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50 Ðồng

Issuer Ngân Hàng Việt Nam (Bank of Vietnam)
Year 1975
Type Standard circulation banknote
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Obverse description Central vignette of a factory interior with male and female workers operating industrial machinery, rendered in green intaglio on a multicolour guilloche underprint with pink and yellow floral scroll patterns. A decorative medallion with intricate geometric guilloche work occupies the left side, with the numeral '50' in the upper corners. The bank title 'NGÂN HÀNG VIỆT NAM' appears in a banner at the top, with the denomination 'NĂM MƯƠI ĐỒNG' at lower right.
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Reverse lettering GIẤY BẠC NGÂN HÀNG VIỆT NAM
NĂM MƯƠI ĐỒNG
1966
50
(Translation: Note of the Bank of Vietnam / Fifty Đồng / 1966)
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Comments

Pick 44 belongs to the transitional currency issued in South Vietnam immediately following reunification — specifically the series introduced in May 1975 by the Provisional Revolutionary Government before the formal establishment of a unified Vietnamese banking system. These notes circulated in the South only, replacing the Republic of Vietnam's piastre at a rate of 500 old đồng to 1 new đồng, a brutal conversion that wiped out savings held in the old currency.

The series was itself short-lived, superseded in 1978 when North and South Vietnamese currencies were consolidated into a single national đồng at par.

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