From Freepedia
- This article is about the currency of Laos. For the airport with IATA code LAK, see Aklavik Airport.
Kip is the currency of Laos. By ISO 4217 it is abbreviated as LAK. One Kip is divided in 100 At.
In 1979 a currency reform was made, replacing 100 old kip by one new kip. There are no coins currently in circulation in Laos. Kip banknotes come in demominations of 100, 500, 1,000, 5,000, 10,000 and 20,000. The exchange rate as of April 2005 was 1 EUR = 13,636 LAK and 1 USD = 10,500 LAK.
The LAK's appearance is much closer to the U.S. Dollar rather than other currencies of Southeast Asia
The Phat lao Kip that was issued sometime in the
1970's in denominations of 1, 5, 10, 20, 50, 100,
200 and 500 Kip. In 1975 the Phat Loa kip replaced
the royal Kip at 1 Phat lao Kip= 20 rayal Kip.
Rayal Kip comes in denominations of 1, 5, 10, 20, 50,
100 in 1955 and 200, 500 in 1960's and new 10, 1000
and 5000 kip in 1974- 1975.
See also
| Currencies of Asia and the Pacific
|
| Central
| Afghan afghani | Kazakstani tenge | Kyrgyzstani som | Mongolian tugrug | Russian ruble | Tajikistani somoni | Turkmenistani manat | Uzbekistani som
|
| East
| Chinese renminbi | Hong Kong dollar | Japanese yen | Macanese pataca | North Korean won | South Korean won | New Taiwan dollar
|
| South-East
| Brunei dollar | Cambodian riel | Indonesian rupiah | Lao kip | Malaysian ringgit | Myanmar kyat | Philippine peso | Singapore dollar | Thai baht | US Dollar (East Timor) | Vietnamese dong
|
| South
| Bangladeshi taka | Bhutanese ngultrum | Indian rupee | Maldives rufiyaa | Nepalese rupee | Pakistani rupee | Sri Lankan rupee
|
| West
| Armenian dram | Azeri manat | Bahraini dinar | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | New Israeli sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese pound | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | New Turkish lira | UAE dirham | Yemeni rial
|
| Pacific
| Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Hawaii, Marshall Islands, Federated States of Micronesia, Northern Mariana Islands, Palau) | Vanuatu vatu
|
| edit this box
|
