Catalog
1 Ðồng
| Issuer | State Bank of Vietnam |
|---|---|
| Year | 1985 |
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| Composition | Log in to see details |
| Size | 114 × 57 mm |
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| Obverse description | The Flag Tower of Hanoi (Cột cờ Hà Nội) is rendered in intaglio line engraving at left, set against a multicolour guilloche underprint of radiating bands in yellow and violet tones. The national coat of arms of the Socialist Republic of Vietnam appears within an ornate guilloche rosette at centre-right, with denomination numerals in each lower corner framed by decorative borders. The country title runs in dark letterpress across the upper field, with a serial number below the coat of arms. |
|---|---|
| Obverse lettering | Cộng Hòa Xã Hội Chủ Nghĩa Việt Nam Một Ðồng (Translation: Socialist Republic of Vietnam One Ðồng) |
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| Comments |
The "Printed: 30.04.1945" field here is almost certainly a data entry artifact — that date predates the State Bank of Vietnam's existence by several years. The bank was formally established in 1951. This note belongs to the 1985 series issued under the Socialist Republic, a period of acute monetary instability before the Đổi Mới reforms fundamentally restructured Vietnam's economic framework the following year.
The 1 Đồng denomination by 1985 had effectively negligible purchasing power, a consequence of hyperinflationary pressure that would soon prompt the 1985 currency reform — itself a failure — and eventually the 1989 liberalization.