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As of 2022, no coins are used. Generally, Vietnam is moving towards digital payments. [8] [9] [10] The 500,000-dong note (VND) is the highest-denomination banknote in circulation in Vietnam. The note is dark blue in color and has been in circulation since 2003. [11] [12] [13] [14]
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. Between 1964 and 1968, notes below 50 đồng were replaced by coins. In 1971, 1000 đồng notes were introduced.
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.
In 1958, the National Bank introduced notes for 1 xu, 1, 2 and 5 hào, 1, 2, 5 and 10 đồng, with the 1 xu notes an overprint on an earlier, unissued type of 10 đồng note. In 1964, the State Bank of Vietnam ( Ngân hàng Nhà nước Việt Nam ) introduced 2 xu notes, followed by 5 xu, 1 and 2 hào in 1975.
In 1872 the first brass Tự Đức Thông Bảo (嗣德通寶) cash coins with the monetary unit văn were cast in Hanoi, these cash coins has weight of 7 phần and had the reverse inscription "Lục Văn" (六文) on them indicating that these coins were worth 6 zinc cash coins. The introduction of this new currency symbol marked the change ...
A lump of ancient Vietnamese cash coins in the National Museum of Vietnamese History, Hanoi. The list of coin hoards in Vietnam comprises significant archaeological hoards of coins, other types of coinages (e.g. sycees) or objects related to coins discovered in Vietnam. The history of Vietnamese currency, independent from China, dates back to the Đinh dynasty period with the Thái Bình Hưng ...
The Bảo Đại Thông Bảo (chữ Hán: 保大通寶; French: Sapèque Bao-Daï) was a round Copper-alloy coin with a square hole produced by the Nguyễn dynasty under French protection and was the last cash coin produced both in Vietnam and the world, this ended a long series of cast Vietnamese coinage that started with the Thái Bình Hưng Bảo in 970. [2]
The term tiền (chữ Hán: 錢) is used to refer to various currency-related concepts used in Vietnamese history. The name is a cognate with the Chinese qián (錢), a unit of weight called "mace" in English. It can refer to a unit of weight used in precious metal coinages as well as the number of cash coins in a string.