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5000 Dong

Issuer State Bank of Vietnam
Year 1989
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Composition Paper
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Protection type Watermark
Protection description Portrait watermark of Ho Chi Minh
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Comments

The 5000 Dong note was issued during a period of acute monetary stress in Vietnam — by the late 1980s, inflation had reached triple digits annually, eroding purchasing power so rapidly that denominations like this one, unthinkable a decade earlier, became routine transactional currency rather than large-denomination reserves. The State Bank had already conducted a redenomination in 1985, replacing old dong at 10:1, but the underlying fiscal conditions that made that reform necessary had not been resolved.

The "Printed: 30.04.1945" field in the source data is almost certainly a cataloging artifact or data entry error — that date predates the State Bank of Vietnam's existence entirely.