Vietnamese Dong Security Features for the 500k, 200k, 100k, 50k Notes.
Located on the fringes of South East Asia, Vietnam is one of the major up and coming players in the world market. With its blooming oil and gas industry and well balanced economy, the country has a bright future set ahead of itself.
The country?s national currency, the Vietnamese Dong (VND) was originally introduced in 1946 to replace the French Indochinese Piastre. During the unification of Vietnam, the currency of both the north and the south were merged to form the new Dong, banknotes for which are issued by the State Bank of Vietnam since 1978. Although the dong was initially issued in the form of aluminum coins, subsequent years saw a steady decline in its circulation in favor of better quality, cotton weave notes.
Over the years, lower value banknotes were dropped from circulation in favor of higher value notes and the first 5,000 Dong note was issued in 1987. Progressively higher denominations were issued in the subsequent years, from 1990 till 2006 when the 200,000 Dong banknote was issued. Currently, the highest dong denomination is 500,000.
Since then, at least 5 different series of banknotes were issued by the State Bank of Vietnam. The central problem with all these iterations was that they lacked a unifying design or theme, rendering them confusing to the end user.
However, the current series of Dong banknotes has overcome this problem and boasts of some of the best currency security features in the world. This infographic has been particularly laid out to illustrate the differences and security features of the various iterations of the Vietnamese Dong, which can assist currency collectors and enthusiasts alike in making informed purchase decisions.