Currency - Lao kip

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Lao kip

The kip (ກີບ; code: LAK; sign: ₭ or ₭N; kip; officially: ເງີນກີບລາວ, lit. "currency Lao kip") is the currency of Laos since 1952. Historically, one kip was divided into 100 att (ອັດ).

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.

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

Country

Laos

Laos (, ; ລາວ, Lāo ), officially the Lao People's Democratic Republic (ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ; République démocratique populaire lao), commonly referred to by its colloquial name of Muang Lao (Lao: ເມືອງລາວ, Muang Lao), is a socialist state and the only landlocked country in Southeast Asia. Located at the heart of the Indochinese peninsula, Laos is bordered by Myanmar (Burma) and China to the northwest, Vietnam to the east, Cambodia to the southwest, and Thailand to the west and southwest.

Present-day Laos traces its historic and cultural identity to the kingdom of Lan Xang Hom Khao (Kingdom of a Million Elephants Under the White Parasol), which existed for four centuries as one of the largest kingdoms in Southeast Asia. Due to Lan Xang's central geographical location in Southeast Asia, the kingdom became a popular hub for overland trade, becoming wealthy economically as well as culturally. After a period of internal conflict, Lan Xang broke off into three separate kingdoms—Luang Phrabang, Vientiane and Champasak. In 1893, it became a French protectorate, with the three territories uniting to form what is now known as the country of Laos. It briefly gained independence in 1945 after Japanese occupation, but was recolonised by France until it won autonomy in 1949. Laos became independent in 1953, with a constitutional monarchy under Sisavang Vong. Shortly after independence, a long civil war began, which saw the communist resistance, supported by the Soviet Union, fight against, first, the monarchy and then a number of military dictatorships, supported by the United States. After the Vietnam War ended in 1975, the Communist Pathet Lao movement came to power, seeing the end to the civil war. During the first years of Communist rule, Laos was dependent on military and economic aid supported by the Soviet Union until its dissolution in 1991.

Language

Lao kip (English)  Kip laotiano (Italiano)  Laotiaanse kip (Nederlands)  Kip (Français)  Laotischer Kip (Deutsch)  Kip (Português)  Лаосский кип (Русский)  Kip laosiano (Español)  Kip (Polski)  寮國基普 (中文)  Kip (Svenska)  キープ (日本語)  Кіп (Українська)  Лаоски кип (Български)  라오스 킵 (한국어)  Laosin kip (Suomi)  Kip (Bahasa Indonesia)  Laoso kipas (Lietuvių)  Laoský kip (Česky)  Laos kipi (Türkçe)  Лаоски кип (Српски / Srpski)  Laoszi kip (Magyar)  Laoski kip (Hrvatski)  กีบ (ไทย)  Κιπ (Ελληνικά)  Kíp Lào (Tiếng Việt) 
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