The par value of 20,000 VND is established on dark blue polymer material while 500,000 VND note is dark blue.īoth have the same width of 65mm, and lengths are 136mm and 152mm respectively. 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. And, buyers should do not think the salespeople are not faithful. Thus, sellers sometimes can give you a small candy instead of this little excess money. It is challenging to have some of them nowadays because of no value. 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. Of course, in small shops and becauce of the market culture of the Vietnamese, many people often ignore the excess of 500 Dong because of its little value. The 500 VND seems to be useful in some shopping centers in Vietnam when they need to return the excess money to customers. However, if it’s only for 500 VND, it’s hard for you to buy something. Face value of 200 VNDĪlso printed on two types of material: red lotus cotton paper notes and metal coins.Ĭurrently, in the market, cotton paper par value of 500 VND appears more often than its sister’s metal note. With 100 VND, the user definitely cannot buy anything. This denomination is now almost invisible in the market, except that some individuals want to use it as a souvenir, because of its small value. This is the smallest denomination of the current Vietnamese currency. Now we will check one-by-one types of Vietnamese dong notes. Nowadays, Vietnamese money has cotton-paper and polymer notes that are the two types of banknotes being circulated in Vietnam. 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.īy 2011, the government decided to stop issuing coins even though it is proper to pay in the market. Vietnamese dong coins have five denominations, including 200VND, 500VND, 1000VND, 2000VND, and 5000VND. At the same time, the face value of the currency is now issued from 100 VND to 500,000 VND. Since 2003, the government has released more polymer notes, zinc coins (metal coins) and cotton-paper money notes. Existing denominations of Vietnam currencyīefore 2003, there existed only money in Vietnam made from cotton paper with par value from 100 VND to 100,000 VND. 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.

Therefore, if your vacation falls on a Vietnamese weekend, you need to prepare in advance.Īt 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.Īnd good advice is given to you that if you have not prepared the Vietnamese money earlier, you should convert your money into VND immediately before stepping out of the airport, or using any services. However, you will not be able to find any of these banks that operates on Saturdays and Sundays. Asia Commercial Joint Stock Bank – ACB.Vietnam Joint Stock Commercial Bank for Investment and Development – BIDV.Vietnam Joint Stock Commercial Bank for Industry and Trade – Vietinbank.Vietnam Joint Stock Commercial Bank for Foreign Trade – Vietcombank.Here are the good banks in Vietnam to exchange your money into VND: It’s not too difficult to find a bank or bank branch in all cities of Vietnam. 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. 18, 2020.In Vietnam, the government regulates the exchange of foreign currencies to be conducted only at licensed establishments.Īt the same time, all trading activities taking place in Vietnamese territory must be managed in Vietnam Dong. ' Vietnam Rejoins Club of 6%-GDP-Growth Nations as Exports Surge.' Accessed Dec. ' Vietnamese Dong (VND) per US Dollar (USD).' Accessed Dec. ' 10 of the World's Worst Currencies.' Accessed Nov. ' US dollar to Vietnamese dong exchange rates.' Accessed Nov. ' A Guide to the United States’ History of Recognition, Diplomatic, and Consular Relations, by Country, since 1776: Vietnam.' Accessed Nov. ' Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States,'. ' History and Development of the Central Bank.' Accessed Nov.

Vietnamese exchange rates