The đồng (English pronunciation: /ˈdɔŋ/, Vietnamese: [ɗôŋm]) (sign: ₫; code: VND) is the currency of Vietnam since May 3, 1978. It is issued by the State Bank of Vietnam. It has the symbol ₫. It is subdivided into 10 hào. However, the hào is now worth so little that it is no longer issued.
The word đồng is from the term “đồng tiền” (lit. money) which is a cognate of the Chinese “Tong2 Qian2” (Traditional Chinese:銅錢; Simplified Chinese:铜钱). The te...
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The đồng (English pronunciation: /ˈdɔŋ/, Vietnamese: [ɗôŋm]) (sign: ₫; code: VND) is the currency of Vietnam since May 3, 1978. It is issued by the State Bank of Vietnam. It has the symbol ₫. It is subdivided into 10 hào. However, the hào is now worth so little that it is no longer issued.
The word đồng is from the term “đồng tiền” (lit. money) which is a cognate of the Chinese “Tong2 Qian2” (Traditional Chinese:銅錢; Simplified Chinese:铜钱). The term refers to Chinese bronze coins which were used as currency during the dynastic periods of China and Vietnam. The term hào is a cognate of the Chinese "háo" (Traditional Chinese: 毫) which means 1/10th a currency unit.
In 1946, North Vietnam's government introduced their own currency, the đồng, which replaced the French Indochinese piastre at par. Two revaluations followed, in 1951 and 1958. The first was at a rate of 100:1, the second at a rate of 1000:1.
Notes dual denominated in piastre and đồng were issused in 1953 for the use in South...
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