How much is a stake of 500,000 VND worth?

The highest denomination of Vietnamese currency is the 500,000 dong note, which has been in circulation since 2003. Officially known as the 500,000 dong bill, it features a deep blue-violet hue.

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The 500,000 dong banknote was issued on December 17, 2003. It has dimensions of 152mm x 65mm x 0.1mm and is made of Polymer material. The overall color of the banknote is a dark purplish blue.

Illustrative image

How much is 1 stack of 500,000 dong?

According to Article 4 of Circular 01/2014/TT-NHNN, the packaging of cash is regulated as follows:

A bundle of money consists of 1,000 banknotes of the same denomination and material, packed in 10th.

A bag of money consists of 20 bundles of banknotes of the same denomination and material.

A sack of money consists of 1,000 metal coins of the same denomination, packed in 20 bars. Each bar contains 50 coins.

A box of money consists of 2,000 new metal coins of the same denomination, packed in 40 bars. Each bar contains 50 coins.

A crate of metal coins consists of 10 bags of money of the same denomination.

These regulations ensure that the packaging of cash is done in a standardized and convenient manner for transportation and use.

According to the regulations of the State Bank of Vietnam, a stack of 500,000 dong (10th) consists of 100 banknotes. The total value of a stack of 500,000 dong is equivalent to 50 million dong.

Therefore, 1 bundle of 500,000 dong consists of 1,000 banknotes and has a value of 500 million dong.

SOURCEcafef
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