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1000 Đồng
| Issuer | State Bank of Vietnam |
|---|---|
| Year | 1989 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | Ngân Hàng Nhà Nước Việt Nam Một Nghìn Đồng (Translation: The State Bank of Vietnam One Thousand Dong) |
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| Protection type | Watermark |
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| Comments |
Vietnam's 1989 currency issues were produced under severe economic pressure — the đổi mới reforms had been launched in 1986, and the State Bank was simultaneously trying to suppress hyperinflation while transitioning away from the centrally planned pricing system that had made most paper denominations functionally worthless. The 1,000 đồng note, substantial in face value when first issued, was already being eroded by inflation rates that exceeded 300% annually in the late 1980s.
By 1990 the denomination had lost most of its purchasing power, limiting meaningful circulation to a narrow window.