Currency of Vietnam: Vietnamese Dong
Vietnamese Dong · VND · National
Who Issues Vietnamese Dong in Vietnam
The Vietnamese Dong (VND) is the unit of Vietnam's domestically run monetary system. Beyond the three-letter code, it is shown with symbol ₫ and carries ISO 4217 numeric identifier 704.
In practical currency use for Vietnam, State Bank of Vietnam manages the monetary framework for the Vietnamese Dong in Vietnam. VND is therefore a nationally administered currency rather than an externally issued unit.
Exchange Rate for VND
In Vietnam, the useful benchmark is a dated VND observation with its currency pair stated explicitly. Provider spreads, card charges and commissions can still change the amount actually paid. The comparison stays the benchmark traceable.
In Vietnam, compare observations for the same currency pair and a similar timestamp, a bank, card network or cash desk may apply its own spread or fee to that benchmark.
Banknotes and Coins
Banknotes
State Bank of Vietnam currency materials cover cotton notes from ₫100 through ₫5,000 and polymer notes from ₫10,000 through ₫500,000.
Coins
The issued đồng coin family consists of ₫200, ₫500, ₫1,000, ₫2,000 and ₫5,000 denominations. Coins are rarely encountered in everyday payments.
Frequently Asked Questions
What currency is used in Vietnam?
For the monetary setup used in Vietnam, the Vietnamese Dong (VND) is the national currency, with State Bank of Vietnam responsible for the domestic monetary framework.
Who manages the currency system in Vietnam?
State Bank of Vietnam is the main monetary authority identified for Vietnam.
Are the exchange rates for Vietnam real-time?
For Vietnam's Vietnamese Dong, a supported conversion is based on the latest reference observation available to the tool, with the observation date shown. That makes it a reference value rather than a guaranteed transaction rate. This keeps the comparison anchored to a dated observation.
Sources & methodology
Institutional facts are checked against State Bank of Vietnam and the monetary framework applicable to Vietnam. The VND code follows ISO 4217. Structural exchange-regime facts are not mixed with a dated reference-rate observation.
View sources used for this page
- State Bank of Vietnam - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- State Bank of Vietnam - Vietnamese currency