Question
Here is the question : WHICH COUNTRY’S CURRENCY IS CALLED THE DONG?
Option
Here is the option for the question :
- Cambodia
- Vietnam
- Egypt
- Iraq
The Answer:
And, the answer for the the question is :
Explanation:
The dong, sometimes abbreviated as VND, is the currency that is used officially in Vietnam.
As of the middle of November in 2019, 1 VND is about equivalent to $0.
000043 USD.
To put it another way, one US dollar is equivalent to approximately 23,168.
59 Vietnamese dong.
The country has quite a few denominations of bank notes currently in circulation, ranging from a 100-dong note all the way up to 500,000.
When searching for a place to get cash changed, use caution and select a merchant with a good reputation, or hunt for an ATM.
It’s possible that airports and banks will try to scam you out of more money than you’re actually worth.
In general, while trying to make a purchase, bartering is prevalent in areas of Vietnam that see a high volume of tourists.
Because prices are sometimes marked up to ridiculously high levels for tourists, you should make it an effort to bargain.
The dong is the official currency of Vietnam, a Southeast Asian country known for its rich cultural heritage, stunning natural landscapes, and dynamic economy. The dong has been the currency of Vietnam since 1978, when it replaced the previous currency, the South Vietnamese piastre.
The dong is denoted by the symbol “₫” and is issued by the State Bank of Vietnam. The currency is used throughout the country for everyday transactions, such as buying goods and services, paying bills, and exchanging money.
the dong is a powerful symbol of Vietnam’s economic growth and development in recent decades. The country has experienced a rapid transformation from a primarily agrarian economy to one that is increasingly industrialized and diversified, with a growing focus on technology, innovation, and entrepreneurship.
The dong is also an important tool for international trade and investment in Vietnam. The country has a growing export sector, with key industries including textiles, electronics, and agriculture, and the dong is used in transactions with trading partners around the world.
the dong has faced a number of challenges in recent years, including inflation and fluctuations in exchange rates. The government has implemented a range of policies aimed at stabilizing the currency and promoting sustainable economic growth, including measures to increase foreign investment, improve infrastructure, and promote innovation and entrepreneurship.
the dong is a vital and dynamic currency that plays a key role in the economic and cultural landscape of Vietnam. Whether you’re a business traveler, a tourist, or simply looking to explore new and exciting destinations, understanding the role of the dong in Vietnam’s economy and society is an important part of understanding the country as a whole.