Vietnam, you can use a 2,000 Dong cotton banknote in exchange for a small bread that doesn’t add anything else or a mint-flavored gum. 1. Note that Vietnamese people don’t use coins. How long does it take for my payment to come through? Put simply, there are too many 0’s —three too many to be exact. There are no longer coins but only paper and polymerized money so it is quite easy to carry around. This helps you avoid having some minor problems when your own currency is not accepted in Vietnam, but you need to buy something right away. 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. The notes come in thousands; 10,000, 20,000, 50,000, 100,000, 200,000 and 500,000. In Vietnam, the government regulates the exchange of foreign currencies to be conducted only at licensed establishments. The VF will still be bright and crisp, with a … This is a polymer note with a small size and much shorter than all the remaining polymer banknotes in the Vietnamese money system. You can start buying a small piece of candy with 1,000 VND. Therefore, if your vacation falls on a Vietnamese weekend, you need to prepare in advance. How to exchange currency in Vietnam. This par value is made from two types of purple cotton paper and metal coins. They are currently still in circulation. Thousands of new, high-quality pictures added every day. The smallest note I have seen in circulation is the 200 dong note. 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 can live comfortably on a budget of 500,000 VND per day! Both have the same width of 65mm, and lengths are 136mm and 152mm respectively. That is is the only natural way to avoid confusion. In Vietnam, it is feasible to have a relatively full lunch for 50,000 VND. In sum, Vietnam does not meet this threshold for unfair currency practices that result in an undervalued currency: Its current account is in deficit, not surplus. The 500,000 dong bill is the highest value banknote of the Socialist Republic of Vietnam. Tip for tipping: When you want to tip a worker at the restaurants, hotels or other places, 5,000 VND is the smallest quantity which you should leave as a tip to show your respect. The U S dollar, preferably crisp clean bills, is widely accepted among major shops and restaurants. Your Vietnam Currency Dong Notes Money stock images are ready. Be sure to pay the right amount when you make your purchases, and always count your change. Our currency rankings show that the most popular Viet Nam Dong exchange rate is the VND to USD rate. Before 2003, there existed only money in Vietnam made from cotton paper with par value from 100 VND to 100,000 VND. 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. So, you need to pay attention to these things. While the Vietnamese dong is the official currency of Vietnam, three different currencies are used for different types of purchases. Paper notes include VND 1.000, VND 2.000, VND 5.000. Vietnam runs on two currencies: Vietnamese dong and US dollars. Sharing the same fate with the face value of 100 VND, the 200 VND is also very little in the market. After the reunification of Vietnam on the 3 rd May 1978, the dong also unified. 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 đồng'' worth 500 old Southern đồng.. United Vietnam. 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: The Vietnam dong (VND) come in polymerized and normal paper notes with multiple zeroes. Vietnam (~147 notes total). 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. If you are looking to purchase Vietnamese banknotes, then please visit our Store. The Vietnamese Dong is the currency of Viet Nam. 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 … Currency in Vietnam How does the currency of Vietnam look like? These notes vary in condition from UNCIRCULATED TO CIRCULATED. It is challenging to avoid embarrassment when tourists use a completely new currency for the first time. At the same time, all trading activities taking place in Vietnamese territory must be managed in Vietnam Dong. Are you planning a trip to Vietnam? One small thing, these Vietnamese currency denominations are wild! After the reunification of Vietnam on the 3rd May 1978, the dong also unified. Vietnam Currency Notes Money. However they aren't as big as they sound. The Vietnamese dong is the major currency used in Vietnam. But, it is better to tip some short service or easy help from 10,000VND = 0,43 USD. The latest version of Vietnamese currency is all polymer and was presented in 2003 by the Vietnamese Central Bank. The exchange rate currently hovers around 20-21 000 Vietnamese dong for $1 USD and everything else fluctuates relative to that. This note is printed on durable polymer material with red-brown color. The Socialist Republic of Vietnam is a country in the Southeast Asia. Note that Vietnamese people don’t use coins. At the same time, the face value of the currency is now issued from 100 VND to 500,000 VND. After Vietnam was reunified, the đồng was also unified, on May 3, 1978. Money: The official currency in Vietnam is Dong. And, you will surely become a millionaire in Vietnam. Make sure the notes you bring and receive are clean and undamaged. Free shipping on many items ... 1,000,000 VIETNAM DONG (2 X 500000) 500k Vnd Banknotes, Bank Note Vietnamese Cir. The differences in characteristics, denominations, and value of notes always bring a surprise to you. The banknote has... Not long! 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. 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. This is a banknote easily confused with much lower denominations: 20,000 VND. These are the smallest bills Scan is of a high-grade (EF/better) note. 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 dong comes in these denominations: 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000 and 200,000. BUY Vietnamese … You should also not pay taxi drivers on short trips in this currency. The U S dollar, preferably crisp clean bills, is widely accepted among major shops and restaurants. And, buyers should do not think the salespeople are not faithful. Each of these currencies features Ho Chi Minh on the obverse and a different reverse design based on the culture of Vietnam. Many Vietnamese people often confuse these two denominations. The 100,000 VND tip is enough for him to understand that you are happy and grateful to him. The 50,000 dong note is rarely confused with other units. Donate your leftover currency: Over £100,000 raised in 2020. Each of … Printing on two types of materials are red-brown cotton notes and metal coins. However, these fluctuations are always within a specific range allowed by the government. The banknote of 10,000 Vietnamese Dong is the lowest value banknote of the polymer notes currently in use in the Socialist Republic of Vietnam. The notes … Do you have current Vietnamese Dong banknotes like the ones in the pictures below? With 5,000 VND, you can buy 500ml mineral water bottle, a pack of instant Vietnamese noodles, or 2 bananas. The current converted value is equivalent to about 21.4 USD. And, of course, there are not too many things that cost about 2,000 VND. 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. If you are looking to purchase Vietnamese banknotes, then please visit our Store. We comply with... Our website uses non-invasive cookies to improve your experience. It is is the most popular preferred payment method for all types of transactions, and services. If everything is ready, bring your backpack and enjoy your great vacation in Vietnam. VietNamNet Bridge - The first banknote in the history of Vietnam's currency is the one called "Thong bao hoi sao" which was issued in 1396 by Ho Qui Ly. Now we will check one-by-one types of notes of Vietnese dong. Vietnamese currency including 500,000, 200,000, 100,000 and 20,000 Dong notes all featuring the smiling face of Ho Chi Minh. 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 … In case you need to travel by taxi, VND 200,000 is enough for a one-way street with the length from 11km to 13km. Before the reunification of Vietnam, there were 2 coins: Find vietnamese currency stock images in HD and millions of other royalty-free stock photos, illustrations and vectors in the Shutterstock collection. 500,000 is the biggest Vietnam currency note What is the best currency to use in Vietnam. You can easily exchange money at the airport in Vietnam for a much better rate. Scan is of a high-grade (EF/better) note. While the Vietnamese dong is the official currency of Vietnam, three different currencies are used for different types of purchases. You can use the website of Vietcombank to see the daily exchange rate. There’s no real black market in Vietnam. When traveling through Vietnam, getting the hang of the currency can be a bit daunting. You can live comfortably on a budget of 500,000 VND per day! The U S dollar, preferably crisp clean bills, is widely accepted among major shops and restaurants. A few months later, the Zimbabwe dollar was finally abandoned in favour of other commonly used foreign currencies, and all Zimbabwe bank notes, including the $100 trillion note, were reduced to collector’s items. The current banknotes in use in Vietnam are made of polymer and all have the portrait of revolutionary leader Ho Chi Minh. 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. It is challenging to have some of them nowadays because of no value. Leftover Currency converts foreign coins, old banknotes and obsolete currencies to cash, quickly and easily. You can easily use cash to buy any items or pay for many kinds of services anywhere. And, the basic understanding of Vietnam currency: Vietnamese dong (VND) is certainly one thing you can’t help but prepare to travel there. Yes. The latest version of Vietnamese currency is all polymer and was presented in 2003 by the Vietnamese Central Bank. https://theculturetrip.com/asia/vietnam/articles/a-guide-to-vietnams-banknotes 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. At Vietnam’s international airports like Tan Son Nhat in Ho Chi Minh City, Noi Bai in Hanoi, and Da Nang Airport in Da Nang, you will recognize several bank branches to serve money exchange demand of tourists. Now we will check one-by-one types of notes of Vietnese dong. VIETNAM DONG – NOTES. Indonesia -1954-2016 (~478 notes total). Thus, sellers sometimes can give you a small candy instead of this little excess money. The denominations in plastic include 10,000, 20,000, 50,000, 100,000, 200,000 and 500,000. The converted value at present in Vietnam territory is about 0.43 USD for 10,000 VND. You can use the website of Vietcombank to see the daily exchange rate. 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. Vietnam banknotes Vietnam paper money catalog and Vietnamese currency history. 2,000 Dong appears on two kinds of material: dark brown cotton paper and metal coin. Since 2003, the Vietnamese government has issued this par value on both dark blue cotton papers and metal coins. The higher value Vietnamese Dong notes are in the plastic polymer, and the highest value is VND 500,000, which is … 500,000 VND Fun facts and tips about Vietnamese Currency $0.48 shipping. Vietnamese currency is call the “Vietnamese Dong” and is represented by VND in any of the Currency Exchange calculators. 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. The currency was established in 1946, when the Viet Minh government, which later became the government of North Vietnam, introduced national money to replace the French Indochinese piastre. Vietnamese currency including 500,000, 200,000, 100,000 and 20,000 Dong notes all featuring the smiling face of Ho Chi Minh. The official currency used in Vietnam is VND (the dong). 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. Get paid fast for your unused currency from Vietnam. Despite the government's push to get away from using foreign currency, US dollars are still used in some instances. This rate applies to direct cash exchange at the banks and does not include exchange fees that may be available at certain banks. 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. Add in Hue: 46, 2A Xuan Phu Building, Hoang Lanh Street, Hue City, Vietnam, Contact in Hoi An: 493 Cua Dai, Hoi An, Quang Nam, Vietnam, Contact in Ho Chi Minh: 185/18 Pham Ngu Lao, District 1, Ho Chi Minh, Vietnam, Existing denominations of Vietnam currency. Vietnamese notes come in various denominations, with the main ones being of the plastic polymer variety. Vietnamese dong coins have five denominations, including 200VND, 500VND, 1000VND, 2000VND, and 5000VND. They are currently still in circulation. This card contains general information on the country and its currency along with three Vietnam currency notes – 100 Dong, 200 Dong and 500 Dong. The current banknotes in use in Vietnam are made of polymer and all have the portrait of revolutionary leader Ho Chi Minh. The word đồng derives from the Chinese tóng qián, which refers to Chinese bronze coins from the dynastic periods of China and Vietnam. The editorial staff of Vietnamdrive is a team of travel experts managed by Mr. Thom who has worked in tourism for 14 years. The higher value Vietnamese Dong notes are in the plastic polymer, and the highest value is VND 500,000, which is about USD … 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. For the me the main issue are awalys the 500.000 Dong notes, which I use mainly to pay for accomodation. Download preview. However, very few Vietnamese encounter confusion between these two denominations. The official currency used in Vietnam is the Vietnam Dong (VND). Only 200 VND is nearly no value to use in Vietnam. or Best Offer. The exchange rate currently hovers around 20-21 000 Vietnamese dong for $1 USD and everything else fluctuates relative to that. VND - Vietnamese Dong. The smallest par value has issued on polymer material, dark brown on a green-gold background. Two weeks into living in Vietnam and we're having a blast! Of course, with 50,000 VND, you can have more options to go shopping, such as some pretty small souvenir products, funny cloth bags, souvenir T-shirts, and lots of Vietnamese fruits with a lower price under 50,000 VND per 1kg. For current Exchange Rates Click Here. 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. Also printed on two types of material: red lotus cotton paper notes and metal coins. We exchange both coins and banknotes. 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). However, some believe that it is relatively similar to the polymer banknote of 200,000 VND. And if you feel the driver has served you all day, it is worth thanking him. The payment is encrypted and transmitted securely with an SSL protocol. 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. The 500,000 VND is the biggest note in Vietnam, adding up to just over 20 USD. Using cash becomes a habit which is still gaining the favor of Vietnamese people beyond any other forms of payment. The official currency in Vietnam is the Vietnamese “Dong” or in the shorter way, Dong. Money: The official currency in Vietnam is Dong. But, it is also certain that it will be one of exciting experiences with your trip to visit beautiful places in Vietnam. United Kingdom. There is a very common question: what is the best currency to use in Vietnam? Notes: -Torn, tatty money is not accepted in Vietnam. Absolutely. We are a registered money service business, supervised by HMRC. The 500 VND seems to be useful in some shopping centers in Vietnam when they need to return the excess money to customers. Most establishments quote prices in dong, with some (mainly luxury hotels) giving US dollar rates. Do note that the images are for representation purpose only. All banknotes are packed in transparent bags which can be easily separated from the card. Notes: -Torn, tatty money is not accepted in Vietnam. 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. 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. At this stage, there are two versions of Vietnam currency are in use: the Polymer note (500,000 VND, 200,000 VND, 100,000 VND, 50,000 VND, 20,000 VND, and 10,000 VND) and Cotton note (5,000 VND, 2,000 VND, 1,000 VND, 500 VND, and 200 VND). A moderate set at 100,000 Dong at fried chicken shops is not hard to find. Vietnamese currency is call the “Vietnamese Dong” and is represented by VND in any of the Currency Exchange calculators. 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. 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