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2 Xu
| Issuer | National Bank of Vietnam |
|---|---|
| Year | 1964 |
| Type | Standard circulation banknote |
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| Obverse description | The state arms of the Democratic Republic of Vietnam — a gold star on red field within a circular wreath — is centered against a radiating sunburst guilloche pattern that fills the note. The denomination numeral '2' appears in the left and right margins within ornamental frames, and a decorative floral border frames the entire composition. The value inscription 'HAI XU' is displayed in a rectangular cartouche at the base, below the arms. |
|---|---|
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| Reverse lettering | NGÂN HÀNG NHÀ NƯỚC VIỆT NAM (Translation: State Bank of Vietnam) |
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| Comments |
Vietnam's National Bank issued this tiny-format note as a fractional instrument during a period when the southern economy was under severe inflationary pressure and coinage was largely absent from everyday transactions. The xu denominations — 1, 2, and 5 — circulated as practical substitutes for metal that the government could not reliably produce in sufficient quantity.
P#75 is among the more elusive of the xu series in any grade, largely because notes this small were easily lost, discarded, or pulped after their brief useful life.