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| 表面の説明 | Intaglio portrait vignette of Emperor Nguyễn Huệ (Quang Trung) in full military regalia with ornate helmet occupies the left half of the note, captioned "NGUYỄN-HUẾ" below. The background carries a fine multicolour guilloche underprint with a large blank watermark oval to the right, and a landscape of trees and earthworks rendered in intaglio at centre. Two facsimile signatures appear above the guilloche rosette at upper centre, with the denomination "HAI TRĂM ĐỒNG" in bold letterpress along the lower right. |
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| 表面の銘文 | NGÂN-HÀNG QUỐC-GIA VIỆT-NAM TỔNG-KIỂM-SOÁT GIÁM-ĐỐC SỐ PHÁT-HÀNH HAI TRĂM ĐỒNG NGUYỄN-HUẾ B.2. |
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The National Bank of Vietnam issued this note during a period when South Vietnam's economy was under severe strain from wartime inflation and heavy US dollar inflows tied to military spending. The 200 Đồng denomination sat at the upper end of the series at the time of issue, reflecting piastre purchasing power already well eroded from earlier decades.
Bradbury Wilkinson, based in New Malden, had an extensive record printing currency for former British territories and newly independent nations across Asia and Africa — Vietnam was a commercially contracted client, not a colonial one. The watermark-only security specification was modest even by mid-1960s standards.