Pound Sterling to Vietnamese Dong — exchange rate

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.

Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.

The Vietnamese dong (₫) is a currency used on the territory of Vietnam. On the global financial market, the currency is abbreviated to VND. One dong contains 100 xu or hào.

When Vietnam was colonized by France, the country used the Indochinese piastres. Only in 1947, the government managed to issue its own currency. Nevertheless, the Indochinese piastre was in circulation up to 1954. The name “dong” translates as bronze or copper. Since 2003, the country has been issuing notes of a new format made not out of paper, but out of synthetic polymer which can last longer, particularly in humid climates.