Vietnamese Dong to South Korean Won — 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: South Korea

Currency Code, Symbol: KRW, ₩

Denominations of coins in circulation: ₩10, ₩50, ₩100, ₩500

Denominations of banknotes in circulation: ₩1,000, ₩5,000, ₩10,000, ₩50,000

History: The South Korean won (₩) is the official currency of South Korea. The banknotes are not used in other countries. An international name, used in exchange, is KRW.Chon, a small coin, is used for exchange. One KRW has 100 chon. The currency first appeared in the country in 1945, replacing the Korean yen. Afterwards, there was the South Korean hwan, but in 1962, the won was restored as an official currency again. The notes and coins of South Korea are unique in their colorful design. There are important figures, cultural and religious objects printed on them.Read More