Swiss Franc in Vietnamese Dong

CHF Swiss Franc

Country of application:
Liechtenstein, Switzerland

Coin denominations in circulation:
5, 2 and 1 franc, as well as 50, 20, 10 and 5 rappen.

Denominations of banknotes in circulation:
1000, 200, 100, 50, 20 and 10 francs.

History reference:
The Swiss franc is the official currency of Switzerland. The history of the modern Swiss franc dates back to May 7, 1850. Until that day, the country did not have a single monetary system: 25 cantons... and half-cantons, 16 cities, and abbeys issued their own money. There were about 860 types of coins of various values and denominations in circulation. Moreover, most of the money circulation accounted for foreign money in general. The situation was changed by the constitution of 1848, in accordance with which a single national currency was introduced. Due to the flexible exchange rate, the strong development of the Swiss economy and the political stability of the country, the Swiss franc is one of the most stable currencies in the world, in high demand as a reserve. It traditionally refers to the currencies of tax havens or offshore zones, with zero inflation and legally fixed gold and foreign exchange reserves of at least 40%. However, this condition, introduced in the 1920s, was abolished on 1 May 2000 due to amendments to the Swiss Constitution. The high confidence of international investors is the reason for the upward trend in the exchange rate of the franc against most other national currencies.

VND Vietnamese Dong

Country of application:
Vietnam

Coin denominations in circulation:
200, 500, 1000, 2000, 5000 VND.

Denominations of banknotes in circulation:
500, 1000, 2000, 5,000, 10,000, 20,000, 50,000, 100,000, 200,000, 500,000 VND.

History reference:
The Vietnamese dong has been the national currency of the united Vietnam since 1978 and has been on the forex market to this day. In northern Vietnam, the dong appeared earlier - in 1947, in the Sout...h - a little later - in 1955 (also called "free dong"). In 1887, Vietnam became a colony of France, and from December 22, 1896, the French Indochina piastre was used as a currency in the country, which was equal to the silver Mexican peso and had 24.4935 g of pure silver. From May 1947, North Vietnam began issuing the dong of the Democratic Republic of Vietnam. The exchange rate of piastre to dong was 1:1. But the piaster was used in parallel with the dong in North Vietnam until November 1954. South Vietnam on September 22, 1955 announced the cessation of the use of piastre as a currency and, a month later, on October 15, the issue of banknotes of the National Bank of Vietnam in dongs began. An interesting fact is that on a banknote of 200 Vietnamese dong in 1987, a Belarus tractor is depicted.