Democratic Republic of Vietnam banknote of 100 Dong
On May 6, 1951, a significant milestone was reached when President Ho Chi Minh established the National Bank of Vietnam. This institution was entrusted with crucial responsibilities, including the issuance of banknotes, treasury management, while seeking currency independence 1. From that moment on, paper money issued by the National Bank of Vietnam entered official circulation. This new currency encompassed a range of denominations, including 1, 10, 20, 50, 100, 200, 500, 1000, and 5000.
While the design and appearance of the bank money shared similarities with its previous versions, a notable change was the introduction of unique pictorial elements printed on the reverse side of each denomination, distinguishing them by their respective colors and imagery. This transition marked a significant step towards monetary sovereignty and the establishment of a unified currency system under the guidance of the National Bank of Vietnam.
1 from colonial currencies at the time
![Democratic Republic of Vietnam banknote of 100 Dong](https://thumbs.peoplesgdarchive.org/static/media-items/image/33186/upto-1440x792/667674f9/1/tien-viet-nam-dcch.jpg)