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| 正面描述 | 登录 以查看详情 |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | The reverse presents a watermark-ghost portrait of Ho Chi Minh at centre, printed in a pale underprint, with the bold letterpress text 'TÍN PHIẾU / NAM ĐỒNG' at left and Chinese characters '越南民主共和' along the top border panel. A decorative guilloche rosette enclosing the numeral '5' occupies the right portion, and Chinese characters '伍元' appear below the main text. A dense foliate vine border frames the entire design. |
| 背面铭文 | TÍN PHIẾU NAM ĐỒNG 5 伍元 越南民主共和 |
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The Democratic Republic of Vietnam began issuing its own currency — the đồng — in late 1945, shortly after Ho Chi Minh's declaration of independence, explicitly to displace the Indochinese piastre and break the financial grip of the Banque de l'Indochine. By 1949–1950, the DRV was conducting its war against French forces from the Việt Bắc base areas in the northern highlands, and notes of this period were printed under genuinely difficult conditions, without access to sophisticated printing infrastructure.
Circulation was largely confined to Việt Minh-controlled territory. French-held zones refused the currency entirely, making these notes instruments of political as much as economic exchange.