Catalog
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| Issuer | State Bank of Vietnam |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Second new đồng (1985-date) |
| Composition | Log in to see details |
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| Obverse description | The obverse carries a portrait of Hồ Chí Minh at centre-right, set against a fine guilloche underprint in green and pink tones. The upper inscription reads CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM, with the denomination HAI NGHÌN ĐỒNG in bold letterpress at centre-left and the numeral 2000 in two corners. The national emblem appears at upper left, flanked by ornamental borders with scroll and floral motifs, and the date 1987 is printed at the lower centre. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
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| Protection description | Hồ Chí Minh portrait visible in the left portion of the note when held to light. |
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| Comments |
The 2000 Đồng denomination was introduced as part of Vietnam's monetary reforms following the catastrophic 1985 redenomination, which had wiped out savings and triggered inflation rather than controlling it. By 1987, the State Bank was issuing higher-value notes into an economy where inflation was running at several hundred percent annually — the 2000 Đồng note was already losing purchasing power faster than it could be distributed.
The series was eventually rendered obsolete by the 1991 monetary stabilization program. Cotton-paper notes from this period frequently show accelerated wear due to the high volume of daily transactions they handled in a cash-dependent economy with almost no banking penetration outside major urban centers.