Vietnamese Dong to Euro

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 euro (sign: €, code: EUR, number: 978) is the official currency of the Eurozone. Presently, the Eurozone comprises 19 EU states and several non-EU microstates and special territories, such as the Vatican or the Republic of Kosovo. The euro has replaced the former accounting currency European Currency Unit (ECU).

The non-cash form of the euro currency came into existence in 1999. Physical euro banknotes and coins entered into circulation in 2002. The European currency is second in international interbank turnover, succumbing only to the US dollar.