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Vietnamese exchange rate12/3/2023 In addition, you can check the durability by pulling or lightly tearing the money’s edge. When it opens, the money will be elastic to its original state. So, you can check the elasticity by grasping the banknote in the palm of your hand. Real money is printed on polymer material that has high elasticity and durability. To avoid unexpected risks of receiving fake money, it is necessary to have a habit of checking the currency when trading. How to differentiate Vietnamese real and fake money So, those who need to change money should use the official currency converter tools of banks such as TP Bank, AB Bank, Sacombank, and so on. Today, there are a lot of currency converter tools on the Internet, but most of these tools do not update the exchange rates at banks. In general, the exchange rate of Vietnam Dong to US Dollar is from VND 22,500 to 23,500 throughout recent years. For example, at the time of writing this article, one US dollar equals to VND 23,116. If you would like to know the exchange rate and other related figures, visit the official website of The State Bank of Vietnam. So, they concern more about the exchange rate. Today, many Vietnamese people have the demand to use international transactions or go abroad to work, studying. At the present, only paper notes with the value of VND 5,000, VND 1,000, and VND 2,000 are still valid in Vietnam. Since January 1, 2013, the cotton currencies with the value of VND 10,000 and VND 20,000 have also stopped circulating in Vietnam. Since the polymer money was put into use, the old paper money of VND 50,000 and VND 100,000 were stopped being issued and circulated. Polymer banknote is convenient for using and suitable for use in modern devices This material has many advantages like it is durable, waterproof, and suitable for use in modern devices such as ATM or money counter. In 2003, polymer money was first issued by the State Bank of Vietnam. VND 50,000 banknote was issued on October 15, 1994, and VND 100,000 banknote was printed on September 1, 2000. In 1990, cotton banknotes with the value of VND 10,000 and VND 20,000 were printed. From that time until now, the Vietnamese currency has been changed in terms of form, material, and face value up to 7 times. Before the State Bank of Vietnam established, the first paper money was printed with the words “Viet Nam Dan Chu Cong Hoa” in the national language and the image of President Ho Chi Minh. At that time, the dong was officially printed and circulated to affirm the country’s sovereignty. These three women were in traditional costumes of Laos, Cambodia, and Vietnam.Īfter the August 1945 Revolution, the Democratic Republic of Vietnam was born. Indochina Bank also issued banknotes with three young women printed on. Because the historical condition is not suitable, Ho Quy Ly’s paper money policy was failed.ĭuring the French occupation, the region’s currency is Piastre, which is often called “bac”. The first paper money of Vietnam was issued by Ho Dynasty in 1396 however, at that time, the policy of issuing paper money was not highly appreciated. Check hidden image element in the small window.How to differentiate Vietnamese real and fake money. Before you go to any currency exchange, you should check general conversion rate with currency converter. There are possibilities to exchange money at currency exchanges in the city or malls, online, via money transfer services and at least banks, with very often huge commissions. But if you want just to convert your Vietnamese Dong to United States Dollar, then you have to compare and to know where is the best vnd to usd exchange rate in Vietnam. Also, if you need to transfer Vietnamese Dong or United States Dollar to any country or from Vietnam to United States, you're able to transfer money via xoom, Paypal, Moneygram, Transferwise, Western Union etc. First, check on currency converter for general vnd to usd conversion rate, then you can look for currency exchange or exchange money somewhere online. If you travel to Vietnam, you can easily convert and get Vietnamese Dong at any currency exchange in Vietnam. VND to USD currency pair can change anytime and may be difficult to predict the future. VND to USD - Vietnamese Dong to United States DollarĬonvert Vietnamese Dong to United States Dollar with flexible currency converter, also check Vietnamese Dong to United States Dollar exchange rate which is changing every second and may be impacted of everyday political or economic life.
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