Lao kip

The kip (Lao: ກີບ; code: LAK; sign: ₭ or ₭N; Official Name: ເງີນກີບລາວ, lit. "Currency Lao Kip") is the currency of Laos since 1952. One kip is divided into 100 att (ອັດ), however, due to their low value, coins in general are very hard to come by in circulation.

Lao Kip exchange rate

History

Free Lao Kip (1946)

In 1945–1946, the Free Lao 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.

Royal kip (1952)

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: ອັດ) or cents (French: Centimes).

Coins

Coins were issued in denominations of 10, 20 and 50 att or cents with French and Lao inscriptions. All were struck in aluminium and had a hole in the centre, like the Chinese cash coins. The only year of issue was 1952.

Banknotes

In 1953, the Laos branch of the Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam issued notes dual denominated in piastre and kip. At the same time, the two other branches had similar arrangement with the riel in Cambodia and the đồng in South Vietnam. There were notes for 1, 5, 100 and 100 kip/piastres.

Lao

Lao may refer to:

Laos

Other places

Philosophers

Other

Lao, Estonia

Lao is a village in Tõstamaa Parish, Pärnu County, in southwestern Estonia. It is located on the top of the Tõstamaa peninsula, on the coast of the Gulf of Riga. Lao has a population of 31 as of 1 January 2011.

Munalaiu harbour, which connects the islands Kihnu and Manilaid with the mainland, is located in Lao.

References

Lao people

The Lao (Lao: ລາວ, Thai or Isan: ลาว, IPA: láːw) are an ethnic group native to Laos and northeastern Thailand (where they are known as Isan), they belong to the family of Tai peoples.

Names

The etymology of the word Lao is uncertain, although it may be related to tribes known as the Ai Lao (Lao: ອ້າຽລາວ, Isan: อ้ายลาว, Chinese: 哀牢; pinyin: Āiláo, Vietnamese: ai lao) who appear in Han Dynasty records in China and Vietnam as a people of what is now Yunnan Province. Tribes descended from the Ai Lao included the Tai tribes that migrated to Southeast Asia.

The English word Laotian, used interchangeably with Lao in most contexts, comes from French laotien/laotienne. The dominant ethnicity of Northeastern Thailand who descend from the Lao are differentiated from the Lao of Laos and by the Thais by the term Isan people or Thai Isan (Lao: ໄທ ອີສານ, Isan: ไทยอีสาน, Thai pronunciation: [iː sǎ:n]), a Sanskrit-derived term meaning northeast, but 'Lao' is still used.

Subdivisions of the Lao people

Kip

Kip may refer to:

Places

In athletics

As a name or nickname

KIP

Other uses

See also

Kip (nickname)

Kip is a nickname for:

Kip (surname)

Kip is a surname. Notable people with the surname include: