Catalog
| Issuer | Ngân Hàng Nhà Nước Việt Nam (State Bank of Vietnam) |
|---|---|
| Year | 1976 |
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| Currency | First new đồng (1978-1985) |
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|---|---|
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| Reverse description | The central vignette presents a tracked bulldozer working along an embankment in the foreground, with a second tractor visible behind it and a large multi-span concrete dam or bridge structure extending across the middle distance. The scene is rendered in fine intaglio line work in shades of blue on a light ground, conveying the post-reunification emphasis on agricultural and industrial reconstruction. Ornate scrollwork medallions flank the composition on either side, with the denomination numeral '20' repeated at upper left, lower left, and lower right within decorative cartouches. |
| Reverse lettering | HAI MƯƠI ĐỒNG 20 1976 |
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| Comments |
This note belongs to the first unified currency series issued after reunification — the September 1975 monetary reform had already replaced the currencies of both the former Republic of Vietnam in the South and the Democratic Republic of Vietnam in the North with a transitional dong, but this 1976 series consolidated that process under a single national bank identity. The State Bank's name appearing here reflects the institutional continuity from Hanoi rather than a new southern entity.
Pick 83 is among the lower denominations of the series and circulated heavily through a command economy with chronic shortages and suppressed pricing — actual purchasing power of a 20 dong note eroded quickly through the late 1970s, well before the 1985 redenomination cut the dong at 10:1.