We experimentally study miscible displacement flows of a light Newtonian fluid by a heavy viscoplastic fluid, in a vertical pipe with a large aspect ratio (δ−1≫1). We use camera imaging, laser-induced fluorescence, and ultrasound Doppler velocimetry techniques, to capture and process data. Four dimensionless parameters, namely, the Reynolds (Re), Bingham (B), viscosity ratio (M), and densimetric Froude (Fr) numbers (or their combinations), mainly govern the flow dynamics. We identify and characterize three distinct flow regimes, including plug, separation, and mixing regimes, while we describe each regime's dynamics in detail, particularly in terms of the velocity and concentration fields as well as the displacement front velocity. In addition, we analyze the plug regime concerning the residual wall layers, the separation regime in terms of the separation dynamics, spatiotemporal separation zone, and viscoplastic layer thinning, and the mixing regime regarding the mixing index and macroscopic diffusion. Finally, we develop a simplified model to help delineate the flow regime classification, in the plane of Re/Fr2 and M.