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In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on October 17, 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from October 16 to October 24 the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar ...
The government (Việt Nam Dân Chủ Cộng Hòa) issued two forms of paper money for this currency, "Vietnamese banknotes" (Giấy Bạc Việt Nam) and "Credit notes" (Tín Phiếu). In 1946, banknotes were introduced in denominations of 20 and 50 xu, 1, 5, 20, 50, 100 đồng, together with credit notes for 1 đồng.
In 1953, notes (dated 1952) were introduced by the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam in denominations of 1, 5, 10, 100 and 200 đồng. On 22 September 1955, the Ministry of Finance and Economic Affairs announced that notes from the Bank of Indochina and the Institut d’Emission issues for Cambodia and Laos would ...
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Currency of State of Vietnam 1949 – 1955 Note: transitional notes dual denominated in piastre and đồng used between 1953 and 1955. Note: the Viet Minh government issued its own separate currency: Succeeded by: North Vietnamese đồng Reason: independence Ratio: at par, or 1 đồng = 17 French francs Note: starting 1946: Succeeded by ...
A Sichuanese man carrying 13,500 cash coins.. A string of cash coins (Traditional Chinese: 貫, 索, 緡, 繦, 鏹, [a] 吊, 串, 弔, 錢貫, 貫錢, [b] 貫文, 吊文, or 串文; French: Ligature de sapèques) refers to a historical Chinese, Japanese, Korean, Ryukyuan, and Vietnamese currency unit that was used as a superunit of the Chinese cash, Japanese mon, Korean mun, Ryukyuan mon, and ...
The unorthodox method used for reading the reverse side of most Tự Đức Bảo Sao (嗣德寶鈔) cash coins. The reverse side of the Tự Đức Bảo Sao are read in an unorthodox way, as usually cash coins are read top-bottom-right-left (known as "a cross pattern"), as is the case for the obverse of this series. [8]
There were still some major differences between the Chinese and Vietnamese systems, as in the Vietnamese currency system the nominal value was represented either using a basic number currency symbol (văn) or in units of account (mạch and quán) using both copper and zinc with pegged values, while the Chinese coinage system used cash coins ...