A common question asked by those looking to buy Vietnam Dong is whether they should buy circulated or uncirculated notes. With the Iraqi Dinar uncirculated notes seem to be the most common note, as well as the most desired notes.

1. Why Are Most Iraqi Dinar Notes Uncirculated & Most Vietnam Dong Notes
Circulated?
A common question asked by those looking to buy Vietnam Dong is whether they should buy
circulated or uncirculated notes. With the Iraqi Dinar uncirculated notes seem to be the most common
note, as well as the most desired notes.
With the Vietnam Dong on the other hand there seems to be much less emphasis on having uncirculated
notes whether it be when purchasing Vietnam Dong or when converting your Vietnam Dong to USD.
Many buyers wonder why this is?
There is less emphasis on having uncirculated notes when it comes to the Vietnam Dong for several
reasons. First, circulated notes are much more common than uncirculated notes. In the country of Iraq
the dollar seems to be used more than the Dinar not only among the populace but also in business
transactions. Probably because A. the Dinar is not a pegged or traded currency, and B. because even the
largest Iraqi Dinar note, the 25,000 note, has relatively little buying power at about $25. Conducting
large transactions using the Dinar would be cumbersome and difficult.
Because the Dinar is not used much in Iraq there's a huge abundance of uncirculated notes coming out
of the Central Bank of Iraq. On the other hand the Vietnam Dong is a pegged or traded currency and the
people of Vietnam actually use their own currency much more so than the Dollar so for that reason
most of the currency coming out of Vietnam is circulated.
The Vietnam Dong is also made of a polymer material. The notes are called polymer notes. Polymer
notes were developed by Australia and are basically made of a polypropylene material meaning they
are essentially a plastic note instead of a paper note. They are more expensive for a country to produce
upfront, however these notes have a lifespan of 10 years or more as opposed to the average lifespan of
a paper note which is about 1 year. Because of this the notes tend to hold up better and that could also
be another reason people are less concerned about having uncirculated notes, because the notes tend to
stay in better condition and don't degrade like paper notes.
With the Iraqi Dinar, there seems to be a premium placed on uncirculated notes. That is not really the

2. case with the Vietnam Dong. When converting Vietnam Dong to USD whether through a dealer or a
private party the price seems to be the same whether the notes are circulated or uncirculated.
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