Obverse: President Kaysone Phomvihane; Pha That Luang;
Reverse: Hydroelectric dam; Watermark: President Kaysone Phomvihane
Reverse: Hydroelectric dam; Watermark: President Kaysone Phomvihane
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The kip (Lao: ກີບ) is the currency of Laos since 1952. Its ISO 4217 code is LAK and it is usually written ₭ or ₭N. One kip is divided into 100 att (ອັດ).
In 1945-1946, the Free Kip government in Vientiane issued a series of paper money in denominations of 10, 20 and 50 att and 10 kip before the French authorities took control of the region.
The kip was reintroduced in 1952, replacing the French Indochinese piastre at par. The kip (also called a piastre in French) was sub-divided into 100 att (Lao) or cents (French).
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