![]() Subsequently, the Ngân-Hàng Quốc-Gia Việt-Nam (National Bank of Vietnam) took over the issuance of paper money, introducing 2 and 500 đồng notes in 1955 and 20 and 50 đồng in 1956. The Institut issues for Cambodia and Laos ceased to be legal tender on 7 October, and all Bank of Indochina notes lost their legal tender status on 31 October following the 15 October introduction of the first notes from the National Bank of Vietnam. On 22 September 1955, the Ministry of Finance and Economic Affairs announced that notes from the Bank of Indochina and the Institut d’Emission issues for Cambodia and Laos would be exchanged for Institut d’Emission issues for Vietnam starting 30 September until 7 November. In 1953, notes (dated 1952) were introduced by the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam in denominations of 1, 5, 10, 100 and 200 đồng. Rice plant, "Ngân Hàng Quốc gia Việt Nam" (National Bank of Vietnam) Ngo Dinh Diem, "Việt Nam Cộng Hòa" (Republic of Vietnam) Three women, "Quốc gia Việt Nam" (State of Vietnam) The coins issued can be roughly classified into five series: It is reported that all but a few examples were "disposed of as scrap metal" and the coin is very rare. ![]() 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government. In 1953, 10, 20 and 50 su coins were introduced. In 1955, an independent issue of đồng banknotes was produced by the National Bank of Vietnam.Ī South Vietnamese 1 đồng Coin from 1964 Coins Coins denominated in su were also introduced in 1953. The đồng circulated in those parts of Vietnam not under the control of the Communist forces, which by 1954 coincided with South Vietnam. At the same time, the two other branches of the Bank made similar issues with the riel in Cambodia and the kip in Laos. 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. It was subdivided into 100 xu, also written su.įirst đồng, 1953 to 1975 History The đồng (銅) was the currency of South Vietnam from 1953 to. This infobox shows the latest status before this currency was rendered obsolete. Republic of South Vietnam (Liberation đồng) Normally, minibus tour guides will share tips among themselves and the drivers.Former currency of South Vietnam South Vietnamese đồng đồng Việt Nam Cộng Hòa ( Vietnamese)ġ, 5, 10, 20, 50, 100, 200, 500, 1000 đồng For someone who earns US $ 150 a month, a $ 1 tip is important. Tips are not expected in Vietnam, but it is greatly appreciated. Before you change money, always calculate whether you will receive a favorable rate. The most favorable exchange rates are often at a jeweler in the old quarter of Hanoi or behind Ben Thanh market in Ho Chi Minh City. Banks and money changers at the airport often exchange money for bad prices. Large currencies can be exchanged virtually anywhere in Vietnam, but not all exchange offices are the same. A number of other currencies are accepted here, but high rates are charged. Especially if you are planning to get a Vietnam visa upon arrival, it will save you problems, as the visa stamp at the airport must be paid in USD. When you travel to Vietnam, it is handy if you bring some dollars. With a few exceptions, the Euro is not accepted anywhere. Pay with other currencies (Euro, Dollar or Pound)Īlthough the official currency is the Vietnam Dong (VND), many major stores and hotels in Vietnam also accept the US dollar. Payments commissions sometimes apply (around 3%). Pay with credit cardĬredit cards are accepted in large cities at hotels and travel agents, but do not expect cheap guesthouses or local restaurants that accept a credit card. However, beware of withdrawal costs (usually 25,000d to 50,000d) and withdrawal limit most have a maximum of around 2,000,000d (75 euros) Agribank can hold up to 6,000,000d and Commonwealth Bank up to 10,000,000d. It is no problem to withdraw cash with a regular Maestro debit card or with a Visa or MasterCard credit card. DongĪTM’s are available in every city in Vietnam. The currency of Vietnam is the dong, which you will see after an amount like “đ”, “d” or “VND”.
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