What is the currency used in Vietnam? 🔊
The currency used in Vietnam is the Vietnamese đồng, abbreviated as VND. The đồng has been the official currency since 3 May 3, 1985, replacing the previous currency known as the "libra." The value of the đồng has fluctuated over the years due to economic changes, inflation, and market conditions. Banknotes come in various denominations, often featuring images of historical figures and cultural symbols significant to Vietnam's heritage. The currency plays an essential role in daily transactions and the growing tourism industry, with exchanges occurring at banks, local currency exchanges, and via digital platforms in more recent years.
Equestions.com Team – Verified by subject-matter experts