"The Dong: SE Asia's Least Convertable Currency" Hanoi Warnings Or Dangers Tip by AKtravelers
Hanoi Warnings and Dangers: 92 reviews and 66 photos
The Vietnamese unit of currency is the Dong, and when I was in Hanoi it traded for about 13000 to the US dollar. Since food and merchandise were generally very cheap, I didn't worry too much about the rate, and even if I did, inflation was undermining it at about a 20% annual clip. The lack of confidence in the dong was manifest the menus at high-end restaurants -- prices were quoted in dollars.
All of this leads to the most important fact about the dong -- it's hard to trade it back into your home currency once you leave Vietnam. So try to spend most or all of your cash before you leave -- you may be stuck with it. I have about 80000 dong in my wallet which is pretty useless in Hawaii. Well, accept it's always a great conversation opener: "Would you like to see my dong?"
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