Vietnamese Dong to Cuban convertible peso

The Vietnamese dong (sign ₫, code VND) is a currency used on the territory of Vietnam. One dong contains 100 xu or hào. When Vietnam was colonized by France, the country used the Indochinese piastres.

Only in 1947, the government managed to issue its own currency. Nevertheless, the Indochinese piastre was in circulation up to 1954. The name “dong” translates as bronze or copper. Since 2003, the country has been issuing notes of a new format made not out of paper, but out of synthetic polymer which can last longer, particularly in humid climates.

The Cuban convertible peso (sign $, code CUC) is one of the two currencies used in Cuba. The name has become a reason for an unofficial name of the currency. It is often called cuc.

One peso can be exchanged for 100 centavos. The convertible peso has first been introduced in Cuba in 1994 to allow for an easier payment process for tourists and diplomats within the country. The introduction of the convertible peso as a second currency has led to an increase in fraud directed at foreign citizens. Since 2013, Cuba has started to gradually decrease the use of this currency, turning to the regular Cuban peso.