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100 Đồng

Issuer State Bank of Vietnam
Year 1992
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Value 100 Đồng
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Obverse lettering CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM
100
MỘT TRĂM ĐỒNG
1991
(Translation: Socialist Republic of Vietnam / One Hundred Dong / 1991)
Reverse description A central intaglio vignette in brown and olive tones renders the Phổ Minh Pagoda and its multi-tiered tower at Tức Mặc, framed by mature trees and the temple gateway in fine line engraving. The numeral "100" in large olive-green letterpress is placed at lower left, while the denomination "MỘT TRĂM ĐỒNG" appears in bold at lower right. Guilloche borders in olive and blue frame the composition on all sides.
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Vietnam's 1992 note series was issued as the country was three years into Đổi Mới — the economic reform program that dismantled central planning and opened Vietnam to foreign investment. The State Bank needed a functioning currency infrastructure to accompany liberalization, and this series was part of that quiet institutional rebuilding.

P#105 is among the smaller-denomination notes of the series and circulated heavily enough that worn examples vastly outnumber uncirculated ones in the market.