Lao kip

Lao kip

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.bol.gov.la
Valuation
Inflation	25.69%
Source	Bank of the Lao P.D.R, September 2023.

This article contains Lao text. Without proper rendering support, you may see question marks, boxes, or other symbols instead of Lao script.

₭
Lao kip
In Unicode	U+20AD ₭ KIP SIGN
Currency
Currency	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]