Vietnamese Dong to Indonesian Rupiah — exchange rate

Country of Circulation: Vietnam

Currency Code, Symbol: VND, ₫

Denominations of coins in circulation: 200₫, 500₫, 1000₫, 2000₫, 5000₫

Denominations of banknotes in circulation: 500₫, 1,000₫, 2,000₫, 5,000₫, 10,000₫, 20,000₫, 50,000₫, 100,000₫, 200,000₫, 500,000₫

History: 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.Read More

Country of Circulation: Indonesia

Currency Code, Symbol: IDR, Rp

Denominations of coins in circulation: Rp100, Rp200, Rp500, Rp1,000

Denominations of banknotes in circulation: Rp1,000, Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000, Rp100,000

History: The Indonesian rupiah (Rp) is a currency issued and accepted for payment in Indonesia. It is abbreviated to IDR. A local abbreviation – Rr – is also placed on notes.Sen, a coin of a smaller denomination, is used for change. One rupiah has 100 sens. The coin was removed from circulation in the 60s of the past century, and sen is only used in cashless operations. The currency was issued in Indonesia since 1945. For some time, it was used along with other currencies – the Netherlands Indies gulden and the Japanese occupational rupiah. In 1930s, a large-scale financial crisis led to the collapse of rupiah and resignation of president Haji Suharto.Read More