December 13, 2012

South Vietnam Banknotes

The đồng (銅) was the currency of the Republic of Vietnam (South Vietnam) from 1953 to May 2, 1978. It was subdivided into 100 xu, also written su.


History of South vietnam banknotes


In 1953, the Vietnam branch of the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam issued notes dual denominated in piastre and đồng. At the same time, the two other branches of the Bank made similar issues with the riel in Cambodia and the kip in Laos. The đồng circulated in those parts of Vietnam not under the control of the Communist forces, which by 1954 coincided with South Vietnam. Coins denominated in su were also introduced in 1953. In 1955, a truly independent issue of đồng banknotes was produced by the National Bank of Vietnam.

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 be exchanged for Institut d’Emission issues for Vietnam starting 30 September until 7 November. The Institut issues for Cambodia and Laos ceased to be legal tender on 7 October, and all Bank of Indochina notes lost their legal tender status on 31 October following the 15 October introduction of the first notes from the National Bank of Vietnam. 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. Due to steady inflation, 5000 and 10,000 đồng notes were printed in 1975 but not issued due to the communist victory.



































DatesDenominations
1952–19531, 5, 10, 100, 200 đồng
1955–19581, 5, 10, 20, 100, 200, 500 đồng
1955–19621, 2, 5, 10, 20, 50, 200 đồng
1962–19661, 20, 50, 100, 500 đồng
1966100, 200, 500 đồng
1969–197120, 50, 100, 200, 500, 1000 đồng
197250, 100, 200, 500, 1000 đồng

South Vietnam First Issue 1955












1 Dong 1955

2 Dong 1955

5 Dong 1955

10 Dong 1962










20 Dong 1962

50 Dong 1956

100 Dong 1955










200 Dong 1955

500 Dong 1955

Unissued 200 Dong 1955

South Vietnam Second Issue 1955












1 Dong 1955

5 Dong 1955

10 Dong 1955

20 Dong 1956










100 Dong 1960

200 Dong 1958

500 Dong 1962









1000 Dong 1955

unissued 50 Dong 1955(?)

South Vietnam Series 1964











1 Dong 1964

20 Dong 1964

500 Dong 1964

South Vietnam Series 1966










50 Dong 1966

100 Dong 1966









200 Dong 1966

500 Dong 1966

South Vietnam Series 1969











20 Dong 1969

50 Dong 1969

100 Dong 1970










200 Dong 1970

500 Dong 1970

1000 Dong 1971

South Vietnam Series 1972-75











50 Dong 1972

100 Dong 1972

200 Dong 1972









500 Dong 1972

1000 Dong 1972










5000 Dong 1975

10000 Dong 1975

1000 Dong 1975

 

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