VND · VND
Vietnamese Dong (VND)
The Vietnamese Dong (VND) is the official currency of Vietnam. Learn about its history, denominations, and role in the economy.
Convert this currency
Converted amount
0.0000 USD
Exchange rate
1 VND = 0.000038 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
VND · Vietnamese Dong
Vietnamese Dong (VND): Overview and History
The Vietnamese Dong (VND) is the official currency of the Socialist Republic of Vietnam. Issued by the State Bank of Vietnam, the dong has undergone several redenominations since its introduction in 1946. The current series, introduced in 2003, features polymer banknotes that are durable and incorporate advanced security features. The dong is subdivided into 10 hào or 100 xu, though these subunits are no longer used in practice due to the currency's low value.
Vietnam's economy has experienced rapid growth in recent decades, transitioning from a centrally planned to a socialist-oriented market economy. The dong plays a crucial role in domestic transactions, while the U.S. dollar is also widely accepted in tourist areas and for larger purchases. The exchange rate is managed by the central bank, which aims to maintain stability and support export competitiveness. However, the currency has faced inflationary pressures in the past, leading to periodic devaluations.
For travelers and businesses, understanding the VND is essential. Banknotes come in denominations from 1,000 to 500,000 dong, with coins rarely used. When exchanging money, it is advisable to compare rates and be aware of counterfeit risks. The dong's value fluctuates against major currencies, so it is wise to check current rates before transactions. As Vietnam continues to integrate into the global economy, the dong remains a symbol of its economic transformation.
- Code
- VND
- Symbol
- VND
- Current rate
- USD / VND
Currency information
Last updated · 8/7/2026
Introduced in 1978, replacing the first Vietnamese đồng.
- Official name
- Dong
- Legal tender status
- Legal tender in Vietnam
- Decimal places
- 0
- Minor unit
- hào · 1 VND = 10 hào
- Countries
- Vietnam
- Issuing authority
- State Bank of Vietnam
- Central bank
- State Bank of Vietnam · Official website
- Exchange-rate regime
- Managed floating exchange rate
Common banknotes
1.000 ₫ · 2.000 ₫ · 5.000 ₫ · 10.000 ₫ · 20.000 ₫ · 50.000 ₫ · 100.000 ₫ · 200.000 ₫ · 500.000 ₫
Common coins
200 ₫ · 500 ₫ · 1.000 ₫ · 2.000 ₫ · 5.000 ₫
Also known as
đồng · Vietnamese Dong · Dong · VND · ₫
Practical notes
- The đồng has no subunit in practice; hào is no longer used.
- Banknotes are made of cotton paper and polymer.
- The largest denomination is 500.000 ₫.
Priority currency pairs
The most useful conversions for this currency.
Vietnamese Dong questions
What is the VND exchange rate?
The displayed rate is the latest available reference rate for USD/VND. It can change throughout the day.
How can I convert VND online?
Use the converter above to calculate indicative amounts between VND and the other supported currencies.