VNDong Paper Notes Cease To Be Legal Jan 1 2013 10/09/2012

[aixa]

Nota de Aixa:
Los billetes (Dongs de Viet Nam), a los que se refiere este rumor como que van a ser sacados de circulacion efectivo al 1 de enero, 2013, son unos cuyo material es de papel y que su valor nominal, o sea, el valor impreso en las caras de los billetes, es de 10,000 y 20,000 dongs. Esos yo nunca los he visto. No tengo muchos Dongs, pero los que tengo tienen valores de 100,000 y 200,000 y el material en el cual estan impresos son los que se mencionan en este rumor como " POLYMER" , que parecen como plasticos y tienen una pequena ventanita transparente.

Esos billetes, que entiendo son los que deben tener la mayoria de las personas que compraron dongs de dealers, no van a tener ningun problema al 1 de enero de 2013, esos seguiran siendo reconocidos como validos, como " legal tender", por lo que no debe ser motivo alguno de preocupacion . Fijense que los dos modelos que aparecen reflejados en el rumor no tienen la ventanilla transparente que tienen los de 100,000 y 200,000. Ahora, si alguien tiene billetes de esos pequenos , que son de material de papel, deben verificar y corroborar si dichos billetes en realidad van a dejar de tener valor, van a ser sacados de circulacion, al 1 de enero y de ser ello correcto, les sugiero que traten de cambiarlos en algun banco, o guardarlos como billetes de coleccion, que segun dice el rumor se estan revendiendo ahora a coleccionistas a un valor 4 veces mayor al valor de su compra original. Dicho valor aun con ese aumento es practicamente insignificante dado el valor devaluado que tiene el Dong en la actualidad, valor que esta muy por debajo que el mismo dinar que vale una octava parte de un dolar.

Espero que esta nota sea de ayuda para las personas que en ocasiones me han pedido que presentemos un resumen en espanol de los rumores que son en ingles.

Aixa

VNDong Paper Notes Cease To Be Legal Jan 1 2013 [COLOR=#000000 !important]10/09/2012[/COLOR] [COLOR=#000000 !important]Traders make a killing on banknotes before withdrawal TUOITRENEWS A+ A- Updated : Tue, October 9, 2012,5:08 PM (GMT+0700) The bills will be withdrawn from circulation as of January 1, 2013, the State Bank of Vietnam said late last month. VND10,000 and VND20,000 paper banknotes are now offered for sale at prices up to four times higher than their face value following a recent announcement from the State Bank of Vietnam that the bills will be withdrawn from circulation from next year. The paper notes will cease to be legal tender from January 1, 2013, the central bank said late last month. They can be exchanged for the currently circulated polymer versions after this milestone, the bank added. Online traders, who have collected paper notes since the introduction of polymer banknotes in 2003, immediately seize this opportunity to reap profits from those who are willing to open their wallet to buy the notes in order to gift them to friends as a good luck wish, or just to keep them as good memories of the currencies.[/COLOR] [COLOR=#000000 !important] The serial number on each note will determine its price, they said, explaining the more “unique” the number is the higher the price gets. A trading forum member recently posted an ad that listed a VND10,000 paper note at VND20,000 while another demanded VND40,000 for each of his five brand new bills, and VND25,000 for older ones. The latter member claimed that it is hardly impossible to find VND10,000 paper bills now so he would definitely not lower the prices. Others said that they will sell their VND20,000 paper notes only if buyers bid VND40,000 to VND50,000 for each one. Paper notes like this will be given as souvenirs to friends on special occasions like Tet (Vietnamese Lunar New Year) or New Year’s Day (January 1), Lan Anh, a college student in Hanoi, said. The VND10,000 paper note symbolizes luck thanks to its bright shade of red, according to a member of an online trading forum. Easy to be torn Locals apparently prefer the polymer notes as many sellers complained that it is easy for the paper ones to absorb water and thus be torn apart. “It is a good decision because polymer notes are waterproof and difficult to break off,” Nguyen Thi Ngoc, a florist in Hanoi, said. Ha, a greengrocer at Trieu Khuc market in the capital city, added that VND10,000 and VND20,000 paper notes tend to get moldy and even decayed if left unused for a long time. “Their polymer equivalents are more convenient,” she said. Flip sides of polymer notes VND10,000 and VND20,000 paper bills also have fans even though their polymer counterparts prevail now. The polymer currencies lose their color easily and the printing on some notes would blur quickly after several times being changed hands, Nguyen Thi Lien, another Trieu Khuc seller, said. “I still prefer the paper notes,” she said. A number of sellers said the color of the paper bills is far brighter than that of the polymer issues. Others moaned that a lot of the polymer banknotes have turned creased and less shiny, with the figures and images on them already starting to fade. Many customers have rejected such notes when dealing with vendors at the market, they said. http://dongtalk.com/forums/showthrea...2069#post42069 ... [/COLOR]

[RVCOMINGSOON]

SBV exchange old banknotes

dtinews.vn | October 24, 2012 09:23 AM


HCM City's banks have started to collect VND10,000 (USD0.48) and VND20,000 cotton banknotes to exchange them for plastic notes.

VND10,000 and VND20,000 cotton banknotes

The local authorities also asked the Department of Information and Communication to co-operate with districts and ward authorities to inform the public.









On September 28 the State Bank of Vietnam announced that they would start collecting the older cotton VND10,000 and VND20,000 notes beginning January 1, 2013, as those two notes will be taken out of circulation.

People will be able to bring their old notes to their nearest SBV's branch, credit facilities or State treasury exchanges for new polymer notes.
SBV had stopped issuing the cotton banknotes and recovered them via banks and treasury to limit their presence in the market. Some commercial centres have refused to accept the cotton banknotes and many people have thought that the notes were taken out of circulation for years.
"I haven't accepted cotton banknote from customers in a long time." Ly, a trader in Ngoc Khanh Market, Hanoi said.
After the SBV announced the decision, the old notes suddenly gained more value, especially the old cotton VND10,000. The note with red colour was often used as lucky money during Tet.
The old cotton VND10,000 has been offered on the internet for anywhere between VND20-50,000. Some VND10,000 notes have higher prices with 'lucky' serial numbers.


http://www.dtinews.vn/en/news/018/25...banknotes.html