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50 Đồng
| Issuer | State Bank of Vietnam (Ngân Hàng Nhà Nước Việt Nam) |
|---|---|
| Year | 1976 |
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| Value | Log in to see details |
| Currency | First new đồng (1978-1985) |
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| Obverse description | Portrait vignette of Hồ Chí Minh at right, rendered in intaglio against a rose-red guilloche underprint dominated by a large five-pointed star watermark outline at centre. The State emblem of Vietnam — a circular device with a central five-pointed star, rice sheaves, and cogwheel — appears at left, flanked by the denomination spelled out as NĂM MƯƠI ĐỒNG in bold letterpress. The bank title NGÂN HÀNG NHÀ NƯỚC VIỆT NAM is inscribed in a dark cartouche at the top, with the numeral 50 repeated at upper left and upper right within ornamental foliate corner panels. |
|---|---|
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| Variants | P#84a - large prefix and serial # P#84b - small prefix and serial # |
| Comments |
This note belongs to the first unified currency series issued after reunification, when the Democratic Republic of Vietnam and the former Republic of Vietnam were brought under a single monetary system. The 1976 series replaced both the Northern đồng and the Southern đồng at a rate that heavily disadvantaged holders of Southern currency — 1 new đồng for 1 Northern đồng, but only 1 new đồng for 500 Southern đồng in cash holdings above minimal thresholds.
The exchange was as much a political instrument as an economic one. Printing was handled by facilities in the Soviet sphere, consistent with other notes in this series, though exact attribution between East German and Soviet printers for individual denominations remains a matter of some dispute among specialists.