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The đồng (; Vietnamese: [ˀɗɜwŋ͡m˨˩]; sign: ₫ or informally đ; code: VND) has been the currency of Vietnam since 3 May 1978. It is issued by the State Bank of Vietnam. The đồng was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre.
Formerly, it was subdivided into 10 hào, which were further subdivided into 10 xu, neither of which are now used. The Vietnamese đồng has increasingly moved towards exclusively using banknotes; as of 2012 the use of coins has decreased greatly, and since 2014 coins are generally not accepted in retail, but will still be accepted in some, but not all, banks.
The Vietnamese đồng is currently the third weakest circulating currency as of May 2021 (behind Venezuelan bolivar and Iranian rial), with one United States dollar equalling 23112.04 đồng.
referencePosted on 12 Sep 2024, this text provides information on Miscellaneous in Country Currency related to Country Currency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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