Question

What is the currency of Vietnam?​

Answer 1

Answer:

VND is the abbreviation of Vietnam's national currency, the Vietnamese đồng. VND is managed by the State Bank of Vietnam through a crawling peg to the U.S. dollar. The word đồng is used in Vietnamese to describe any money or currency generically, and so the national currency must always specify Vietnamese đồng.

Answer 2

$\huge\fbox\pink{Answer:-}$

•VND is the abbreviation of Vietnam's national currency, the Vietnamese đồng.

•VND is managed by the State Bank of Vietnam through a crawling peg to the U.S. dollar.

•The word đồng is used in Vietnamese to describe any money or currency generically, and so the national currency must always specify Vietnamese đồng.

•The term VND refers to the currency abbreviation for the Vietnamese dồng.

• The dồng is the national currency for Vietnam, which replaced the use of separate North and South Vietnamese money in 1978.1

• The dồng is considered an exotic currency because of the lack of interest in it on the forex market or in global finance.

•Until 2016, it was loosely pegged to the U.S. dollar through an arrangement called a crawling peg.2

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