Lao kip
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."
| ເງີນກີບລາວ (Lao) | |
|---|---|
| 1000 kip issued in 2003 | |
| ISO 4217 | |
| Code | LAK (numeric: 418) before 1980: LAJ |
| Subunit | 0.01 |
| Unit | |
| Symbol | ₭ or ₭N |
| Denominations | |
| Subunit | |
| 1⁄100 | att |
| Banknotes | |
| Freq. used | 1000, 2000, 5000, 10,000, 20,000, 50,000, 100,000 kip |
| Rarely used | 1, 5, 10, 20, 50, 100, 500 kip |
| Coins | |
| Rarely used | 10, 20, 50 att |
| Demographics | |
| User(s) | Lao People's Democratic Republic |
| Issuance | |
| Central bank | Bank of the Lao P.D.R. |
| Website | www |
| Valuation | |
| Inflation | 25.69% |
| Source | Bank of the Lao P.D.R, September 2023. |
| ₭ | |
|---|---|
Lao kip | |
| In Unicode | U+20AD ₭ KIP SIGN |
| Currency | |
| Currency | Lao kip |
| Category | |
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