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Lao kip information


Lao kip
ເງີນກີບລາວ (Lao)
1000 kip issued in 2003
ISO 4217
CodeLAK (numeric: 418)
before 1980: LAJ
Subunit0.01
Unit
Symbol₭ or ₭N
Denominations
Subunit
1100att
Banknotes
 Freq. used1000, 2000, 5000, 10,000, 20,000, 50,000, 100,000 kip
 Rarely used1, 5, 10, 20, 50, 100, 500 kip
Coins
 Rarely used10, 20, 50 att
Demographics
User(s)Laos Lao People's Democratic Republic
Issuance
Central bankBank of the Lao P.D.R.
 Websitewww.bol.gov.la
Valuation
Inflation25.69%
 SourceBank of the Lao P.D.R, September 2023.
Lao kip
In UnicodeU+20AD KIP SIGN
Currency
CurrencyLao kip
Lao kip Category

The kip (Lao: ກີບ, romanized: kib; code: LAK; sign: or ₭N; French: kip; officially: ເງີນກີບລາວ, lit. "currency Lao kip") is the currency of Laos since 1955. Historically, one kip was divided into 100 att (ອັດ) which are no longer in regular use. The term derives from ກີບ kì:p, a Lao word meaning "ingot."[1][2]

  1. ^ "Definition of KIP". www.merriam-webster.com.
  2. ^ Inc, Merriam-Webster; Staff, Merriam-webster (June 19, 2004). Merriam-Webster's Collegiate Dictionary: Eleventh Edition. Merriam-Webster. ISBN 9780877798095 – via Google Books. {{cite book}}: |last1= has generic name (help)

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Lao kip

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coupled with the Lao government's own mismanagement of the economy, resulted in spiraling inflation and a steep depreciation of the kip, which lost 87%...

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Boten

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Boten operates on Beijing time.: 130  Boten allows the use of both the Lao kip and the Chinese yuan.: 130  The Boten special economic zone is under development...

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Member states of ASEAN

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8 August 1967 Laos Vientiane 236,800 h6,492,400 24 62,797 0.613 Lao kip (LAK; ₭) Lao Thongloun Sisoulith 23 July 1997 Thongloun Sisoulith Sonexay Siphandone...

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The Lao Securities Exchange (LSX) is the primary stock exchange in Laos, located in the capital Vientiane. Companies on the LSX have raised more than...

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Улуттук банкы / Национальный банк Кыргызской Республики 1991  Laos Lao kip Bank of the Lao People's Democratic Republic ທະນາຄານ ແຫ່ງ ສ. ປ. ປ. ລາວ 1968  Latvia...

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