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Numismatics Channel's video: 500 South Vietnamese Dong Banknote Five Hundred Dong South Vietnam: 1972 Obverse Reverse

@500 South Vietnamese Dong Banknote (Five Hundred Dong South Vietnam: 1972) Obverse & Reverse
500 South Vietnamese Dong Banknote (Five Hundred Dong South Vietnam: 1972) Obverse & Reverse. đồng Việt Nam Cộng Hòa - Republic of Vietnam Dong (South Vietnam). 500 South Vietnamese đồng (Năm Trăm Đồng) 1972 - South Viet Nam - Republic of Vietnam. The đồng (銅) was the currency of the Republic of Vietnam (South Vietnam) from 1953 to May 2, 1978. It was subdivided into 100 xu, also written su. South Vietnam Banknotes Pick-33 Obverse: Palace Reverse: Tiger. South Vietnamese Currency - Value 500 Đ. Original Size: 152 x 76 mm. Color: Orange-Green. Security Features: Watermark Symbol: Đ Issued: 1972. Banknotes denominations from 1972 series: 50, 100, 200, 500, 1000 đồng. Issued by: Central bank - National Bank of Vietnam (Ngân-Hàng Quốc-Gia Việt-Nam) -------------------------- History: In 1953, notes (dated 1952) were introduced by the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam in denominations of 1, 5, 10, 100 and 200 đồng. On 22 September 1955, the Ministry of Finance and Economic Affairs announced that notes from the Bank of Indochina and the Institut d’Emission issues for Cambodia and Laos would be exchanged for Institut d’Emission issues for Vietnam starting 30 September until 7 November. The Institut issues for Cambodia and Laos ceased to be legal tender on 7 October, and all Bank of Indochina notes lost their legal tender status on 31 October following the 15 October introduction of the first notes from the National Bank of Vietnam. Subsequently, the Ngân-Hàng Quốc-Gia Việt-Nam (National Bank of Vietnam) took over the issuance of paper money, introducing 2 and 500 đồng notes in 1955 and 20 and 50 đồng in 1956. Between 1964 and 1968, notes below 50 đồng were replaced by coins. In 1971, 1000 đồng notes were introduced. Due to steady inflation, 5000 and 10,000 đồng notes were printed in 1975 but not issued due to the communist victory. On September 22, 1975, after the fall of Saigon, the currency in South Vietnam was changed to a "liberation đong" worth 500 old Southern đồng. After Vietnam was reunified, the đồng was also unified, on May 3, 1978. One new đồng equalled one Northern đồng or 0.8 Southern "liberation" đồng. On September 14, 1985, the đồng was revalued, with the new đồng worth 10 old đồng. This started a cycle of chronic inflation that continued through much of the early 1990s.

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This video was published on 2016-12-09 15:59:39 GMT by @Numismatics-Channel on Youtube. Numismatics Channel has total 3.5K subscribers on Youtube and has a total of 161 video.This video has received 28 Likes which are lower than the average likes that Numismatics Channel gets . @Numismatics-Channel receives an average views of 7K per video on Youtube.This video has received 5 comments which are lower than the average comments that Numismatics Channel gets . Overall the views for this video was lower than the average for the profile.

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