Vietnamese đồng

The Vietnamese dong, code VND, is the official currency of Vietnam. It is issued and managed by the State Bank of Vietnam, and is used for daily payments, salaries, bills, shopping, and business transactions across the country.

The common symbol is ₫. Due to past inflation, smaller denominations are rarely used in practical transactions today, while modern polymer notes are more widely used because they are more durable and harder to counterfeit.

When checking the VND exchange rate, it is important to look at the final amount received. PandaMoney shows the rate and fees before you confirm.

Country of Origin
Vietname
Symbol
₫
Currency Code
VND
Nick Name
đồng
Mirror units
hào (1/10), xu (1/100) [now obsolete in practice]
Banknote Material
Polymer (modern notes), older ones were paper
Central Bank
State Bank of Vietnam
Background

History of the Vietnamese đồng

The Vietnamese đồng (VND) has been used as the national currency of Vietnam following various economic and monetary changes throughout the 20th century. The name “đồng” has long been associated with Vietnam’s currency and remains the country’s official monetary unit today.

The State Bank of Vietnam is responsible for issuing and managing the VND. Over time, Vietnam has transitioned from multiple older paper currencies to a more modern system, where polymer banknotes are widely used due to their durability, cleanliness, and resistance to counterfeiting.

Today, the VND is the primary currency used in all domestic transactions in Vietnam. Its exchange rate is influenced by trade, inflation, monetary policy, and international market conditions.

1 VND = --

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VND to INR Historical Exchange Rate Chart

When you send money to India from USA, exchange rate movements can change the final INR amount more than you think. With PandaMoney’s interactive USD to INR chart powered by mid-market exchange rates, you can make decisions with clarity.

Use the chart to:

  • Check live USD to INR rates before transferring
  • View historical trends for the last 48 hours up to 5 years
  • Avoid rate surprises by seeing real-time changes

You can also set a rate alert and we’ll notify you when the USD to INR rate improves, so you don’t have to keep checking every day.

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