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5 Hào
| Issuer | State Bank of Vietnam |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Paper |
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|---|---|
| Obverse lettering | Cộng Hòa Xã Hội Chủ Nghĩa Việt Nam Năm Hào |
| Reverse description | The centre of the reverse is occupied by a large stylised lotus blossom vignette rendered in intaglio, within which the bold numeral 5 is set against a fine guilloche background. Decorative guilloche cornerpieces frame all four corners, and the denomination NĂM HÀO is lettered below the central vignette. |
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| Comments |
The 1985 Vietnamese currency reform was a straight redenomination — 10 old đồng became 1 new đồng — introduced in September of that year to address the inflationary damage of the post-reunification decade. This 5 hào note, worth half a new đồng, was part of the lowest tier of that reformed series, intended to handle fractional transactions at a moment when the command economy still set fixed prices across most of the retail sector.
The series was short-lived in practical terms. Inflation accelerated sharply through the late 1980s, and denominations this small were effectively worthless before the decade ended.