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In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on 17 October 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from 16 October to 24 October the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar. [44]
In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government.
In 1951, the National Bank of Vietnam (Ngân hàng quốc gia Việt Nam) introduced notes for 20, 50, 100, 200, 500 and 1000 đồng, with 5000 đồng notes added in 1953. These were the only circulating currency between 1951 and 1958.
By early 2024, 1-to-2-kilogram (2.2-to-4.4-pound) specimens were being sold for around 1 million Vietnamese dong ($40), the study noted. With the discovery of B. vaderi, scientists such as ...
VND Index also known as the Trade Weighted Vietnam Dong Index, is a measure of the value of the Vietnamese đồng (VND) relative to majority of Vietnam's most significant trading partners. Methodology
The Vietnamese cash (chữ Hán: 文 錢 văn tiền; chữ Nôm: 銅 錢 đồng tiền; French: sapèque), [a] [b] also called the sapek or sapèque, [c] is a cast round coin with a square hole that was an official currency of Vietnam from the Đinh dynasty in 970 until the Nguyễn dynasty in 1945, and remained in circulation in North Vietnam until 1948.
The infobox pictures show a 50 dong banknote and a 500 dong coin. This looks strange as the coin's nomination is ten times that of the banknote. Usually banknotes are more valuable than coins. Are the pictures from different years so inflation had the time to switch the real monetary values, or what is the explanation?
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