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20 Ðồng
| Issuer | Ngân Hàng Nhà Nước Việt Nam (State Bank of Vietnam) |
|---|---|
| Year | 1976 |
| Type | Standard circulation banknote |
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| Obverse description | Right-facing intaglio portrait vignette of President Hồ Chí Minh occupies the right portion of the note, set against a salmon-pink underprint with a large light-green guilloche watermark numeral '20' at centre. The State emblem of Vietnam — a gold star above a cog-wheel and rice sheaves — appears to the left of centre, with the numeral '20' in bold at lower left. A dense ornamental border of floral and foliate motifs frames the design on all sides. |
|---|---|
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| Reverse lettering | HAI MƯƠI ĐỒNG 20 1976 |
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| Comments |
This note belongs to the first unified currency series issued after reunification — the September 1975 monetary reform had already replaced the currencies of both the former Republic of Vietnam in the South and the Democratic Republic of Vietnam in the North with a transitional dong, but this 1976 series consolidated that process under a single national bank identity. The State Bank's name appearing here reflects the institutional continuity from Hanoi rather than a new southern entity.
Pick 83 is among the lower denominations of the series and circulated heavily through a command economy with chronic shortages and suppressed pricing — actual purchasing power of a 20 dong note eroded quickly through the late 1970s, well before the 1985 redenomination cut the dong at 10:1.