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50 000 Đồng
| Issuer | State Bank of Vietnam |
|---|---|
| Year | 1994 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait of Hồ Chí Minh at right with date below, national arms vignette at upper left center, all set against a dark olive-green and black intaglio design over a multicolor guilloche underprint. The denomination and issuing authority inscriptions appear in Vietnamese above and below the central design field. |
|---|---|
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| Reverse description | Central vignette presents a panoramic view of a busy commercial port, with a large warehouse or customs hall in the foreground, loading cranes and cargo vessels berthed at the quayside, and further shipping traffic visible across the harbor in the background. Denomination numerals appear at upper right and lower left, with a decorative guilloche rosette at lower left and a vertical striped security band at right, all rendered in dark olive-green on a multicolor underprint. |
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| Comments |
This note belongs to the third series of đồng banknotes issued after the 1985 redenomination failed to contain inflation — by the early 1990s, Vietnam's money supply had expanded so aggressively that a 50,000-đồng denomination, unthinkable a decade earlier, had become a practical necessity for everyday transactions. The State Bank had already issued a 50,000 note in 1990 (P#105); this 1994 paper issue ran alongside the polymer versions being introduced concurrently as the government began transitioning to more durable substrates.
Watermark security on paper issues of this period was relatively basic, and counterfeiting of high-denomination đồng notes was a documented problem throughout the 1990s — one reason the polymer program accelerated.